Image for Banknotes

Banknotes

Banknotes are paper or polymer currencies issued by a country's central bank as a medium of exchange. They represent a promise to pay the bearer a specific amount of money and are widely accepted for goods and services. Banknotes come in various denominations, each featuring unique designs, symbols, or portraits that reflect national heritage. Unlike coins, which are made from metal, banknotes are designed to be lightweight and durable. Their value is backed by the government, ensuring trust in their use; however, their actual value is largely based on public confidence and economic stability.