HISTORY OF CURRENCY

DIFFERENT FACES OF CURRENCIES IN DIFFERENT periods 

History of currency is as old as the history of the world. currency has been found in every time of the world. every work of the world is done by the money currency has been found in many forms, first of all, it was in the form of "STONE

 

CURRENCY IN THE FORM OF "STONE"

In a certain time in east of Philippines there was currency name "RAEE" basically big stones are called by name "RAEE" the people would bring stones from mountains and would keep at their homes, because as we know that those stones were used as currency there, they had weight approximately 7 tones so many people to show that they are rich  would keep those stones out of their homes 

"TEA LEAFS" AS CURRENCY 

In a certain time, tea leafs were used as currency in Asia, so many people would collect tea leaves in shoppers and would use for getting many things. It was till 1935

 

'SALT" WAS USED AS CURRENCY

Approximately 3000 years ago salt was used as currency, due to this such items took birth for instance. "He is not his worth his salt or "Salt of the eath 

"CHEESE" WAS USED AS CURRENCY

According to the business insider, In north Italy even till today banks take cheese for giving loan, etc.Because cheese was used as currency. This system is running since 1953. Big piece of cheese are numbered by banks serially and are kept in banks for 14 months, and it is said till today approximately there is 17 thousand tons of cheese in banks 

 

 

CURRENCY IN THE FORM OF "COIN" 

In beginning, in china peace of the iron was used as currency after then gradually coins were invented. First of all, coins were manufactured from silver and were used by the people of turkey at the same time coins were also manufactured from gold and slim, and since those days this system was launched by putting signs, symbols of different countries on coins for identifying to which state coin relates

CURRENCY IN THE FORM OF "PAPERS"

The currency was converted into papers in 13th century, first of all, paper currency was invented by china and used by china 

"INVISIBLE CURRENCY"

In modern times there are many types of currencies like PayPal, bitcoin, and digital currency, etc. Bitcoin is digital currency to save it we don`t need bank bitcoin can be transferred from one to another by google , bitcoin is the form of money that can`t be touched or stolen, because it is neither coin nor in paper form bitcoin money is setup on on internet and is used by the google , being in any country we can buy anything from anywhere . And this is the type of currency we can`t see.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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