29
/es/
es
AIzaSyAYiBZKx7MnpbEhh9jyipgxe19OcubqV5w
April 1, 2024
Crear
Public Timelines
Biblioteca
FAQ
For education
Cabinet
For educational institutions
For teachers
For students/pupils
Descargar
Export
Crear una copia
Insertar en el Sitio Web
editar
Vistas 229
0
0
History of Money
Creado
Liam
⟶ Actualizado 23 oct 2018 ⟶
List of edits
Comentarios
Eventos
First Type of Currency: Made of gold and silver
Gold is kept in temples
Pre gold and silver, Cowries (used in Africa) and Wampum (used in America)
First loans made by temple priest
First coins made from Electrum (55% Gold and 45% Silver)
Coins made of pure gold and silver
Coinage is common throughout the Persian empire
First Roman bronze coins
Chinese coins made by molten bronze mounds
First emperor of China creates more rational, round coin
Greek introduces first depositing of money
In Rome debt can officially be discharged by paying the appropriate sum into a bank.
The stable currency of the Byzantine empire is a gold coin, the solidus
Frankish king Pepin III introduces a silver denarius, or penny, which becomes the standard medieval coin in western Europe.
New monetary scale of 1:12:20 (penny:shilling:pound) which prevails in much of Europe
Shillings and pounds later become European coins in their own right.