Money Of Kievan Rus'
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Money Of Kievan Rus'
The history of monetary systems of Kievan Rus' is divided into two main phases: the period of use of foreign silver coins (9th - the beginning of the 12th century) and the Coinless period (from 12th century - until the end of the Rus' period) 9th - The beginning of the 12th century The fur of small fur animals has long been one of the main types of monetary substitutes. It was highly valued in other countries, which allowed for a profitable trade. Also known as a substitute for money were Shell money, small cowries shells (Monetaria moneta, Cypraea). But nevertheless finds of skins and shells come across not so often. The basis of all the treasures dating back to this period were foreign silver coins. Together with the emergence of the first ancient settlements in the late 8th - early 9th century, foreign coins appeared on Slavs, Slavic lands of Eastern Europe. The formation of money circulation started when active trade in Northern Europe, Northern and Eastern Europe with the cou ...
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Kievan Rus'
Kievan Rusʹ, also known as Kyivan Rusʹ ( orv, , Rusĭ, or , , ; Old Norse: ''Garðaríki''), was a state in Eastern and Northern Europe from the late 9th to the mid-13th century.John Channon & Robert Hudson, ''Penguin Historical Atlas of Russia'' (Penguin, 1995), p.14–16.Kievan Rus
Encyclopædia Britannica Online.
Encompassing a variety of polities and peoples, including East Slavic, Norse, and Finnic, it was ruled by the , fou ...
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Denarius
The denarius (, dēnāriī ) was the standard Roman silver coin from its introduction in the Second Punic War to the reign of Gordian III (AD 238–244), when it was gradually replaced by the antoninianus. It continued to be minted in very small quantities, likely for ceremonial purposes, until and through the Tetrarchy (293–313). The word ''dēnārius'' is derived from the Latin ''dēnī'' "containing ten", as its value was originally of 10 assēs.Its value was increased to 16 assēs in the middle of the 2nd century BC. The word for "money" descends from it in Italian (''denaro''), Slovene (''denar''), Portuguese (''dinheiro''), and Spanish (''dinero''). Its name also survives in the dinar currency. Its symbol is represented in Unicode as 𐆖 (U+10196), a numeral monogram that appeared on the obverse in the Republican period, denoting the 10 asses ("X") to 1 denarius ("I") conversion rate. However it can also be represented as X̶ (capital letter X with combining long ...
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Coining (mint)
Minting, coining or coinage is the process of manufacturing coins using a kind of stamping, the process used in both hammered coinage and milled coinage. This "stamping" process is different from the method used in cast coinage. A coin die is one of the two metallic pieces that are used to strike a coin, one per each side of the coin. A die contains an inverse version of the image to be ''struck'' on the coin. ''Striking'' a coin refers to pressing an image into the blank metal disc, or planchet, and is a term descended from the days when the dies were struck with hammers to deform the metal into the image of the dies. Modern dies made out of hardened steel are capable of producing many hundreds of thousands of coins before they are retired and defaced. Ancient coin dies Prior to the modern era, coin dies were manufactured individually by hand by artisans known as engravers. In demanding times, such as the crisis of the Roman Empire in the 3rd century, dies were still used ...
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Sviatopolk I Of Kiev
Sviatopolk I Vladimirovich (''Sviatopolk the Accursed'', the ''Accursed Prince''; orv, Свѧтоплъкъ, translit=Svętoplŭkŭ; russian: Святополк Окаянный; uk, Святополк Окаянний; c. 980 – 1019) was the Kniaz' ( Turov) of Turov (988–1015) and Velykyi Kniaz or Grand Prince of Kiev (1015–1019) whose paternity and guilt in the murder of his brothers are disputed. The Svyatopolk-Mirsky family of Rurikid origin attribute their descent from Sviatopolk, although this claim may be dubious. Early life Sviatopolk's mother was a Greek nun captured by Sviatoslav I in Bulgaria and married to his lawful heir Yaropolk I, who became Prince of Rus in 972. In 980, Yaropolk's brother Vladimir had him murdered, and the new sovereign married his predecessor's wife, who gave birth to a child. Thus, Sviatopolk may have been the eldest of Vladimir's sons, although his parentage has been questioned. When Sviatopolk was eight years old, Vladimir put ...
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Vladimir The Great
Vladimir I Sviatoslavich or Volodymyr I Sviatoslavych ( orv, Володимѣръ Свѧтославичь, ''Volodiměrъ Svętoslavičь'';, ''Uladzimir'', russian: Владимир, ''Vladimir'', uk, Володимир, ''Volodymyr''. See Vladimir (name) for details., ''Vladimir Svyatoslavich''; uk, Володимир Святославич, ''Volodymyr Sviatoslavych''; Old Norse ''Valdamarr gamli''; c. 95815 July 1015), also known as Vladimir the Great or Volodymyr the Great, was Prince of Novgorod, Grand Prince of Kiev, and ruler of Kievan Rus' from 980 to 1015. Vladimir's father was Prince Sviatoslav I of Kiev of the Rurikid dynasty. After the death of his father in 972, Vladimir, who was then prince of Novgorod, was forced to flee to Scandinavia in 976 after his brother Yaropolk murdered his other brother Oleg of Drelinia, becoming the sole ruler of Rus'. In Sweden, with the help of his relative Ladejarl Håkon Sigurdsson, ruler of Norway, he assembled a Varangian ...
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Litra
A litra (plural: litrae; grc, λίτρα) was a small silver coin (or unit of measurement for other precious metals) used in the Archaic-era and early Classical colonies of Ancient Greece in general and in ancient Sicily in particular. As a coin, the litra was similar in value to the obol In silver content, the coin weighed and was equal to one-fifth of a drachma. As a unit of weight, the litra was one-third of a Roman libra, i.e. . Making small change from the silver coin, one litra could be divided into 12 bronze ''onkia'' coins (also spelled ''ounkia'' and related to the later Roman ''uncia''). Some ancient Greek bronze coins were marked with value "pellets," which are tiny solid domed counting-dots somewhat like the pips on dice. Because of the division into 12 parts, a bronze coin marked with six pellets was worth half a ''litra'' (a ''hemilitron''). A coin marked with three pellets was a quarter-litra (called a ''tetras'' for a fourth-part). For those accustomed ...
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Byzantine Empire
The Byzantine Empire, also referred to as the Eastern Roman Empire or Byzantium, was the continuation of the Roman Empire primarily in its eastern provinces during Late Antiquity and the Middle Ages, when its capital city was Constantinople. It survived the fragmentation and fall of the Western Roman Empire in the 5th century AD and continued to exist for an additional thousand years until the fall of Constantinople to the Ottoman Empire in 1453. During most of its existence, the empire remained the most powerful economic, cultural, and military force in Europe. The terms "Byzantine Empire" and "Eastern Roman Empire" were coined after the end of the realm; its citizens continued to refer to their empire as the Roman Empire, and to themselves as Romans—a term which Greeks continued to use for themselves into Ottoman times. Although the Roman state continued and its traditions were maintained, modern historians prefer to differentiate the Byzantine Empire from Ancient Rome ...
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Smolensk
Smolensk ( rus, Смоленск, p=smɐˈlʲensk, a=smolensk_ru.ogg) is a city and the administrative center of Smolensk Oblast, Russia, located on the Dnieper River, west-southwest of Moscow. First mentioned in 863, it is one of the oldest cities in Russia. Population: The city has been destroyed several times throughout its long history because it was on the invasion routes of various empires. Smolensk is known for its electronics, textiles, food processing, and diamond faceting industries. Etymology The name of the city is derived from the name of the Smolnya River. Smolnya river flows through Karelian and Murmansk areas of north-western Russia. The origin of the river's name is less clear. One possibility is the old Slavic word () for black soil, which might have colored the waters of the Smolnya. An alternative origin could be the Russian word (), which means resin, tar, or pitch. Pine trees grow in the area, and the city was once a center of resin processing and t ...
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Chernihiv
Chernihiv ( uk, Черні́гів, , russian: Черни́гов, ; pl, Czernihów, ; la, Czernihovia), is a city and municipality in northern Ukraine, which serves as the administrative center of Chernihiv Oblast and Chernihiv Raion within the oblast. Chernihiv's population is The city was designated as a Hero City during the 2022 Russian Invasion of Ukraine. Geography Chernihiv stands on the Desna River to the north-north-east of Kyiv. The area was served by Chernihiv Shestovytsia Airport prior to 2002, and during the Cold War it was the site of Chernihiv air base. History Etymology The name "Chernihiv" is a compound name, which begins with the root 'Cherni/Cherno,' which means "black" in Slavic. Scholars vary with interpretations of the second part of the name ("hiv"/gov", "говъ") though scholars such as Dr. Martin Dimnik, Professor of Medieval History at University of Toronto, connect Cerhnihov with the worship of "the black god" Chernibog. Early history ...
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Kiev
Kyiv, also spelled Kiev, is the capital and most populous city of Ukraine. It is in north-central Ukraine along the Dnieper, Dnieper River. As of 1 January 2021, its population was 2,962,180, making Kyiv the List of European cities by population within city limits, seventh-most populous city in Europe. Kyiv is an important industrial, scientific, educational, and cultural center in Eastern Europe. It is home to many High tech, high-tech industries, higher education institutions, and historical landmarks. The city has an extensive system of Transport in Kyiv, public transport and infrastructure, including the Kyiv Metro. The city's name is said to derive from the name of Kyi, one of its four legendary founders. During History of Kyiv, its history, Kyiv, one of the oldest cities in Eastern Europe, passed through several stages of prominence and obscurity. The city probably existed as a commercial center as early as the 5th century. A Slavs, Slavic settlement on the great trade ...
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Grivna
Grivna (гривна) was a currency as well as a measure of weight used in Kievan Rus' and other East Slavic countries since the 11th century. Name The word ''grivna'' is derived from from . In Old East Slavic it had the form ''grivĭna''. In modern East Slavic languages it has such forms: russian: гри́вна ''grivna'', uk, гри́вня ''hryvnia'', be, гры́ўня ''hryŭnia''. The name of the contemporary currency of Ukraine, ''hryvnia'', is derived from the ancient grivna. History Early period As its etymology implies the word originally meant a necklace or a torque. The reason why it has taken the meaning of a unit of weight is unclear. The grivnas that have been found at various archaeological sites are not necklaces but bullions of precious metals, usually silver. The weight and the shape of grivnas were not uniform, but varied by region. The grivnas of Novgorod and Pskov were thin long round-edged or three-edged ingots, while Kievan grivnas have ...
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Circulation (currency)
In monetary economics, the currency in circulation in a country is the value of currency or cash (banknotes and coins) that has ever been issued by the country’s monetary authority less the amount that has been removed. More broadly, money in circulation is the total money supply of a country, which can be defined in various ways, but always includes currency and also some types of bank deposits, such as deposits at call. The published amount of currency in circulation tends to be overstated by an unknown amount because it does not take into account money that has been destroyed, or held by individuals as a form of security (the proverbial “money under the mattress”), or by coin collectors, domestic or foreign, or which is held in reserve within the banking system, including currency held by foreign central banks as a foreign exchange reserve asset. Domestic demand for currency The currency in circulation in a country is based on the need or demand for cash in the community ...
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