What is the highest value bank note in the world?

100,000-peso note
Measuring in at roughly the size of a sheet of legal paper, the world’s largest single banknote is the 100,000-peso note created by the government of the Philippines in 1998.

Is there a 100 pound sterling note?

The £100 note is currently the largest denomination of banknote issued by The Royal Bank of Scotland. The current Ilay series of banknotes was first issued in 1987.

What is the highest monetary bill?

$100 bill
The Answer: The highest current denomination is the $100 bill. The highest bill ever printed, however, was a $100,000 note that was printed from December 18, 1934 to January 9, 1935. It was used for transactions between Federal Reserve Banks.

Can a shop refuse a 50 pound note?

Yes, because in a shop you have not entered into a debt situation. In England and Wales*, £50 notes are legal tender, but legal tender has a narrow and specific definition. Legal tender must be accepted when debt has been incurred and the person who owes the debt offers payment in legal tender.

What country has the oldest money?

The British pound is the world’s oldest currency still in use at around 1,200 years old. Dating back to Anglo-Saxon times, the pound has gone through many changes before evolving into the currency we recognise today.

What is the highest value banknote in the world?

The Brunei $10000 banknote and the Singapore $10000 banknote (which Anton Shulke mentioned) are the highest valued banknote in circulation. Both of their values are equal to 7113.34 USD.

What is the most expensive Australian banknote ever sold?

The first ever modern banknote of Australia is one of the world’s most expensive banknotes. This is by far the most expensive Australian banknote ever sold at an auction. The £1,000 bill came out in 1924 and it was in circulation for only a short time before the government restricted it to the internal transfer of money between banks.

Are old banknotes worth anything?

However, banknotes are worth millions of dollars in the world of collecting. Yes, the bills are worth far more than the numbers printed on them depending on their age and rarity. Here we take a look at the top 10 most expensive banknotes in the world.

What is the nation’s highest-denomination note?

This leaves the $100 Federal Reserve note as the nation’s highest-denomination circulating banknote.