Roman currency

Denarius of Marcus Aurelius. Legend: IMP. M. ANTONINVS AVG. TR. P. XXV.

Roman currency for most of Roman history consisted of gold, silver, bronze, orichalcum and copper coinage.[1] From its introduction during the Republic, in the third century BC, through Imperial times, Roman currency saw many changes in form, denomination, and composition. A persistent feature was the inflationary debasement and replacement of coins over the centuries. Notable examples of this followed the reforms of Diocletian. This trend continued with Byzantine currency.

Due to the economic power and longevity of the Roman state, Roman currency was widely used throughout western Eurasia and northern Africa from classical times into the Middle Ages. It served as a model for the currencies of the Muslim caliphates and the European states during the Middle Ages and the Modern Era. Roman currency names survive today in many countries via the Carolingian monetary system, such as the Arabic dinar (from the denarius coin), the British pound (a translation of the Roman libra, a unit of weight), the peso (also a translation of libra), and the words for the general concept of money in the Iberian Romance languages (e.g. Spanish dinero and Portuguese dinheiro).

  1. ^ "Blanchard and Company, Inc. - The Twelve Caesars". Retrieved February 8, 2017.

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