Big Fat Bucks!

Big Notes!

Singapore has the honour of having the most valuable bank note in current circulation. Its $10,000 note is worth about Rs. 4,39,000/-

This note is primarily used for bank-to-bank transactions although it is legal tender. So if you somehow came across one, you could use it to make a purchase, but only in Singapore.

The second highest value note in current circulation is the Swiss Franc 1000, which is worth about Rs. 58,287/-   This note is recognised as tender around the world.

Over the years the United States have been known to create some incredible bank notes, at the moment their biggest bank note is the $100 bill, but that was certainly not the case in the past.

During 1940s and 50s America was known to have a number of high-sum notes in circulation, with a $10,000 floating about until it was discontinued in 1969. Despite an end to its production it still remains legal tender to this day and there are thought to be around 336 $10,000 notes still in existence, most likely in the hands of collectors. It is worth approximately today Rs.5,56,950/-.

One of the world’s most widespread currencies is the controversial Euro. Created in 2002, the Euro is used in 11 different EU nations, and its largest note is the €500, worth about Rs.  35,060/-.

Finally, the largest bank note ever denominated is the Zimbabwe $100 billion note. The note was created during a period of economic meltdown in Zimbabwe. Inflation was at a shocking 231,000,000% and the Z$100 billion was worth virtually nothing. Soon after Zimbabwe’s currency was suspended and foreign currency was used.