Top 10 coins factsCurrencies quiz
What was the Russian beard token used for?
Proof of tax payment. In 1705, Emperor Peter I of Russia instituted a beard tax to modernize the society of Russia following European models. Those who paid the tax were required to carry a "beard token" with them all the time.
Where were florins from?
Italy. As is evidenced by its name, the coin was first struck in Florence. As many Florentine banks had branches across Europe, the florin quickly became the dominant trade coin of Western Europe for large scale transactions.
Where does the name of the Russian currency come from - the ruble?
From breaking. The word "ruble" comes from the verb meaning "break" and refers to the Middle Ages, when pieces of silver were broken into smaller ones when changing money. The ruble was the world's first decimal currency: it was decimalised in 1704 when the ruble became legally equal to 100 kopeks.
Which of the following currencies was decimalised last?
Pound sterling. On 15 February 1971, the UK decimalised the pound sterling, replacing the shilling and penny with a single subdivision, the new penny. Under the old currency, the pound was made up of 240 pence, with 12 pence in a shilling and 20 shillings in a pound.
Who are considered to be the creators of coins?
Phoenicians. The creators of coins were probably Phoenicians. Phoenicia is an ancient land that encompasses the areas of today's Lebanon, western Syria and northern Israel. In addition to the invention of coins, the Phoenicians also created the first ever alphabetical magazine.
Which of these coins is the oldest?
Denarius. The denarius was a small silver coin of ancient Rome, first minted in 211 BC. Its name is still current as 'dinar' in many modern countries (Serbia, Iraq, Malaysia etc.), since the Islamic dinar comes directly from Byzantine denarius.
What was the currency in Italy before the euro?
Italian lira. The lira was the official unit of currency in Italy until January 1, 1999, when it was replaced by the euro (euro coins and notes were not introduced until 2002). Old lira denominated currency ceased to be legal tender on February 28, 2002. The conversion rate is 1,936.27 lire to the euro.
Where does the name "dollar" come from?
From Czech Republic. The history of the dollar is a story involving many countries in different continents. The word 'dollar' itself derives from the Flemish or Low German word daler (in German taler or thaler), short for Joachimstaler, referring to a coin from the silver mines of Joachimstal, in Bohemia (now Jáchymov in the Czech Republic).