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2600 BCE
First money?
Ancient Egyptians were making metal rings wich some historians thinks they used as money. -
Period: 2000 BCE to 600
4,000 to 2,600 years ago
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Period: 1600 BCE to 1800 BCE
400 to 200 years ago
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1100 BCE
A differet exchange system
In China, they used a system of miniature replicas of the objects to be traded were used instead of th objects themselves. -
650 BCE
The first coins (between 700 and 600 BC)
Over time these may have transformed into easier to handle discs of metal. They were made of electrum (a natoral mix of silver and gold) and stamped with ictures to show their value (for example an own or a snake). -
650 BCE
First paper money
Around 700 and 600 BC the first paper money was being udes in China. -
The evolution of money
By 1600 the main way to pay were coins The coins' value was the price that it's amount of metal cost.
Nowadays, however coins and notes don't work like in the past. -
First paper money
Canadians began to use paper money and thanks to that the international trade increased. -
Bits
Spanish eight real coins were split up and the bits were invented. They were used as change.
This term was used until very recently. -
The threepenny
The threepenny was only scrapped in this year. -
Period: to
Money today
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Nowadays
Now we use debit and credits cards, insteadof using precious metals.
