To eradicate this, the gold standard was informally created, guaranteeing the two-way conversion of currency into a set amount of gold ... Despite being heralded for its significance in financial ...

Before Malaysia became a unified nation, the region was made up of several states and territories, each with its own currency system. These currencies were largely influenced by British colonial ...

History of fiat money Fiat money is generally considered to have originated in China several hundreds of years ago, although there are some differing accounts of when exactly paper currency in ...

April 2 is when some of the most important events in the world took place. Firstly, Pope John Paul II passed away at the age of 84. His funeral attracted close to four million people to Vatican City ...

Understanding the history of currency objects themselves – why they were created, where they circulated, and what they communicated to their users – is central to developing a deeper knowledge of how ...

Currency paper has a unique feel and is extremely durable. Is it really 'paper' in the traditional sense? There are no wood fibers or starch in currency paper. Instead, like high quality ...

Iran's currency fell below the psychologically key level of 1,000,000 rial per U.S. dollar on Tuesday, as market participants ...