What was money called in Tudor times?

Answer 1

While some coins of the Middle Ages were florins, the common coin for the English was the penny, which was the only coin minted by a large number of medieval kings. This was the same as the French denier, and a number of coins from other countries. Other medieval words for coins included the groat, which was four pence, and the testoon, which was twelve pence and was later called a shilling. Others existed as well, such as the angel, the noble, and the royal, all of which were gold. In addition, there was a farthing, or quarter penny, which was occasionally made.

Other countries had other denominations, of course. Though the English made no copper coins in the Middle Ages, there were copper coins in other places, notably the Byzantine Empire.

Answer 2

They called it... Money.

The particular details of what money was used, however, of course differ greatly from modern currencies.

All medieval currencies in Europe were pre-decimal, that is, rather than using a 100:1 ratio of minor coinage to major currency (for instance 100 eurocent/pence/cents to the euro/pound/dollar) as is virtually standardised in modern economics, a fractional system based on that of the pre-medieval Roman economic system was used.

This consisted of three units, the smallest being the penny, or denarius, an intermediate coin, the shilling or solidus, and the major unit of currency; sometimes called the pound, livre, or mark, depending on nation.

To use English currency as a single example:

The pound consisted of 240 pence, with 12 pence to a shilling and 20 shillings to the pound.

As a general rule, the pound was an exceptionally high value denomination - a common man may only earn a few pounds a year - and thus pennies and shillings were the currency in common use in everyday trade.

Multiple coins circulated for many different values through the course of the medieval era - Farthings, Half-pennies Groats, Angels, Nobles (a valuable coin - the origin of the word "Nobleman" comes from Shakespeare - and is literally a man rich and powerful enough to own Nobles.), Soveriegns and Royals - and many more besides were circulated throughout just england over the course of the medieval age, and similar numbers of different coins were circulated through the rest of europe too.

Answer 3

shillings

Answer 4

mola your but

Answer 5

Shillings