#精品长文创作季#
In the international arena, economic strength is particularly important, and when the economic strength is improved, the country will have enough money to develop other industries and improve its comprehensive national strength.
This can also be seen from some recent international conflicts, although Russia is very strong militarily, it is often stuck in economic problems.
The Middle East, despite its weak military strength, is still able to compete with its rivals with its economic strength.
Therefore, economic development is a particularly important thing, and economic development is indispensable to the circulation of currency.
Different countries have different currencies, and in order to facilitate currency circulation and value calculation, each country's currency has different denominations.
While these denominations provide convenience to people, they also reflect the economic strength and GDP of each country from a certain perspective.
From the perspective of currency face value, the maximum face value of RMB is 100, while Japan, a developed country that seems to have strong national strength, can reach a maximum face value of 10,000.
Is this because the bigger the denomination, the more valuable it is, and why does the maximum denomination of the yen reach 10,000?
1. 100 RMB
Currency can help the economy to circulate, and it can also communicate business transactions between countries and help countries develop their economies.
Different countries have different currencies, and the denominations on different currencies are also different.
In terms of the maximum face value, the maximum face value of the mainland renminbi is 100, and the same is the US dollar.
The maximum denomination of the euro is 500, the maximum denomination of Russia is 5000, and the Korean won has one more zero than the Russian one.
As for the country with the largest currency value in the world, Zimbabwe has a face value of 10 billion yuan on a currency, and just zero may be a difficult problem in their country.
As can be seen from these maximum denominations, it is not that the greater the denomination of a currency, the more valuable the currency becomes.
Conversely, if the denomination of the currency is larger, it proves that the value of the goods in the country is higher.
Rising prices can bring about economic problems such as inflation, which can indicate that the country's economy is not doing very well, or that it is experiencing some economic problems.
Printing a large amount of value on a banknote is actually a sign that the note is not worth much.
However, the lower the currency, the better, because if you use a small currency to trade, it is easy to cause trouble in currency trading and operation.
The mainland's choice of renminbi with a maximum face value of 100 yuan was decided based on historical and economic considerations.
However, due to the rapid development of the mainland's economy, people will find that the money is becoming less and less valuable when they use the renminbi in their daily lives.
Because of the skyrocketing prices, I am afraid that it will cost several hundred-yuan bills to go to a restaurant for a meal.
The maximum denomination of 100 yuan seems to be insufficient, and some people consider that the 100 yuan banknote has been used for many years, but in fact, the maximum denomination can be reformed.
Why doesn't the mainland issue renminbi with a maximum face value of 500 or 1,000?
In fact, the mainland has also issued renminbi with a maximum face value of 50,000 yuan, but in the process of circulation, it was found that this denomination was too large and was not suitable for commodity circulation.
You must know that at that time, the mainland was in the early days of the founding of the People's Republic of China, and it was normal to not be able to do everything, and when it was discovered that there was a problem with this denomination, the mainland quickly canceled it, so it did not cause chaos in the market.
Later, the largest denomination issued by the mainland was 10 yuan.
With the continuous development of the economy, prices are also rising, and 10 yuan is no longer suitable for circulation, so the fourth set of renminbi in the mainland has issued a maximum denomination of 100 yuan.
Now that the mainland's economy is soaring again, why is the face value of the renminbi on the mainland no longer rising?
This is because the current 100 yuan banknote can still meet the transaction needs of the Chinese people, especially under the popularization of the Internet, there are very few people who use cash.
People are accustomed to using their mobile phones to pay for numbers without using cash, so changing the face value of cash is a redundant move.
Moreover, changing the face value at will not only consume resources, but also bring a series of economic effects, the most common being higher inflation.
You must know that if we raise the face value of the currency, it will cause the currency to depreciate, which is easy to cause high inflation.
At present, the entire international economic situation is unstable, and inflation rates remain high in all countries.
Fortunately, in this situation, the mainland can still maintain a normal and stable inflation rate.
If the inflation rate is not stable, it will bring about an increase in labor costs, an increase in prices, and a decline in people's savings.
This is not good for the people's lives, and more importantly, the currency of the mainland has been accepted by more and more countries.
Many countries use the renminbi for trade settlements, and some buy mainland government bonds.
Even in an unstable environment, some countries want to establish an economic and monetary settlement method based on the renminbi.
In this case, today's 100 yuan bills are more conducive to international transactions.
If a larger denomination of renminbi is really issued, it will not only affect the international community, but also affect the people of the country.
If people use large denominations for transactions, change will become a very complicated matter.
When people unfortunately receive counterfeit banknotes with large denominations or lose large denominations, it is a great damage to people's property.
Therefore, people still feel that the 100 yuan banknote is convenient to circulate, and most people are used to online payment, and the size of the banknote is not a concern for people.
Although people don't pay much attention to the size of the denomination on the banknote, they do pay attention to the direction of prices.
There is a certain relationship between the face value of the currency and the trend of prices, and Japan, as a neighbor of the mainland, has a strong economic development.
As a small island nation, Japan's ability to become the world's third-largest economy is a testament to its economic strength.
Japan is a developed country, which also shows that its economy is good.
So why did the maximum face value of the yen reach 10,000?
2. 10,000 yen
Like China, Japan is used to using large denominations, so even if they can lower the denomination, they are not willing to do so.
The reason why Japan gave out a large denomination of 10,000 yuan is mainly because they were affected by World War II.
More than 100 years ago, the maximum face value of the yen was only 120.
With the outbreak of World War II, Japan absorbed a large amount of financial resources, and Japan was still a defeated country, which led to a serious depreciation of the yen.
In order to alleviate the economic tension, Japan adopted the method of printing money in large quantities, which caused Japan to experience very severe inflation.
Items that were originally 100 yen need to be sold for 10,000 yen.
If you want to buy this item, you have to buy 100 tickets for 100 yen.
In order to solve this phenomenon, Japan began to print banknotes with large denominations.
Although Japan and the United States are allies today, they were rivals in battle during World War II.
After the end of the war, the dollar established itself as the world's hegemon.
If countries want to make the economy circulate, they need to use the dollar as an intermediary to calculate the value of the currency.
In the United States, the ratio of the dollar to the yen at that time was 1:360, that is, 1 dollar was equal to 360 yen.
This shows that the yen was not worth much at that time, and at the most difficult stage, the minimum value of the yen was 50 yen and could not buy anything, so it was eliminated.
Just like the mainland with economic development, the once penny or two pennies have also been eliminated.
Since 1958, when Japan began issuing 10,000 yen, the maximum face value of the yen is still 10,000 yen.
However, the Japanese economy has recovered, and the yen is gradually appreciating.
Japan does not issue new currencies mainly because the costs are too high and people have become accustomed to circulating currencies with large denominations.
If you go to Japan for lunch, you can see that most of the prices at street food shops are set at around 1,000 yen.
If you really want to issue a currency with a small denomination, the market will usher in a big change.
Not only that, but people's lives will also usher in a big change, and you must know that the annual income of Japanese people is currently a few million yen to tens of millions of yen.
In Japan, where the cost of living is more than 100,000 yen a month, if the face value of the currency is hastily reduced, the living gap will be extremely unbalanced.
It can be seen that the size of the face value of the currency does not fully represent the strength or weakness of the country's economy.
The formulation of a currency is decided by a country based on factors such as national conditions, economic development, and market value.
Such a currency is most suitable for the stable development of the country's economy, and can also allow normal exchanges between the country and the world, so that the currency can circulate normally.
Although the yen has appreciated, the exchange rate ratio between the yen and the dollar is still 1:154.3 according to the exchange rate.
With the US dollar as an intermediary, which country's currency in the world is the most valuable?
3. The most valuable currency
Many people take it for granted that the United States has the strongest comprehensive national strength, so the dollar should be the most valuable.
Actually, no, the number one currency value is the Kuwaiti dinar, and the exchange rate of the two is 1:3.244 today.
Many people have not heard of this currency, which is actually the currency of the State of Kuwait.
Kuwait is a country in the Middle East, and its high currency value depends on their country's rich oil and gas resources.
Moreover, this country belongs to the Gulf countries, and their goods are extremely widely circulated.
With abundant resources and the ability to circulate in large quantities, it has established that Kotway has a stable international market, and they can naturally have a stable economic influence.
Crtway exports huge quantities of oil to the world, so that everyone in the region can live and work in peace.
They enjoy free health care and education, as well as free housing.
Even with water, electricity and having children, the state has benefits and subsidies.
epilogue
The example of Crtway is a clear indication that where there are resources, there is economic strength, and where there is economic strength, there is international status.
Therefore, if the mainland wants to develop its economy, it also needs to make rational use of resources and protect them.
Of course, some resources will eventually be used up, so we need to open up more competitive tracks.
Just like Crtway, it also invests its economy in other industries every year to achieve sustainable development.
How do you think the mainland should better develop its economy?