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Egyptian Piastre
The piastre ( Egyptian: ersh, قرش) was the currency of Egypt until 1834. It was subdivided into 40 ''para'', each of 3 ''akçe''. History The piastre was based on the Turkish kuruş, introduced while Egypt was part of the Ottoman Empire. As in Turkey, debasement A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nick ... lead to the piastre falling significantly in value. In 1834, the pound, or gineih (Arabic), was introduced as the chief unit of currency, worth 100 piastre. The piastre continues in use to the present day as a subdivision of the pound. The piastre continued to circulate, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued, and the piastre was divided into tenths ( '' 'oshr el-ersh''). These tenths were renamed milliemes (''malleem'') in 1916. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egyptian Arabic
Egyptian Arabic, locally known as Colloquial Egyptian ( ar, العامية المصرية, ), or simply Masri (also Masry) (), is the most widely spoken vernacular Arabic dialect in Egypt. It is part of the Afro-Asiatic language family, and originated in the Nile Delta in Lower Egypt. The ca. 100 million Egyptians speak a continuum of dialects, among which Cairene is the most prominent. It is also understood across most of the Arabic-speaking countries due to broad Egyptian influence in the region, including through Egyptian cinema and Egyptian music. These factors help to make it the most widely spoken and by far the most widely studied variety of Arabic. While it is primarily a spoken language, the written form is used in novels, plays and poems (vernacular literature), as well as in comics, advertising, some newspapers and transcriptions of popular songs. In most other written media and in radio and television news reporting, literary Arabic is used. Literary Arabic i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Para (currency)
The ''para'' ( Turkish , plural: pare . From Persian , 'piece'; Cyrillic: пара) was a former currency of the Ottoman Empire, Turkey, Egypt, Montenegro, Albania and Yugoslavia and is the current subunit, although rarely used, of the Serbian dinar. In 1524, the Ottoman law code of Egypt ( kanunname) referred to the Mamluk Egyptian coin ''medin'' as ''pare'' and set its value as 2.5 dirham. Since 1640 the value of para was settled relative to Ottoman currency, at 3 '' akçe.'' In the 16th and 17th centuries ''pare'' were minted in many parts of the empire, in Asia and north Africa. In 1688 the Ottoman ''kuruş'' was introduced, para equaling of a ''kuruş''. In 1844, a ''kuruş'' was, in turn, of the newly introduced Ottoman Lira. The modern Turkish lira is only divided into . In Serbia, the has been the subunit of the dinar since the 19th century. The Montenegrin perper was subdivided into 100 during its brief existence between 1906 and 1918. In Albania, the was used ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Akçe
The ''akçe'' or ''akça'' (also spelled ''akche'', ''akcheh''; ota, آقچه; ) refers to a silver coin which was the chief monetary unit of the Ottoman Empire. The word itself evolved from the word "silver or silver money", this word is derived from the Turkish ''ak'' ("white") and the diminutive suffix -''ça''. Three ''akçe''s were equal to one ''para''. One-hundred and twenty ''akçe''s equalled one ''kuruş''. Later after 1687 the ''kuruş'' became the main unit of account, replacing the ''akçe''. In 1843, the silver ''kuruş'' was joined by the gold lira in a bimetallic system. Its weight fluctuated, one source estimates it is between 1.15 and 1.18 grams. The name ''akçe'' originally referred to a silver coin but later the meaning changed and it became a synonym for money. The mint in Novo Brdo, a fortified mining town in the Serbian Despotate rich with gold and silver mines, began to strike ''akçe'' in 1441 when it was captured by the Ottoman forces for the first ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turkish Kuruş
Turkish may refer to: *a Turkic language spoken by the Turks * of or about Turkey ** Turkish language *** Turkish alphabet ** Turkish people, a Turkic ethnic group and nation *** Turkish citizen, a citizen of Turkey *** Turkish communities and minorities in the former Ottoman Empire * Ottoman Empire (Ottoman Turkey), 1299–1922, previously sometimes known as the Turkish Empire ** Ottoman Turkish, the Turkish language used in the Ottoman Empire * Turkish Airlines, an airline * Turkish music (style), a musical style of European composers of the Classical music era See also * * * Turk (other) * Turki (other) * Turkic (other) * Turkey (other) * Turkiye (other) * Turkish Bath (other) * Turkish population, the number of ethnic Turkish people in the world * Culture of Turkey * History of Turkey ** History of the Republic of Turkey The Republic of Turkey was created after the overthrow of Sultan Mehmet VI Vahdettin by the ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ottoman Empire
The Ottoman Empire, * ; is an archaic version. The definite article forms and were synonymous * and el, Оθωμανική Αυτοκρατορία, Othōmanikē Avtokratoria, label=none * info page on book at Martin Luther University) // CITED: p. 36 (PDF p. 38/338) also known as the Turkish Empire, was an empire that controlled much of Southeast Europe, Western Asia, and Northern Africa between the 14th and early 20th centuries. It was founded at the end of the 13th century in northwestern Anatolia in the town of Söğüt (modern-day Bilecik Province) by the Turkoman tribal leader Osman I. After 1354, the Ottomans crossed into Europe and, with the conquest of the Balkans, the Ottoman beylik was transformed into a transcontinental empire. The Ottomans ended the Byzantine Empire with the conquest of Constantinople in 1453 by Mehmed the Conqueror. Under the reign of Suleiman the Magnificent, the Ottoman Empire marked the peak of its power and prosperity, as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debasement
A debasement of coinage is the practice of lowering the intrinsic value of coins, especially when used in connection with commodity money, such as gold or silver coins. A coin is said to be debased if the quantity of gold, silver, copper or nickel in the coin is reduced. Example In Roman currency, the value of the denarius was gradually decreased over time as the Roman government altered both the size and the silver content of the coin. Originally, the silver used was nearly pure, weighing about 4.5 grams. From time to time, this was reduced. During the Julio-Claudian dynasty, the denarius contained approximately 4 grams of silver, and then was reduced to 3.8 grams under Nero. The denarius continued to shrink in size and purity, until by the second half of the third century, it was only about 2% silver, and was replaced by the Argenteus. Effects Debasement lowers the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egyptian Pound
The pound ( arz, جنيه مصرى '; abbreviation: LE in Latin, in Arabic, historically also £E; ISO code: EGP) is the official currency of Egypt. It is divided into 100 piastres, or ersh ( ; ''plural'' ; abbreviation: PT), or 1,000 milliemes ( ; french: millième, abbreviated to ''m'' or ''mill''). History In 1834, a khedival decree was issued, adopting an Egyptian currency based on a bimetallic standard (gold and silver) on the basis of the Maria Theresa thaler, a popular trade coin in the region. The Egyptian pound, known as the , was introduced, replacing the Egyptian piastre () as the chief unit of currency. The piastre continued to circulate as of a pound, with the piastre subdivided into 40 para. In 1885, the para ceased to be issued, and the piastre was divided into tenths ( ). These tenths were renamed milliemes () in 1916. The legal exchange rates were fixed by force of law for important foreign currencies which became acceptable in the settlem ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Billon (alloy)
Billon () is an alloy of a precious metal (most commonly silver, but also gold) with a majority base metal content (such as copper). It is used chiefly for making coins, medals, and token coins. The word comes from the French ''bille'', which means "log". History The use of billon coins dates from ancient Greece and continued through the Middle Ages. During the sixth and fifth centuries BC, some cities on Lesbos used coins made of 60% copper and 40% silver. In both ancient times and the Middle Ages, leaner mixtures were adopted, with less than 2% silver content. Billon coins are perhaps best known from the Roman Empire, where progressive debasements of the Roman ''denarius'' and the Roman provincial '' tetradrachm'' in the second century AD led to declining silver and increasing bronze content in these denominations of coins. Eventually, by the third quarter of the second century AD, these coins were almost entirely bronze, with only a thin coating or even a wash of si ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ottoman Egypt
The Eyalet of Egypt (, ) operated as an administrative division of the Ottoman Empire from 1517 to 1867. It originated as a result of the conquest of Mamluk Egypt by the Ottomans in 1517, following the Ottoman–Mamluk War (1516–17) and the absorption of Syria into the Empire in 1516. The Ottomans administered Egypt as an eyalet of their Empire ( ota, ایالت مصر, Eyālet-i Mıṣr) from 1517 until 1867, with an interruption during the French occupation of 1798 to 1801. Egypt always proved a difficult province for the Ottoman Sultans to control, due in part to the continuing power and influence of the Mamluks, the Egyptian military caste who had ruled the country for centuries. As such, Egypt remained semi-autonomous under the Mamluks until Napoleon Bonaparte's French forces invaded in 1798. After Anglo-Turkish forces expelled the French in 1801, Muhammad Ali Pasha, an Albanian military commander of the Ottoman army in Egypt, seized power in 1805, and ''de facto'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic History Of Egypt
The economy of Egypt used to be a highly centralized economy, focused on import substitution under president Gamal Abdel Nasser (1954–1970). During the rule of president Abdel Fattah el-Sisi (2014–present), the economy follows Egypt's 2030 Vision. The policy is aimed at diversifying Egypt's economy. The country's economy is the second largest in Africa after Nigeria regarding nominal GDP, and 33rd in worldwide ranking as of 2022. Since the 2000s, the pace of structural reforms (including fiscal and monetary policies, taxation, privatization and new business legislation) helped Egypt move towards a more market-oriented economy and prompted increased foreign investment. The reforms and policies have strengthened macroeconomic annual growth results. As Egypt's economy healed, other prominent issues like unemployment and poverty began to decline significantly. The country benefits from political stability; its proximity to Europe, and increased exports. It also enjoys a stron ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Modern Obsolete Currencies
Modern may refer to: History *Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (for e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Africa
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. 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. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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