7 Interesting Financial Facts You Should Know

There are so many intriguing tidbits about money that we don’t know such as what’s the weight of a million dollars or when did German currency have no value or how much did the most expensive building on the world cost.

1- How much does $1,000,000 weigh?

A stack of ten thousand 100 dollar bills weighed 10 kg. The weight of $1,000,000 in cents is 246 tons.

2- German currency lost its value

In 1923 German bills had no value due to the huge inflation. It got so bad that people used the paper bills as wallpaper and as children’s toys.

3- The Most expensive building in the world
 

The International Space Station (ISS) was built in 1998 by an international coalition under the leadership of Russia and the United States of America with additional funding from Canada, Japan, and 10 European countries. The construction budget was a whopping $150 billion with contribution from N.A.S.A ($72.4 billion), Russia ($12 billion), European countries ($5 billion), Japan ($5 billion), and Canada ($2 billion).

Read more on the history of the paper bill here

Mac sells more than 75 burgers per second

4- How much profit does McDonald’s make in one day?

McDonald’s sells more than 75 burgers each second and makes around $75 million per day. McDonald’s is the 2^nd largest private employer in the world with the number of its employees reaching 1.7 million. 

5- Monopoly

The international version of our “Bank El Haz” in Egypt has its own fake currency that costs actual money to print. The U.S.A prints around 974 million dollars in paper bills each year while monopoly prints 30 billion dollars of its own currency.

6- Deadly paper bills

If someone asks you which is cleaner, a toilet seat or a paper bill how would you answer? Most people would probably say the paper bill is cleaner and they would be oh so wrong! Up to 90% of U.S.A paper bills have traces of cocaine on them. Did you know that the flu virus on paper bills for up to 2 weeks? Just one more compelling reason to wash our hands regularly.

7- The edges on coin

s are not just there for decorative purposes but have a bigger purpose which is to prevent counterfeiting.

Let’s talk money: Make a profit from rare coins and defective bills