Notaphily is the study of paper money or banknotes. A notaphilist is a collector of banknotes, paper money, paper currency or plastic notes.

I have always wondered how this world would function without currency. It’s quite unimaginable to follow barter system in the 21st century.

For several centuries, coins were used to pay for the variety of items, they were an important part of the exchange process. It is believed that paper currency was first developed in the 7th century in China.

Notaphily is not as popular as Philately & coin collection but in recent times many people have been showing interest in collecting currency notes.