Portal:Money

The Money Portal

Euro coins and banknotes

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular country or socio-economic context. The primary functions which distinguish money are: medium of exchange, a unit of account, a store of value and sometimes, a standard of deferred payment.

Money was historically an emergent market phenomenon that possessed intrinsic value as a commodity; nearly all contemporary money systems are based on unbacked fiat money without use value. Its value is consequently derived by social convention, having been declared by a government or regulatory entity to be legal tender; that is, it must be accepted as a form of payment within the boundaries of the country, for "all debts, public and private", in the case of the United States dollar.

The money supply of a country comprises all currency in circulation (banknotes and coins currently issued) and, depending on the definition used, one or more types of bank money (the balances held in checking accounts, savings accounts, and other types of bank accounts). Bank money, whose value exists on the books of financial institutions and can be converted into physical notes or used for cashless payment, forms by far the largest part of broad money in developed countries. (Full article...)

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Bi-metallic coins are made up of a core with an outer ring. (e.g.: 500 yen coin)

Bi-metallic coins are coins consisting of two (bi-) metals or alloys, generally arranged with an outer ring around a contrasting center. The bi-metal form is typically used to protect against counterfeiting.

Common circulating examples include the European €1 and €2, United Kingdom £1 and £2, Canadian $2, South African R5, Egyptian £1, Turkish 1 lira and 50 kurus, Indian ₹10 and ₹20, Israeli ₪10, Indonesian Rp1,000, Polish 2 and 5 zł, Czech 50 Kč, Hungarian 100 and 200 Ft, Hong Kong $10, Argentine $1 and $2, Brazilian R$1, Chilean $100 and $500, Colombian $500 and $1000, Peruvian S/2 and S/5, Albanian 100 Lekë, Philippine ₱20, Singaporean S$1, Thai 10 baht, Costa Rican ₡500 and all Mexican coins of $1 or higher denomination. For a more complete list, see List of bi-metallic coins. (Full article...)

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The ruble (or rouble) (Russian: рубль, romanized: rublʹ, [ˈrublʲ] ^ⓘ; symbol: ₽; ISO code: RUB) is the official currency of the Russian Federation. Banknotes and coins are issued by the Central Bank of Russia, which is Russia's monetary authority independent of all other government bodies.

Each ruble is technically subdivided into 100 kopeyka (kopecks), but kopeck-denominated coins are now rarely used due to inflation. It is the second-oldest currency in continuous use, after British sterling. It was also the first decimal currency. (Full article...)

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Did you know -

... that while executives believed the Golden Rondelle Theater would be a waste of money, it was one of the 1964 World's Fair's most popular attractions?
... that the first volume of a yuri manga was criticized for not having enough yuri?
... that memoirist Guy Trebay recalled that the Tenth Floor, a New York City nightclub, attracted "slick and professional gay men who obviously had money"?
... that Everyone Hates Elon invited members of the public to destroy a Tesla Model S to raise money for food banks?
... that modernist architect Paul Rudolph was said to have run out of money three times while designing the Modulightor Building?
... that memoirist Guy Trebay recalled that the Tenth Floor, a New York City nightclub, attracted "slick and professional gay men who obviously had money"?
... that people are robbing Lebanese banks to get their own money back?
... that a group called the Wrinkled Wheels cycled from Land's End to John o' Groats to raise money for St Helena Hospice?

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General images -

The following are images from various currency-related articles on Wikipedia.

Image 1Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, obverse (from Tibetan tangka)
Image 2A check, used as a means of converting funds in a demand deposit to cash (from Money)
Image 3Euro banknotes and coins (from Money)
Image 4Undated Kelzang tangka (1910), reverse (from Tibetan tangka)
Image 5Tibetan "gaden" Tangka, undated (ca. AD 1840), reverse (from Tibetan tangka)
Image 6Paper money from different countries (from Money)
Image 7Money Base, M1 and M2 in the U.S. from 1981 to 2012 (from Money)
Image 8Undated Kelzang tangka (1910), obverse (from Tibetan tangka)
Image 9A 1914 British gold sovereign (from Money)
Image 10Tibetan undated silver tangka, struck in 1953/54, reverse. (from Tibetan tangka)
Image 11Ancient Jewish coin, engraved menorah, from the Hasmoneon kingdom 37-40 BCE (from Money)
Image 12Sino Tibetan silver tangka, dated 58th year of Qian Long era, obverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)
Image 13Banknotes of different currencies with a face value of 5000 (from Money)
Image 14Song Dynasty Jiaozi, the world's earliest paper money (from Money)
Image 15A 640 BC one-third stater electrum coin from Lydia. According to Herodotus, the Lydians were the first people to introduce the use of gold and silver coins. It is thought by modern scholars that these first stamped coins were minted around 650 to 600 BC. (from Money)
Image 16Punch-marked coins discovered from Chandraketugarh. (from Punch-marked coins)
Image 17Egyptian gold stater of Nectanebo II: reverse with hieroglyphs nfr-nb, minted in Egypt around 360 BC. (from Money)
Image 18Huizi currency, issued in 1160 (from Money)
Image 19Café in Delft accepting Bitcoin (from Money)
Image 20US dollar banknotes (from Money)
Image 21Tibetan kong par tangka, dated 13-45 (= AD 1791), obverse (from Tibetan tangka)
Image 22Silver, ½ Karshapana coin, “Babyal Hoard” type, of the Kuru Janapada (450–315 BC) (from Punch-marked coins)
Image 23Printing paper money at a printing press in Perm (from Money)
Image 24"Babyal Hoard" type, of the Kuru Janapada (350–315 BCE) (from Punch-marked coins)
Image 25President J. K. Paasikivi illustrated in a former Finnish 10 mark banknote from 1980 (from Money)
Image 26Tibetan "gaden" Tangka, undated (ca. AD 1840), obverse (from Tibetan tangka)
Image 27Gold coins are an example of legal tender that are traded for their intrinsic value, rather than their face value. (from Money)
Image 28A hoard of mostly Mauryan punch-marked coins (from Punch-marked coins)
Image 29Tenga of Muhammad Khudayar Khan, struck at the Kokand mint, dated 1862–1863 (from Kokand tenga)
Image 30Tibetan kong par tangka, dated 13-45 (= AD 1791), reverse (from Tibetan tangka)
Image 31Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), obverse (from Tibetan tangka)
Image 32A person counts a bundle of different Swedish banknotes. (from Money)
Image 33Tibetan undated silver tangka (2nd half of 18th century) with eight times the syllable "dza" in vartula script, reverse (from Tibetan tangka)
Image 34Tibetan silver tangka with Ranjana (Lantsa) script, dated 15-28 (= AD 1894), reverse (from Tibetan tangka)
Image 35"Bent bar" of the Gandhara Janapda unearthed with Achaemenid and Greek coins, Gandhara, c.350 BC. (from Punch-marked coins)
Image 36Tibetan undated silver tangka, struck in 1953/54, obverse. (from Tibetan tangka)
Image 37Sino Tibetan silver tangka, dated 58th year of Qian Long era, reverse. Weight 5.57 g. Diameter: 30 mm (from Tibetan tangka)