Banknotes of South America

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South America is a continent that lies completely in the Western Hemisphere and mainly in the Southern Hemisphere. South America borders the Pacific ocean, Atlantic ocean, North America, and the Caribbean Sea. The total area of South America is 6,890,000 square miles. The population in this continent was more than 423 million people. It is ranked the fourth-largest continent and fifth in population. South America is the homeland of many dense rainforests, high mountains, and many rivers. For example, the Amazon- the largest ecosystem in the world. There are 12 independent sovereign states, 2 British territories, and 1 French territory.

The economy of South America was concentrated mostly on agriculture, exploit mines, and industrial. The average number from exporting manufactured and natural resources in this continent was lower than the world number. Even though, with the abundant resources, some of its sovereign states still suffered a high standard of unemployment, low GDP, and economic crisis.

There are 13 countries in South America that are using their own currencies. Except for Ecuador which is using the US dollar, and French Guiana with the Euro. In fact, the Brazilian Real is one of the strongest currencies in South America and the world, for instance, it was the most used currency for trading in the 20th century. Along with the Chilean Peso.

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