Rings with a pattern of currency symbols of dollars, euros, pounds and bitcoins. Every ring is a reminder that no matter how much the money you have, all that is of importance does not have a price tag.
DOLLARS
First issued in 1792, it is the currency used most often in international transactions. After World War II, most world currencies were pegged to the dollar, which was in turn pegged to gold. In 1971, the dollar became a fiat currency. Nevertheless, many currencies are still pegged to the dollar, and it is one of the most important reserve currencies in the world.
EUROS
It was introduced in 1999 in hopes of integrating the economies of the European Union. At introduction, it was an accounting currency; banknotes entered circulation in 2002. After the U.S. dollar, the euro is the most traded currency in the world, and it is the second-largest reserve currency. It circulates in the eurozone, which includes a majority of the states in the European Union.
POUNDS
It is the third largest reserve currency in the world. It traces its origins to Anglo-Saxon times and is the oldest currency still in use. It is issued by the Bank of England and the Bank of Scotland. Like most currencies, it was pegged to the U.S. dollar under the Bretton Woods System, but is now a floating currency.
BITCOINS
Publicly-owned, digital form of currency that uses cryptography (information security algorithms) to securely send and receive payments. Bitcoin is a “virtual currency” that is not sanctioned by any government. It is also known as a “cryptocurrency,” because transactions are encrypted with public key cryptography.