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Banknote

A banknote (often known as a bill, paper money, or simply a note) is a type of negotiable promissory note, made by a bank, payable to the bearer on demand. Banknotes were originally issued by commercial banks, who were legally required to redeem the notes for legal tender (usually gold or silver coin) when presented to the chief cashier of the originating bank. These commercial banknotes only traded at face value in the market served by the issuing bank. Commercial banknotes have primarily been replaced by national banknotes issued by central banks. National banknotes are generally legal tender, meaning that medium of payment is allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Historically, banks sought to ensure that they could always pay customers in coins when they presented banknotes for payment. This practice of "backing" notes with something of substance is the basis for the history of central banks backing their currencies in gold or silver. Today, most national currencies have no backing in precious metals or commodities and have value only by fiat. With the exception of non-circulating high-value or precious metal issues, coins are used for lower valued monetary units, while banknotes are used for higher values. The idea of using a durable lightweight substance as evidence of a promise to pay a bearer on demand originated in China during the Han Dynasty in 118 BC, and was made of leather.
Old money - In modern monetary policy, a devaluation is an official lowering of the value of a country's cu
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Old money

Added 2 months ago by Jeżyna

50

U.S. Dollar - colorful jigsaw puzzle
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U.S. Dollar

Added year ago by andi

32

może będą takie banknoty - w przyszłym roku może w następnym
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może będą takie banknoty

Added over a year ago by Halinka

26

Bill $ 25 - Irreal Bills $ 25 puzzle
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Bill $ 25

Added over a year ago by Cancer

9

Banknot z czasów PRL - Maria Curie - Skłodowska na banknocie z czasów PRL
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Banknot z czasów PRL

Added over a year ago by 123456789

147

50 złotych - Jak ułożysz mój obrazek zobaczysz banknot 50 złotowy
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50 złotych

Added over a year ago by KRZYŚ P

185

20 złotych - Jak ułożysz moje puzzle zobaczysz banknot 20 złotowy
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20 złotych

Added over a year ago by Krzyś P

157

10 złotych - Gdy ułożysz mój obrazek zobaczysz 10 zł
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10 złotych

Added over a year ago by Krzyś P

160

banknot 10 zł - Spróbuj ułożyć banknot 10 zł.
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banknot 10 zł

Added over a year ago by Malgoska

233

banknot 20 zł - Spróbuj ułożyć banknot 20 zł.
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banknot 20 zł

Added over a year ago by Malgoska

273

banknot 50 zł - Spróbuj ułożyć banknot 50 zł.
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banknot 50 zł

Added over a year ago by Malgoska

228

banknot 100 zł - Spróbuj ułożyć banknot 100 zł.
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banknot 100 zł

Added over a year ago by Malgoska

268

banknot 200 zł - Spróbuj ułożyć banknot 200 zł.
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banknot 200 zł

Added over a year ago by Malgoska

294

Dawid Kwiat - Dawid Kwiatkowski - mój idol
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Dawid Kwiat

Added over a year ago by Ajeczka

90