Paper Currency

Paper currency refers to physical money made of paper or similar material, used as a medium of exchange for goods and services. Issued and regulated by a country's central bank or government, it represents a legal tender that is recognized for value transactions. Unlike coins, paper money is lightweight, easily portable, and can be printed in various denominations. Its value is backed by the trust in the issuing authority and the country's economy. While it primarily functions as a convenient monetary tool, its design often incorporates security features to prevent counterfeiting.