Australia’s currency is one of the most
advanced banknotes in the world. You can do almost
anything with it. You can see through it. It can even withstand hot tea. And it dries pretty quickly. You can even surf with it. But maybe the best part? You can also use
it to buy things. The nation’s cash is completely
waterproof, hard to counterfeit and ultimately cleaner since it’s
resistant to moisture or dirt. Australia’s banknotes are made of
polymer, which feels a bit waxy. While U.S. banknotes, on the other hand,
are made from cotton fiber paper. Polymer banknotes tend to last two to
three times longer than paper notes, which can reduce
replacement costs. And when you think that, for
example, the U.S. ten dollar bill is replaced every four and a half years,
well that can amount to a lot of cash. Australia continues to
advance its banknotes too. Take a look at Australia’s
new $5 banknote. As you tilt the banknote, you’ll see a rolling
color effect, and if you move it the proper way, you’ll even see this bird move
its wings and change colors. In 2015, the Reserve Bank of Australia
said it would add a tactile feature to help the visually impaired
know the value of each note. Australia was the first to introduce
polymer banknotes, and now it’s been adopted completely by other
countries like Canada and Vietnam. While the United Kingdom introduced
polymer into its circulation in 2016. But as some countries push for a future
cashless society in years to come, will other countries even bother
advancing their own banknotes?