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Global Currencies

Ever wonder how paper money came into existence? You’ve got the Chinese to thank for that! They invented paper money in the 11th century during the reign of the Song Dynasty. The banknotes were called "Flying Money" because they were lightweight, and thus, susceptible to winds carrying them away. The earliest known form of money—a cast copper coin—was also invented in China. The Chinese were certainly pioneers when it came to money. Let's explore some other interesting facets of global currencies.