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Metal objects was introduced an money.
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Cowrie shells became the first medium of money. Cowrie shells was most popular form of money for people of Africa.
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The early coins were produced by Lydians, a group of people from Turkey. There coins made of lumps of gold and silver.
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Paper currency was first used in China in the 7th century. It took Europeans 1,000 years to start using paper currency.
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In Massachusetts Bay Colony declared wampum as legal tender.
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American paper money was called the Continental.
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By September 1833, government funds were being deposited into state charted banks.
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First Central Bank established in the U.K. Served as a model for most modern central banks.
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The bank made a record profit of $17.4 Billion in 2010.
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Today current money has improved.
