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Hybrid Paper-polymer Banknote
A hybrid paper-polymer banknote or Composite Substrate is a banknote made from a mixture of paper and polymer substance. Hybrid banknotes are essentially a paper banknote with a polymer patch. A polymer patch/band is applied vertically over the entire height of paper banknote, thus creating a clear window. The height of the polymer window generally measures 74 mm depending on the height of the banknote × 16 mm. Its thickness is 25 microns. Bulgaria was the first country to produce a hybrid paper polymer banknote, in a denomination of 20 Bulgarian Leva in 2005.Manufactures of hybrid banknotes include Giesecke+Devrient's Hybrid and Varifeye, De La Rue's Optiks, Louisenthal's Hybrid, Landqart AG's DuraSafe and Banque de France's EverFit. The countries which use hybrid banknotes include: Gallery File:Tajikistan 500 Somoni observe.jpg, Tajikistan 500 Somoni in G+D's Hybrid File:100 Olympic rubles.jpg, Russia 100 Ruble commemorating 2014 Winter Olympics. File:Seychel ...
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Composite Material
A composite material (also called a composition material or shortened to composite, which is the common name) is a material which is produced from two or more constituent materials. These constituent materials have notably dissimilar chemical or physical properties and are merged to create a material with properties unlike the individual elements. Within the finished structure, the individual elements remain separate and distinct, distinguishing composites from mixtures and solid solutions. Typical engineered composite materials include: *Reinforced concrete and masonry *Composite wood such as plywood *Reinforced plastics, such as fibre-reinforced polymer or fiberglass *Ceramic matrix composites ( composite ceramic and metal matrices) *Metal matrix composites *and other advanced composite materials There are various reasons where new material can be favoured. Typical examples include materials which are less expensive, lighter, stronger or more durable when compared with commo ...
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Moroccan Dirham
The Moroccan dirham ( ar, درهم, translit=dirham, ary, درهم, translit=derhem; ber, ⴷⵔⵀⵎ, translit=drhm; sign: DH; code: MAD) is the official monetary currency of Morocco. It is issued by the Bank Al-Maghrib, the central bank of Morocco. One Moroccan dirham is subdivided into 100 ''santimat'' (singular: santim; ar, سانتيم). History The word '' dirham'' derives from the Greek currency, the ''drachma''. The Idrissid dirham, a silver coin, was minted in Morocco under the Idrisid dynasty from the 8th to 10th centuries. Before the introduction of a modern coinage in 1882, Morocco issued copper coins denominated in ''falus'', silver coins denominated in ''dirham'', and gold coins denominated in ''benduqi''. From 1882, the dirham became a subdivision of the Moroccan rial, with 500 Mazunas = 10 dirham = 1 rial. When most of Morocco became a French protectorate in 1912 it switched to the Moroccan franc. The dirham was reintroduced on 16 October 1960. It replaced ...
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Banknotes Of Scotland
Banknotes of Scotland are the banknotes of the pound sterling that are issued by three Scottish retail banks and in circulation in Scotland. The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. Currently, three retail banks are allowed to print notes for circulation in Scotland: Bank of Scotland, Royal Bank of Scotland, and Clydesdale Bank. Scottish banknotes are unusual, first because they are issued by retail banks, not government central banks, and second, because they are technically not legal tender anywhere in the United Kingdom – not even in Scotland, where in law no banknotes even those issued by the Bank of England are defined as legal tender. Formally, they are classified as promissory notes, and the law requires that the issuing banks hold a sum of Bank of England banknotes or gold ...
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Fijian Dollar
The Fijian dollar (currency sign: FJ$, Dollar sign, $; ISO 4217, currency code: FJD) has been the currency of Fiji since 1969 and was also the currency between 1867 and 1873. It is normally abbreviated with the dollar sign $, or alternatively FJ$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cent (currency), cents. History Decimalisation origins Fiji followed the pattern of South Africa, Australia, and New Zealand in that when it adopted the decimalisation, decimal system, it decided to use the half pound unit as opposed to the pound unit of account. The choice of the name dollar was motivated by the fact that the reduced value of the new unit corresponded more closely to the value of the United States dollar, US dollar than it did to the pound sterling. Second dollar (1969–present) The dollar was reintroduced on 15 January 1969, replacing the Fijian pound at a rate of 1 pound = 2 dollars, or 10 shillings = FJ$1. Despite Fiji having been ...
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Bermudian Dollar
The Bermudian dollar ( symbol: $; code: BMD; also abbreviated BD$; informally called the Bermuda dollar) is the official currency of the British Overseas Territory of Bermuda. It is subdivided into 100  cents. The Bermudian dollar is not normally traded outside Bermuda, and is pegged to the United States dollar at a one-to-one ratio. Both currencies circulate in Bermuda on an equal basis. History For nearly four hundred years Spanish dollars, known as "pieces of eight" were in widespread use on the world's trading routes, including the Caribbean region. However, following the revolutionary wars in Latin America, the source of these silver trade coins dried up. The United Kingdom had adopted a very successful gold standard in 1821, and so the year 1825 was an opportune time to introduce the British sterling coinage into all the British colonies. An imperial Order in Council was passed in that year for the purposes of facilitating this aim by making sterling coinage ...
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Lesotho Loti
The Loti (plural: Maloti) is the currency of the Kingdom of Lesotho. It is subdivided into 100 ''lisente'' (sg. ''sente''). It is pegged to the South African rand on a 1:1 basis through the Common Monetary Area, and both are accepted as legal tender within Lesotho. The loti was first issued in 1966, albeit as a non-circulating currency. In 1980, Lesotho issued its first coins denominated in both loti and lisente (dated 1979) to replace the South African rand, but the rand remains legal tender. The name derives from the Sesotho ''loti'', "mountain," while ''sente'' is from English " cent". In 1985, the ISO 4217 code was changed from into . Coins In 1980, coins dated 1979 were introduced in denominations of 1 sente, 2, 5, 10, 25 and 50 lisente and 1 loti. In 1996, 2 and 5 maloti coins were introduced, followed by 20 lisente in 1998. Coins in circulation are: * 5 lisente * 10 lisente * 20 lisente * 50 lisente * 1 loti * 2 maloti * 5 maloti Banknotes In January 1980, banknotes ...
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Seychellois Rupee
The rupee is the currency of the Seychelles. It is subdivided into 100 ''cents''. In the local Seychellois Creole (Seselwa) language, it is called the ''roupi'' and roupie in French. The ISO code is SCR. The abbreviation SR is sometimes used for distinction. By population, Seychelles is the smallest country to have an independent monetary policy. Several other currencies are also called rupee. Banknotes British colony The British Legislative Council authorized the establishment of a Board of Commissioners of Currency through the Paper Currency Ordinance of 1914, which was enacted by C. R. M. O’Brien, the Governor of the Colony of the Seychelles on 10 August 1914. In 1914, the government produced emergency issues of notes for 50c, Re. 1/-, Rs. 5/- and Rs. 10/-. Standard issue notes began to be issued in 1918, with notes for 50c and Re. 1/-, followed by Rs. 5/-, Rs. 10/- and Rs. 50/- in 1928. The 50c and Re. 1/- notes were issued ...
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South African Rand
The South African rand, or simply the rand, ( sign: R; code: ZAR) is the official currency of the Southern African Common Monetary Area: South Africa, Namibia (alongside the Namibian dollar), Lesotho (alongside the Lesotho loti) and Eswatini (alongside the Swazi lilangeni). It is subdivided into 100 cents (sign: "c"). The South African rand is legal tender in the Common Monetary Area member states of Namibia, Lesotho and Eswatini, with these three countries also having their own national currency (the dollar, the loti and the lilangeni respectively) pegged with the rand at parity and still widely accepted as substitutes. The rand was also legal tender in Botswana until 1976, when the pula replaced the rand at par. Etymology The rand takes its name from the Witwatersrand ("white waters' ridge" in English, ''rand'' being the Dutch and Afrikaans word for 'ridge'), the ridge upon which Johannesburg is built and where most of South Africa's gold deposits were found. In Eng ...
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Tongan Paʻanga
The paanga is the currency of Tonga. It is controlled by the National Reserve Bank of Tonga (''Pangikē Pule Fakafonua o Tonga'') in Nukualofa. The paanga is not convertible and is pegged to a basket of currencies comprising the Australian, New Zealand, and United States dollars and the Japanese yen. The paanga is subdivided into 100 ''seniti.'' The ISO code is TOP, and the usual abbreviation is T$ (¢ for seniti). In Tonga, the paanga is often referred to in English as the dollar, the seniti as the cent and the hau as the union. There is also the unit of hau (1 hau = 100 paanga), but this is not used in everyday life and can be found only on commemorative coins of higher denominations. Etymology ''Paanga'' is the Tongan name for ''Entada phaseoloides'', also called the box bean or St. Thomas's bean, a bean-like vine producing large pods with large reddish-brown seeds. The seeds are roundish, up to 5 cm diameter and 1 or 2 cm thick. When strung together they are used ...
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Swazi Lilangeni
The lilangeni (plural: emalangeni, ISO 4217 code: ''SZL'') is the currency of Eswatini and is subdivided into 100 cents. It is issued by the Central Bank of Eswatini (in swazi ''Umntsholi Wemaswati'') and is authorised by the king and his family. The South African rand is also accepted in Eswatini. Similar to the Lesotho loti, there are singular and plural ''abbreviations'', namely L and E, so where one might have an amount L1, it would be E2, E3, or E4. History It was introduced in 1974 at par with the South African rand through the Common Monetary Area, to which it remains tied at a one-to-one exchange rate. The currency's name derives from ''emaLangeni'', a term used to describe the ancestors of the Swazi people who migrated to Swaziland in the 18th–19th centuries.http://www.sahistory.org.za/sites/default/files/file%20uploads%20/d._hugh_gillis_the_kingdom_of_swaziland_studiesbook4you.pdf Coins The currency's name derives from ''emaLangeni'' ("people from the Sun"), a te ...
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Jamaican Dollar
The Jamaican dollar (sign: $; code: JMD) has been the currency of Jamaica since 1969. It is often abbreviated to J$, the J serving to distinguish it from other dollar-denominated currencies. It is divided into 100 cents, although cent denominations are no longer in use as of 2018. Goods and services may still be priced in cents, but cash transactions are now rounded to the nearest dollar. Exchange rate History The history of currency in Jamaica should not be considered in isolation of the wider picture in the British West Indies as a whole. See British West Indies dollar. The peculiar feature about Jamaica was the fact that it was the only British West Indies territory to use special issues of the sterling coinage, apart from the four-pence groat coin which was specially issued for all the British West Indies, and later only for British Guiana. The earliest money in Jamaica was Spanish copper coins called ''maravedíes''. This relates to the fact that for nearly four h ...
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