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The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .
A currency [a] is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. [1] [2] A more general definition is that a currency is a system of money in common use within a specific environment over time, especially for people in a nation state. [3]
The Arabs introduced their own coins. The Islamic dirham was 8 daniq. [6] The dirham was struck in many Mediterranean countries, including Al-Andalus (Moorish Spain) and the Byzantine Empire (miliaresion), and could be used as currency in Europe between the 10th and 12th centuries, notably in areas with Viking connections, such as Viking York ...
Italy has a long history of different coinage types, which spans thousands of years. Italy has been influential at a coinage point of view: the medieval Florentine florin, one of the most used coinage types in European history and one of the most important coins in Western history, [1] was struck in Florence in the 13th century, while the Venetian sequin, minted from 1284 to 1797, was the most ...
The word maravedí comes from marabet or marabotin, a variety of the gold dinar struck in al-Andalus by, and named after, the Almoravid dynasty (Arabic: المرابطون, romanized: al-Murābitūn sing. مرابط Murābit). The Spanish word maravedí is unusual in having three documented plural forms: maravedís, maravedíes and maravedises.
Gold coins were almost continually produced by the Byzantines and medieval Arabs. These circulated in Western European trade in smallish numbers, originating from the coinage mints of the Eastern Mediterranean. In Western Europe, the gold coins of Byzantine currency were highly prized. These gold coins were commonly called bezants.
The word dinar comes from the Latin word denarius, which was a silver coin. The name "dinar" is also used for Sasanid, Kushan, and Kidarite gold coins, though it is not known what the contemporary name was. The first dinars were issued by the Umayyad Caliphate. Under the dynasties that followed the use of the dinar spread from Islamic Spain to ...
Double-die style struck coin from Ancient India, c 304-232 BCE featuring an elephant on one face and a lion on the other. Since that time, coins have been the most universal embodiment of money. These first coins were made of electrum, a naturally occurring pale yellow mixture of gold and silver that was further alloyed with silver and copper.