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Chelin
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenician ...
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Ugandan Shilling
The shilling ( sw, shilingi; abbreviation: USh; ISO code: UGX) is the currency of Uganda. Officially divided into cents until 2013, due to substantial inflation the shilling now has no subdivision. Notation Prices in the Ugandan shilling are written in the form of , where x is the amount in shillings, while y is the amount in cents. An equals sign or hyphen represents zero amount. For example, 50 cents is written as "" and 100 shillings as "" or "100/-". Sometimes the abbreviation ''USh'' is prefixed for distinction. If the amount is written using words as well as numerals, only the prefix is used (e.g. USh 10 million). This pattern was modelled on sterling's pre-decimal notation, in which amounts were written in some combination of pounds (£), shillings (s), and pence (d, for denarius). In that notation, amounts under a pound were notated only in shillings and pence. History The first Ugandan shilling (UGS) replaced the East African shilling in 1966 at pa ...
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1933 Scottish Shilling
Events January * January 11 – Sir Charles Kingsford Smith makes the first commercial flight between Australia and New Zealand. * January 17 – The United States Congress votes in favour of Philippines independence, against the wishes of U.S. President Herbert Hoover. * January 28 – "Pakistan Declaration": Choudhry Rahmat Ali publishes (in Cambridge, UK) a pamphlet entitled ''Now or Never; Are We to Live or Perish Forever?'', in which he calls for the creation of a Muslim state in northwest India that he calls "Pakistan, Pakstan"; this influences the Pakistan Movement. * January 30 ** National Socialist German Workers Party leader Adolf Hitler is appointed Chancellor of Germany (German Reich), Chancellor of Germany by President of Germany Paul von Hindenburg. ** Édouard Daladier forms a government in France in succession to Joseph Paul-Boncour. He is succeeded on October 26 by Albert Sarraut and on November 26 by Camille Chautemps. February * February 1 – A ...
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Groat (coin)
The groat is the traditional name of a defunct English and Irish silver coin worth four pence, and also a Scottish coin which was originally worth fourpence, with later issues being valued at eightpence and one shilling. Name The name has also been applied to any thick or large coin, such as the ''Groschen'' (''grosso''), a silver coin issued by Tyrol in 1271 and Venice in the 13th century, which was the first of this general size to circulate in the Holy Roman Empire and other parts of Europe. The immediate ancestor to the groat was the French '' gros tournois'' or groat of Tours, which was known as the ''groot'' (Dutch for "great" or "large") in the Netherlands. The name also refers to a range of other European coins such as those of the Italian peninsula known as a ''grosso'' including the grosso of Venice and the Kraków grosz in Poland. Marco Polo referred to the groat in recounts of his travels to East Asia when describing the currencies of the Yuan Empire. His descripti ...
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Groschen
Groschen (; from la, grossus "thick", via Old Czech ') a (sometimes colloquial) name for various coins, especially a silver coin used in various states of the Holy Roman Empire and other parts of Europe. The word is borrowed from the late Latin description of a tornose, a ''grossus denarius Turnosus,'' in English the "thick denarius of Tours". Groschen was frequently abbreviated in old documents to ''gl'', whereby the second letter was not an '' l'' (12th letter of the alphabet), but an abbreviation symbol; later it was written as ''Gr'' or ''g''. Names and etymology The name was introduced in 13th-century France as ', lit. "thick penny", whence Old French ', Italian ', Middle High German ', Low German and Dutch ' and English '' groat''. In the 14th century, it appeared as Old Czech ', whence Modern German '. Names in other modern European languages include: * sq, grosh * Church Slavonic-derived languages: Bulgarian, Macedonian, Russian and Serbo-Croatian ('), Ukrain ...
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Pfennig
The 'pfennig' (; . 'pfennigs' or ; symbol pf or ₰) or penny is a former German coin or note, which was the official currency from the 9th century until the introduction of the euro in 2002. While a valuable coin during the Middle Ages, it lost its value through the years and was the minor coin of the Mark currencies in the German Reich, West and East Germany, and the reunified Germany until the introduction of the euro. Pfennig was also the name of the subunit of the Danzig mark (1922–1923) and the Danzig gulden (1923–1939) in the Free City of Danzig (modern Gdańsk, Poland). Overview Name The word ''Pfennig'' (replacing the ''denarius'' or ''denarius'' as a low-denomination silver coin) can be traced back to the 8th century and also became known as the ''Penning'', ''Panni(n)g '', ''Pfenni(n)c'', ''Pfending'' and by other names, e.g. in Prussia until 1873, ''Pfenning''. The ''-ing''- or ''-inc'' suffix was used, in addition to ''-ung'', the formation of affil ...
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French Denier
The denier ( la, denarius; . d.) or penny was a medieval coin which takes its name from the Frankish coin first issued in the late seventh century; in English it is sometimes referred to as a silver penny. Its appearance represents the end of gold coinage, which, at the start of Frankish rule, had either been Roman (Byzantine) or "pseudo-imperial" (minted by the Franks in imitation of Byzantine coinage). Silver would be the basis for Frankish coinage from then on. The ''denier'' was minted in France and parts of the Italian peninsula for the whole of the Middle Ages, in states such as the patriarchate of Aquileia, the Kingdom of Sicily, the Republic of Genoa, the Republic of Siena, and the crusader state Kingdom of Jerusalem, among others. History Coin Around AD 755, amid the Carolingian Reforms, Pepin the Short introduced a new currency system which was eventually adjusted so that 12 pence ( la, denarii; french: deniers) equaled one '' shilling'' ('; ' or ') and 20 ...
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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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Charlemagne
Charlemagne ( , ) or Charles the Great ( la, Carolus Magnus; german: Karl der Große; 2 April 747 – 28 January 814), a member of the Carolingian dynasty, was King of the Franks from 768, King of the Lombards from 774, and the first Holy Roman Emperor, Emperor of the Romans from 800. Charlemagne succeeded in uniting the majority of Western Europe, western and central Europe and was the first recognized emperor to rule from western Europe after the fall of the Western Roman Empire around three centuries earlier. The expanded Frankish state that Charlemagne founded was the Carolingian Empire. He was Canonization, canonized by Antipope Paschal III—an act later treated as invalid—and he is now regarded by some as Beatification, beatified (which is a step on the path to sainthood) in the Catholic Church. Charlemagne was the eldest son of Pepin the Short and Bertrada of Laon. He was born before their Marriage in the Catholic Church, canonical marriage. He became king of the ...
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Aureus
The ''aureus'' ( ''aurei'', 'golden', used as a noun) was a gold coin of ancient Rome originally valued at 25 pure silver ''denarii'' (sin. denarius). The ''aureus'' was regularly issued from the 1st century BC to the beginning of the 4th century AD, when it was replaced by the ''solidus''. The ''aureus'' was about the same size as the ''denarius'', but heavier due to the higher density of gold (as opposed to that of silver). Before the time of Julius Caesar the ''aureus'' was struck infrequently. Caesar struck the coin more often, and standardized the weight at \tfrac of a Roman pound (about 8 grams). Augustus () tariffed the value of the ''sestertius'' as \tfrac of an ''aureus''. The mass of the ''aureus'' was decreased to \tfrac of a Roman pound (7.3 g) during the reign of Nero (r. 54–68). At about the same time the purity of the silver coinage was also slightly decreased. After the reign of Marcus Aurelius (r. 161–180) the production of ''aurei'' decreased, and the w ...
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Gold Coin
A gold coin is a coin that is made mostly or entirely of gold. Most gold coins minted since 1800 are 90–92% gold (22karat), while most of today's gold bullion coins are pure gold, such as the Britannia, Canadian Maple Leaf, and American Buffalo. Alloyed gold coins, like the American Gold Eagle and South African Krugerrand, are typically 91.7% gold by weight, with the remainder being silver and copper. Traditionally (up to about the 1930s), gold coins have been circulation coins, including coin-like bracteates and dinars. In recent decades, however, gold coins are mainly produced as bullion coins for investors and as commemorative coins for collectors. While modern gold coins are still legal tender, they are not observed in everyday financial transactions, as the metal value normally exceeds the nominal value. For example, the American Gold Eagle has a denomination of 10 USD, but a metal value of more than $800 USD (being around a half an ounce). The gold reserves of centr ...
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Solidus (coin)
The ''solidus'' (Latin 'solid';  ''solidi'') or nomisma ( grc-gre, νόμισμα, ''nómisma'',  'coin') was a highly pure gold coin issued in the Late Roman Empire and Byzantine Empire. Constantine I, Constantine introduced the coin, and its weight of about 4.5 grams remained relatively constant for seven centuries. In the Byzantine Empire, the solidus or nomisma remained a highly pure gold coin until the 11th century, when several Byzantine Empire, Byzantine list of Byzantine emperors, emperors began to strike the coin with less and less gold. The nomisma was finally abolished by Alexius I in 1092, who replaced it with the hyperpyron, which also came to be known as a "bezant". The Byzantine solidus also inspired the originally slightly less pure Dinar (coin), dinar issued by the Muslim Caliphate. In Western Europe, the solidus was the main gold coin of commerce from late Roman times to Pepin the Short's Carolingian Renaissance#Carolingian currency, currency reform, wh ...
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