The history of money is the development over time of systems for the exchange of goods and services. Money is a means of fulfilling these functions indirectly and in general rather than directly, as w
Spade money from the Zhou dynasty, c. 650–400 BC
Greek drachm of Aegina. Obverse: Land turtle. Reverse: ΑΙΓ(INA) and dolphin
A 7th century one-third stater coin from Lydia, shown larger
Roman denarius of Julius Caesar, 44 BC
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves as well as their value in buying goods. This is i
Japanese commodity money before the 8th century AD: arrowheads, rice grains and gold powder. This is the earliest form of Japanese currency.
A bronze okpoho or manilla, the traditional commodity money in West Africa until the 1940s.
Axe-like grzywnas (commodity money) from Kostkowice, Poland, 9th to mid-10th century AD