An engagement ring is a ring mostly worn by women indicating the person wearing the ring is engaged to be married.

Here are 10 things you should know about engagement rings

1. The engagement ring is typically worn on the fourth finger of the left hand because the Ancient Egyptian people believed that the fourth finger of the left hand contained a vein which led to the heart.

2. The most popular month for engagements is December with 16 percent of engagements taking place during the month of December.

3. The most popular day for engagements is Valentine’s Day with approximately 10 percent of engagements taking place on this day.

4. While many women have an input on their rings with 31 percent of couples shopping together for the ring, 35 percent of couples still prefer to go the traditional way where the bride has no idea what her ring will be.

5. The band of an engagement ring is the circular part of the ring that sits around the finger. The popular choice of band for engagement rings is white Gold followed by Platinum and yellow Gold.

6. When it comes to engagement rings, what matters to the groom is different from what matters to the bride. Grooms tend to care more about the quality of the stone while brides care more about the style.

7. The first recorded use of a diamond engagement ring occurred in 1477, when Archduke Maximilian of Austria gave Mary of Burgundy an engagement ring with hogback diamonds.

8. Diamonds are symbolic for making engagement rings because diamond is the hardest and most durable naturally occurring substance found on Earth, making it the perfect choice to represent enduring, everlasting love and the promise of forever.

9. The wedding ring is worn below the engagement ring because the wedding band should be closer to the heart.

10. Most ladies prefer the rock of their engagement ring to be made of diamond. So before shopping for that diamond engagement ring, you should understand that diamonds are measured by four C’s – Cut (sparkle), Clarity (the number of natural imperfections it has and how visible they are), Colour (how perfectly colourless the diamond is) and Carat (how much it weighs).