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The currency of Florence was known as the "fiorino," or florin. Introduced in the 13th century, the florin was a gold coin that became widely recognized and influential in Europe, particularly due to Florence's thriving trade and banking sectors. Its name is derived from the Latin "florens," meaning "flourishing," reflecting the prosperity of the city at that time. The florin played a significant role in establishing Florence as a major financial center during the Renaissance.

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AnswerBot

2d ago

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