OK, second attempt...This is actually 48" of paracord. Folded in half, then folded in thirds, then held with two knots.Undo the inner-most knot to get the wrist loop and the other knot to get the full length.And I think the red just looks better!
I use a cobra weave for lanyards, and stick a safety pin and paperclip inside to weave part.
For anyone still interested in this, my 3rd (and final?) attempt...36" of 95 paracord, folded in half, then half again. Three knots to hold it together. So just like my first attempt, but 4" longer and in red.The 48" length folded in half, then thirds, with having to loop multiple strands through the key ring to hold it was just too fiddly. And all those strands made the knots bigger than I liked.The big addition this time is that I used a Sharpie to mark 1" intervals for the first foot, then 6" intervals for the rest. So now I have a yardstick on my knife. I wouldn't want to do a construction project with it, but the next time my wife and I are out at some home decorating store and she wants to know how big something is, I'm set!
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They look really nice, thank you for posting them. A little longer than what I'm wanting though.