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They used Shillings
Wagon
no
yes
The Euro is the common European currency. It is currently used in the 13 block Euro-zone as their common currency. It is currently going down against the dollar.
It was the dinheiro
Yes.
There is no single currency in use from the 1400's till today.
the currency that was printed during the revolutionay war was the commodity money
Commodity currency is the name given given to currencies of countries that depend heavily on the export of certain raw materials for income. These is typical for developing countries.
oil = commodity dollars = currency exchange market treasuries = bond market Corn and wheat-Commodity market Pesos and yen-Currency exchange market Munis and Treasuries-Bond market
The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.
Commodity-backed money is just what it sounds like: it's a currency where every unit of money--dollars, say--is backed by a stated amount of a commodity held in reserve by the government.
Commodity-backed money is just what it sounds like: it's a currency where every unit of money--dollars, say--is backed by a stated amount of a commodity held in reserve by the government.
where was salt used as commodity money
They used Shillings
There are individuals and companies who specialize in online currency trading. Currency is just like any other commodity such as, sugar, wheat, corn, oil, textiles, silver, etc.