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After Mansa Musa's pilgrimage to Mecca in 1324, during which he distributed vast amounts of gold in Cairo, the price of gold fell significantly. His extravagant spending and the influx of gold into the economy caused inflation, diminishing the value of gold in the region. The sudden increase in supply without a corresponding increase in demand led to a devaluation of gold, impacting its market price. This event highlighted the interconnectedness of economies and the influence of wealth distribution on commodity values.
What else can I help you with?
Where does the name price come from?
The name Price is Welsh in origin. The name price id derived from ap Rhys which means enthusiasm in the Welsh language.
What did the farmers generally favored on?
lower tariffs, Remunerative price to the produce and the right to fix the price to the produce on the same analogy of fixation of price to the industrial products by the manufacturer.
How did the Ghanaian control the price of gold?
they did not
How did the Greeks enter the Greek underworld?
they would take a ride on the ferryboat driven by Charon down the river of Acheron (the river of sorrow) for the price of a few drachmas, or they would enter through the secret passage in which Hermes entered.... yea it wasnt so secret
Current name of Persia?
Price of Persia
How much postage for letter to cairo Egypt?
The postage for a letter from the United States to Cairo, Egypt is $1.15. This price assumes that it is a regular sized letter weighing one ounce or less.
Who ruled mali at its height?
Answer this question…The first ruler from the Laye lineage was Kankan Musa Keita (or, Moussa), also known as Mansa Musa. After an entire year without word from Abubakari Keita II, he was crowned Mansa Musa Keita. Mansa Musa Keita was one of the first truly devout Muslims to lead the Mali Empire
What is caibor?
Caibor it's a Cairo inter bANK OFFERED RATE. This is price for borrow a money inter banks on Cairo market. It can be on o/n t/n 1 weeks, 2 weeks etc.
What is the price of Egypt airline from Lagos to Cairo?
how much is the Egyptian airline ticket now go and come from Nigeria to Cairo
Did Bob Barker price is right passed away?
no
What do business do when price of rawmaterials increase?
The cost is generally passed onto the customer in the form of a product price increase.
What is the price of the glasses that can see through clothes?
price
Who was the most famous Mali ruler?
The famous ruler is Mansa Musa because he gave away so much gold that it change the price of the gold coins in Mali and they put him on the Africa map.
Definition of a monetary pass through?
You are a non profit and you receive money on behalf of a profit making company. You then turn around and write a check to the profit making company for the exact amount you got. Is that not a monetary pass through?
Direct flight from Lagos -Nigeria to Cairo-Egypt?
The airline which operation direct or indirect flights from Lagos to Cairo are Virgin Nigeria, Egypt Air, Ethiopian Airlines and Virgin Nigeria. The price for tickets is varies from airline to airline and duration of the journey dependent upon the in between destinations for indirect flights form Lagos.
What has happened to the price of salt through time?
Price has become increasingly less.
What was the price of unleaded fuel in 1993?
I passed my driving test in 1993, and in the UK I distinctly remember the price of unleaded petrol around 44 - 46p! Its trippled since!!
