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Money Fact

Hongbin Jeong tells you a fun money fact that you probably haven't heard of. Discover interesting facts about your money with topics ranging from currencies, banknotes and coins, the history of money and much more. 
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25 Jan, 2023
Money Fact: The Bull and The Bear
Have you ever wondered why we describe the stock market using the animals: the bull and the bear? The most plausible story for it comes from animal fights in California, more specifically the fight between the Grizzly Bear and the Spanish Fighting Bull. Just think about the way they attack! Bulls attack in an upward motion, while bears attack in a downward motion - perfectly describing the way the stock market moves.
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15 Jan, 2023
Money Fact: Collector coins or legal tender?
What if our coins have characters of Pikachu, Luke Skywalker from Star Wars, or even Disney's Cinderella embossed on them? Well that's a reality in the Polynesian island of Niue. The island holds the most appealing currency for all cartoon lovers around the globe, with so many different character-themed coins as its legal tender.
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08 Jan, 2023
Money Fact: Keep the Change
Did you know that airports in the United States collect tens of thousands of dollars worth of loose change from travellers who leave them behind at security screenings every year? In fact, before the COVID-19 pandemic, the total amount of loose change scooped up by TSA officials in 2019 was an impressive $926,030.44.
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11 Dec, 2022
Money Fact: The Santa Claus Rally
Stock markets tend to jump in value during the last week of December and into the first two trading days of the new year. This phenomenon is called the Santa Claus Rally. And it’s happened nearly 80% of the time for the S&P 500 since 1928. Will we see one this year? Or have we been on Santa’s naughty list? 
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04 Dec, 2022
Money Fact: The Most Popular Animal
It's no great surprise to find out that the most popular animal to feature on a banknote is the bird. But the king of them all, the mighty eagle, takes the top seat, featuring on more than 40 different currencies around the world.
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27 Nov, 2022
Money Fact: The 10,000 dollar note
It turns out Singapore has a $10,000 note. While the Monetary Authority of Singapore has stopped printing these notes back in 2014, it’s actually the world’s second most valuable note, right after the American $10,000 note. 
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20 Nov, 2022
Money Fact: The Coin Limit
Did you know there’s a limit to the number of coins you can use in a single transaction? You can only use up to only 20 coins per denomination per transaction in Singapore. So you can only pay someone up to $37, if you’re looking to pay them all in coins. 
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10 Nov, 2022
Money Fact: One of the Largest Crypto Hacks
One of the largest cryptocurrency hacks was back in March 2022, when hackers targeted the network that supports the popular Axie Infinity blockchain gaming platform through an elaborate phishing scheme involving fake LinkedIn job offers. Hackers made off with around $625 million worth of Ether and the USDC stablecoin.
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03 Nov, 2022
Money Fact: The World's Loneliest ATM
There are over three million ATMs around the world. But did you know there is one as far away as Antarctica? Well, there are two! They're considered as the world's loneliest ATMs, located in McMurdo State.
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28 Oct, 2022
Money Fact: The World's Smallest Bank Note
It’s been named as the world’s smallest note by the Guiness Book of World Records. The Romania 10 bani note is the smallest banknote ever issued. It measured 27.5 mm by 38 mm. That's about one tenth the size of a US$1 banknote.
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