The Origins Of The Names Of The World's Most Common Currencies (15 pics)

Posted in INTERESTING       18 Mar 2016       9480       1

Dollar

The dollar is the world's most common currency, used in the US, Australia, Canada, Fiji, New Zealand, and Singapore and elsewhere.

According to OxfordWords , the Flemish or Low German word "joachimsthal" referred to Joachim's Valley, where silver was once mined. Coins minted from this mine became "joachimsthaler," which was later shortened to "thaler" and which eventually morphed into "dollar."

1 The Origins Of The Names Of The World

Peso

"Peso" literally means "weight" in Spanish.

2 The Origins Of The Names Of The World

Lira

The Italian and Turkish "lira" come from the Latin word "libra," meaning "pound."

3 The Origins Of The Names Of The World

Mark

Before the euro, the Deutsche mark and the Finnish markka also draw their names from units of weight.

4 The Origins Of The Names Of The World

Rial

The Latin word "regalis," meaning "royal," is the origin for the Omani and Iranian "rial."

Similarly, Qatar, Saudi Arabia, and Yemen all use a currency called the "riyal." Before the euro, Spain used "reals" as well.

5 The Origins Of The Names Of The World

Rand

Like the dollar, South Africa's rand comes from the Dutch name for the South African city Witwatersrand, an area rich in gold.

6 The Origins Of The Names Of The World

Chinese yuan, Japanese yen, and Korean won

The Chinese character "圓," meaning "round" or "round coin," is responsible for the name of the Chinese yuan, Japanese yen, and Korean won.

7 The Origins Of The Names Of The World

Crown

Many Scandinavian countries use a currency that derives from the Latin word "corona," meaning "crown."

Sweden's krona, Norway's krone, Denmark's krone, Iceland's króna, and the Estonian kroon (now replaced by the euro), and the Czech Republic's koruna all derive from the same Latin root.

8 The Origins Of The Names Of The World

Dinar

Jordan, Algeria, Serbia, and Kuwait all call their currency "dinar."

This is a pretty straightforward truncation of the Latin word "denarius," which was a silver coin used in ancient Rome.

9 The Origins Of The Names Of The World

Rupee

The Sanskrit word for wrought silver is "rupya," which lends its name to the Indian and Pakistani rupee, as well as Indonesia's rupiah.

10 The Origins Of The Names Of The World

Pound

The British pound is derived from the Latin word "poundus" meaning "weight."

Egypt, Lebanon, South Sudan, Sudan, and Syria call their currency pound.

11 The Origins Of The Names Of The World

Ruble

Russia's and Belarus' ruble are named after a measure of weight for silver.

12 The Origins Of The Names Of The World

Zloty

"Zloty" is the Polish word for "golden."

13 The Origins Of The Names Of The World

Forint

The Hungarian forint comes from the Italian word "fiorino," a gold coin from Florence.

The fiorino had a flower, or "fiore" in Italian, stamped on it.

14 The Origins Of The Names Of The World

Ringgit

When coins were minted in precious metals, thieves would shave off small portions of the metal to create new coins.

To combat this, countries began minting coins with jagged edges.

The Malaysian word for jagged is "ringgit," the name of the currency.

15 The Origins Of The Names Of The World


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Fenrisulven 4 year s ago
#8 This 100 NOK banknote in not yet in use. Also Slovakia used Koruna before switching to Euro.
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