Currency For other uses, see Currency (disambiguation).   This article has multiple issues. Please help improve it or discuss these issues on the talk page.  This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (November 2012)   Numismatics  Currency ▪ Coins ▪ Banknotes ▪ Forgery Community currencies ▪ Company scrip ▪ Coal scrip ▪ LETS ▪ Time dollars Fictional currencies History Ancient currencies ▪ Greek ▪ Roman ▪ China ▪ India Byzantine Medieval currencies Modern currencies ▪ Africa ▪ The Americas ▪ Europe ▪ Asia ▪ Oceania Production ▪ Mint ▪ Designers ▪ Coining ▪ Milling ▪ Hammering ▪ Cast Exonumia ▪ Credit cards ▪ Medals ▪ Tokens ▪ Cheques Notaphily ▪ Banknotes Scripophily ▪ Stocks ▪ Bonds ▪ Terminology ▪ Numismatics portal  v t e A currency (from Middle English curraunt, meaning in circulation) in the most specific use of the word refers to money in any form when in actual use or circulation, as a medium of exchange, especially circulating paper money. This use is synonymous with banknotes, or (sometimes) with banknotes plus coins, meaning the physical tokens used for money by a government.[1][2] A much more general use of the word currency is anything that is used in any circumstances, as a medium of exchange. In this use, "currency" is a synonym for the concept of money.[3] A definition of intermediate generality is that a currency is a system of money (monetary units) in common use, especially in a nation.[4] Under this definition, British pounds, U.S. dollars, and European euros are different types of currency, or currencies. Currencies in this definition need not be physical objects, but as stores of value are subject to trading between nations in foreign exchange markets, which determine the relative values of the different currencies.[5] Currencies in the sense used by foreign exchange markets, are defined by governments, and each type has limited boundaries of acceptance. The former definitions of the term "currency" are discussed in their respective synonymous articles banknote, coin, and money. The latter definition, pertaining to the currency systems of nations, is the topic of this article. History Early currency   This section does not cite any references or sources. Please help improve this section by adding citations to reliable sources. Unsourced material may be challenged and removed. (October 2011) Currency evolved from two basic innovations, both of which had occurred by 2000 BC. Originally money was a form of receipt, representing grain stored in temple granaries in Sumer in ancient Mesopotamia, then Ancient Egypt
Posted on: Wed, 19 Jun 2013 17:54:28 +0000
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