Swiss Franc Note Takes Top Spot as World's Highest Value Banknote

The Swiss 1,000 franc banknote holds the record for the highest value banknote in the world, surpassing the Singapore dollar note. In 2014, Singapore ceased distribution of its 10,000 Singapore dollar notes due to an increase in electronic payments and efforts to combat money laundering.

The nickname 'ant' originated from a 1976 series featuring three ants on the back of the banknote. Today's design depicts two hands shaking over a golden globe with the signs of the phonetic alphabet, the Swiss Parliament, and a stylized connective network, representing communication.