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Banknotes are a type of currency issued by central banks and used as a medium of exchange for goods and services. They are typically made of paper or polymer and feature various security features to prevent counterfeiting, such as watermarks, holograms, and special inks. Banknotes come in different denominations and are often adorned with images of historical figures, national landmarks, or cultural symbols to reflect the country's heritage and identity. Additionally, banknotes often contain serial numbers and other unique identifiers to track their circulation and usage. Banknotes are widely accepted and are the most common form of physical currency used in daily transactions around the world.