Editing Currency (section)

===Banknote era===
{{main|Banknote|Fiat currency}}
A [[banknote]] or a bill is a type of currency and it is commonly used as legal tender in many jurisdictions. Together with [[coin]]s, banknotes make up the [[cash]] form of a currency. Banknotes were initially mostly paper, but Australia's [[Commonwealth Scientific and Industrial Research Organisation]] developed a [[Polymer banknote|polymer currency]] in the 1980s; it went into circulation on the nation's bicentenary in 1988.<ref>{{Cite web|url=https://banknotes.rba.gov.au/australias-banknotes/history/|title=History of Banknotes|website=Reserve Bank of Australia|access-date=2019-12-09}}</ref> Polymer banknotes [[Manx pound|had already been introduced]] in the [[Isle of Man]] in 1983. {{As of|2016|post=,}} [[polymer currency]] is used in over 20 countries (over 40 if counting commemorative issues),<ref>{{Cite web|url=https://www.imf.org/external/pubs/ft/fandd/2016/06/currency.htm|title=The Future Is Plastic – Currency Notes  |work=Finance & Development |date=June 2016 |first1=Ping |last1=Wang |publisher=International Monetary Fund|access-date=2019-12-08}}</ref> and dramatically increases the life span of banknotes and reduces counterfeiting.