Standardized currency refers to money that is uniform in form and value, recognized as a widely accepted medium of exchange with consistent denominations and features that ensure uniformity across units. Key truths about standardized currency:

• Uniformity: Each unit (bill or coin) of a given denomination is designed to be indistinguishable in value and generally in size, making exchanges straightforward. This consistency reduces confusion and improves transactional efficiency.
• Fungibility: One unit of currency is interchangeable with another unit of the same value, so different notes or coins of the same denomination are treated as equal in value.
• Legal tender and acceptability: Standardized currency is typically backed by a sovereign authority and is legally accepted for settling debts, fostering broad acceptance in the economy.
• Durability and portability: Standardized currency is designed to withstand ordinary use and be easily transported for transactions.
• Divisibility: Denominations allow making exact payments by breaking down larger units into smaller ones.

A statement that is not true about standardized currency would be any claim that contradicts these core features, such as asserting that standardized currency varies arbitrarily in value between units of the same denomination, or that it lacks widespread acceptability, or that its denominations cannot be reliably distinguished or exchanged. If you share the specific list of statements you’re evaluating, I can identify which one is incorrect with precise justification.