Currency bill tracking

USD 1 banknote (Dollar bill)

Currency bill tracking is the process (usually facilitated by any one of a number of websites set up for the purpose) of tracking the movements of banknotes, similar to how ornithologists track migrations of birds by ringing them. Currency bill tracking sites can track currency among the users of that website. A user may register a bill by entering its serial number, and if someone else has already registered the bill, then the "route" of the bill can be displayed.

Some bill tracking sites encourage marking before spending, whereas others do not. This usually depends on the laws of the country issuing the currency.

The most popular currencies for currencies tracking are the Euro, the United States Dollar (USD), and the Canadian Dollar (CND).

Contents

Background

Originally beginning in the United States in the mid-1990's, the phenomenon or hobby of currency tracking quickly spread first to Canada and then beyond. Especially with the Euro bill tracking, trackers have taken on a much more competetive nature and have form communities within their respective sites. Many successful sites incorperate some sort of social media, either through site specific unique techniques, or through outside popular social media sites. In the Eurozone because multiple countries having adopted the Euro, this easily leads to competetion between trackers in different countries; in the United States cometetion plays out at the state or county level; and in Canada, at the provincial level.

Polymer banknotes have been in general use in Australia since 1992.

Canada, once a thriving bill tracking country, has been hit hard by the introduction of cotton bills and later polymer bills, making currency tracking through marking bills nearly impossible. This trend is causing growing concern throughout currency tracking sites around the world, already having desimated New Zealand and Vietnam. In Australia, the country with the longest exposure to polymer, attempts were made in 2006 to form The Money Tracker which tracks Australian Dollars without marking of any kind. If successful, it could be huge breakthrough to the polymer problem, meaning adjustment could be made to existing tracking sites to allow the tracking of polymer banknotes. If a breakthrough is not made, it could mean the collapse of currency tracking as a result of the polymer problem.

Marking bills in Canada with ink or rubber stamp is legal. In the United States, marking is illegal; however, this is rarely enforced and only a fine is faced, if convicted. Marking is widespread in both countries. In the Eurozone marking is not universal, and varies by region.

Popular currency bill tracking websites

Some of the most popular websites for bill tracking include the following:

United States and Canada

  • Where's George?, started in December 1998, was the first site to start a currency bill tracking project and remains the most popular of the sites, with nearly $1 billion worth of notes entered as of December 2010. It was created by Hank Eskin to track US$. The site has led to the creation of many other bill tracking sites.[1]
  • Where's Willy? for CAD (Canada). Despite the website starting up two years after Canadian Money Tracker, it is the most popular of the Canadian currency tracking sites.[2]
  • Where Have I Been? for CAD and US$[3]
  • TrackDollar for US$[4]

Europe

Euro

  • EuroTracer, the second-largest euro-tracking site, also studies the systems of serial numbers and printer codes of euro banknotes and the distribution of euro coins with their different national faces.[citation needed]

Other

  • In 1999, Market research company Cint hosted a now defunct tracking service for 20 SEK notes, named after Selma Lagerlöf, whose portrait appears on the obverse.[6]

Elsewhere

  • Where's Renminbi tracks Chinese Renminbi (or Yuan) in China[citation needed]
  • Currency Path – Track all international currency notes[11]

India

  • Where's Gandhi for [Indian Rupees | INR/Rs. ₹], New currency tracking project started for Indian Rupee. Currently in Alpha Phase.[12]

In popular culture

The act of tracking a $20 bill was the binding theme between various stories in the film Twenty Bucks.

A similar scheme to currency bill tracking – and said to be inspired by it – is BookCrossing, which tracks the movement of secondhand books which are marked and then "released into the wild".

See also

References

External links


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • United States two-dollar bill — Two dollars (United States) Value: $2 …   Wikipedia

  • Comparison of time tracking software — This is a comparison of notable time tracking software packages and web hosted services. Name Platform Features Integration Data storage Licensing 1DayLater Web based Online time tracking and invoicing tool. Includes expense tracking, mileage… …   Wikipedia

  • Where's George? — Infobox Website name = Where s George? caption = A screen shot taken from version 2.0 of the Where s George? website url = http://www.wheresgeorge.com/ commercial = type = Money circulation tracker language = English registration = Optional owner …   Wikipedia

  • Where's Willy? — Infobox Website name = Where s Willy? url = http://www.whereswilly.com/ commercial = location = type = Money circulation tracker language=English/French registration = Optional owner = author = Hank Eskin launch date = February 2001 current… …   Wikipedia

  • Indian rupee — Infobox Currency currency name in local = रुपया hi icon image 1 = image title 1 = 1000 rupee note image 2 = Coins of india.jpg image title 2 = Coins of various denominations iso code = INR using countries = flag|India inflation rate = 12.14 %… …   Wikipedia

  • EuroBillTracker — (EBT) is a website designed for tracking euro banknotes. It was inspired by the U.S. currency tracking website Where s George?. [ Euro Bill Tracker Reaches 50,000 Registered Bills In 15 Weeks Time , [http://www.eurobilltracker.com/press/press… …   Wikipedia

  • The Money Tracker — Polymer banknotes, in general use in Australia since 1992. The Money Tracker or www.moneytracker.com.au is a Currency bill tracking site that tracks Australian banknotes as they circulate around Australia. It allows users to enter the serial… …   Wikipedia

  • Twenty Bucks — Infobox Film name = Twenty Bucks imdb rating = imdb id = 0108410 director = Keva Rosenfeld writer = Leslie Bohem Endre Bohem starring = Linda Hunt, Brendan Fraser, Gladys Knight, Elisabeth Shue, Steve Buscemi, Christopher Lloyd, William H. Macy,… …   Wikipedia

  • TrackGandhi — Infobox Website name = Trackgandhi url = http://www.trackgandhi.com/ commercial = no location = type = Money circulation tracker language = English registration = Optional owner = author = launch date = January 2007 current status = Active… …   Wikipedia

  • DoshTracker — Contents 1 History 2 Controversy 3 Current status 4 Press Coverage 5 References …   Wikipedia

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