How do central banks decide when to introduce new banknote designs or denominations, and what is the process for phasing out old notes?
What materials are used in the production of banknotes, and how do these materials contribute to the durability and security of the currency?
How has the design and security of banknotes evolved over time, and what factors have influenced these changes?
What are the anti-counterfeiting features commonly incorporated into modern banknotes, and how do they work to prevent forgery?
5. **How do cultural and historical elements influence the imagery and symbols featured on a country's banknotes?
4. **What materials are commonly used in the production of banknotes, and how do these materials impact durability and environmental considerations?
3. **In what ways have digital currencies and electronic payments impacted the use and circulation of physical banknotes in recent years?
2. **How do central banks determine the designs, denominations, and issuance of new banknotes, and what factors influence these decisions?
**What are the primary security features incorporated into modern banknotes to prevent counterfeiting, and how have they evolved over time?
5. **In the era of digital payments, what role do banknotes play in the global economy, and how might their use change in the future?