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Ancient Egyptians were making metal rings wich some historians thinks they used as money.
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In China, they used a system of miniature replicas of the objects to be traded were used instead of th objects themselves.
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Over time these may have transformed into easier to handle discs of metal. They were made of electrum (a natoral mix of silver and gold) and stamped with ictures to show their value (for example an own or a snake).
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Around 700 and 600 BC the first paper money was being udes in China.
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By 1600 the main way to pay were coins The coins' value was the price that it's amount of metal cost.
Nowadays, however coins and notes don't work like in the past. -
Canadians began to use paper money and thanks to that the international trade increased.
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Spanish eight real coins were split up and the bits were invented. They were used as change.
This term was used until very recently. -
The threepenny was only scrapped in this year.
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Now we use debit and credits cards, insteadof using precious metals.
