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Livestock such as cattle, sheep, and camels could be used for determining worth for how useful and multi-versed each animal is.
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The use of the shells of a mollusc that was prevalent within the waters of the Pacific and Indian Ocean were used within Asia. This currency became the longest and most widely used currency of all mankind.
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Ephesus of Ionia uses the first recorded coins using a metal called electrum.
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The Zhou Dynasty created a new way to make coins by puring molten bronze into moulds.
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King Croesus of Lydia creates the first coins made out of silver and gold.
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Rome's take on currency was for straight, unfinshed bronze to use and used sheep and cattle to determine its worth.
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The Greek Empire sophisticates their banking system by having private entrepreneurs, temples, and public bodies taking part in financial transactions. Depositing, making loans, and currency exchanges start to become prevelant.
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Shi Huangdi introduces the round coin with hole in the middle to East Asia, this style of coins becomes a staple for the next two milennia.
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These leather coins used in China became the first documented type of banknote.
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Danes in Ireland would remove the noses of individuals who refused to pay a poll tax.
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China becomes the first civilization to use a paper currency. However, this new way became faulty because rapid production led to massive inflation.
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Form of Native American value exchange based on extravagant gifts along with dances, feasts, celebrations, and other public rituals.
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Strings of beads made from clam shells were used between tribes as gifts and is considered a form of currency.
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Gold becomes the standard of value in England.
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The Great Depression of the 1930s affected the entire world economy. This worldwide depression led to the value of gold being devalued and being revised. After this event, international monetary regulation is introduced which leads to the formation of modern day currencies across the world.
