Interesting facts about the dollar: what many people don’t know

02.09.2024 03:20
Updated: 27.09.2024 16:21

The dollar is the most popular world currency. It is valued not only in the US, but also in other countries.

What is known about the dollar

Dollars are not made of paper. Flax and cotton are used for their production. To make the money look like paper, special treatment is carried out. And at the end of the 18th century, banknotes were allowed to be darned with a thread and a needle.

Many people have a problem with ATMs not accepting money. Americans use one life hack for this: they heat up a banknote in a microwave. After that, the ATM accepts dollars.

Cotton, linen, and ink are used to produce banknotes, which costs money. At the same time, 100 dollars costs only a little more than 1 dollar.

Banks in the US give the defective money to farms, where it is used as organic fertilizer.

Dollar
Photo: © Belnovosti

The dollar is considered a currency in the USA. But its official status is given in Ecuador, Panama, Zimbabwe.

The dollar is considered the world's reserve currency. A huge part of the gold and foreign exchange reserves of states are in it. At the same time, some experts believe that the future of this currency is not bright. Time will tell how it will be in reality.

Igor Zur Author: Igor Zur Internet resource editor