Categories: BusinessEconomy

10 oldest currencies still used today

The international market where currencies are exchanged between countries is known as the foreign exchange market, or forex (FX).

Forex is the world’s largest and most liquid market with over $6 trillion traded daily. It is not headquartered in one place, and it is not governed by a single government agency.

The US dollar, the euro, the Japanese yen, the Australian dollar, and the Swiss franc are a few of the most traded currencies.

However, it may surprise you to learn that some currencies have been in circulation for centuries.

Here is a list of the top 10 oldest currencies that are still in use today:

The British pound, sometimes referred to as the pound sterling, is the most ancient coin still in circulation.

The first silver pennies were struck in what is now England circa 775 AD, during the Anglo-Saxon era.

Originally worth one pound of silver, the pound sterling was made the official currency of England in the twelfth century by King Henry II.

The oldest currencies still in use today are the Russian ruble and the Serbian dinar, followed by the British pound.

In the thirteenth century, both were initially used. The US dollar was formally adopted in 1785, making it the most traded currency globally.

Prajwal Wele

Recent Posts

Arvin B. Mendoza: Turning Observation Into a Philosophy for Business, Sales and Life

Business Now had the opportunity to speak with Arvin, as he shared the experiences and…

24 hours ago

Transparency, Trust and Transformation: Eranga Weerasinghe on Leading People to Extraordinary Performance

Business Now spoke with Eranga Weerasinghe about the experiences that shaped his leadership, why transparency…

4 days ago

“Talent Creates an Opportunity, and Discipline May Help Us Meet Expectations, but Passion Is What Inspires Us to Exceed Them” – Janis Renay Schiffner

Janis Renay Schiffner is a four-time #1 international best-selling author, international keynote speaker, and accomplished…

1 week ago

Deepak Sethi on Mindfulness, Resilience and Self-Transformation

Business Now spoke with him about the experiences that shaped his career, why mindfulness became…

1 week ago

Nicole Crawley on Leading Through Change, Developing People and Shaping the Future of Marketing

Business Now spoke with her about the experiences that shaped her leadership philosophy, the lessons…

2 weeks ago

Dr. Prawaal: Building an AI Leadership Journey Through Curiosity, Reinvention and Purpose

Business Now got in touch with him to discuss the experiences that shaped his journey,…

1 month ago