Watermarks were first used in the late thirteenth century in the handmade papers of Italy. They have long been used to mark important documents, and have appeared on a variety of foreign currency.

Though some older bills don’t have a watermark, for the most part, they are being moved out of rotation. One thing to look ...

While the faces on some foreign currency change as the countries political ... The move also makes extra room for the watermark on the right side.