I liked our old Latvian lats. In addition to their standard designs, our Central Bank issued coins of 23 alternative designs. They were not commemorative coins, but really used in circulation. Some people collected them, and it was really nice to suddenly get a coin with a snowman or a heart-shaped gingerbread as a change at the till of Your local supermarket.
@@yodamaster445 I think it could be originaly from koruna too because it sounds little-bit like it. koruna --) kuna ( remove o,r ). But I am not sure about it.
The Chinese renminbi actual name is Yuan. The Korean Won, Japanese Yen and Chinese Yuan seems to stem from the same word. In China, the earliest money was actually sea shells. Later, perhaps due to standardisation, the Shang Dynasty made coinns that looks like sea shell. Up till modern days, sea shell 贝，still forms many Chinese words for money, such as 财 property, or 宝precious (in the traditional form寶).
@@Cujo5 Late, But China used to be pretty small and close to the coast, so that was when they used it, other then that they would just transport it to them, only other way.
1:30 I believe that there's (at least 1) mistake. Czech rep. is marked purple for "other" but we actually use Czech Crowns (Koruna)... Now I know that it's not exactly written "krone" like they use up north but it's basically the same...
Turkish Lira should be listed under the "pound" category on the map, they both derive from the Latin "libra" (which is why the pound the weight is abbreviated "lb".
It should not be drawn from the root of the word. It is usually drawn from the name of a minted coin that was widely used. Like the coin minted in the valley Joachimstal (Tal - valley, from the valley -taler = Taler = Dollar). And then the currency based on each other, French francs to the currency of former colonies.
that is a good point in my language (Slovak) we call the pound "libra" and the Turkish lira is "líra", also the former Italian currency is called "líra" as well, so it would make sense that it was derived from the same word.
Turkish lira (much like old Italian lira) means pound, as it comes from Latin. The symbol for pound in UK is £, which is a stylised "lb" which comes from the same Latin word: libra
The best joke is that, contrary to USD, GBP or CHF, złoty has never been backed by gold. :) Today's Polish złoty is the fifth currency of that name in less than 100 years. WW2 and communism were not a good environment for our currency(-ies)
(1:30) - Turkish lira is based on libre, the same origin as pound. There's several countries having names based on libre. That includes Turkey. - Czechia also has a currency based on the same meaning behind krona/krone, being crown - Chinese "yuán" and Japanese "(y)en", comes from the same origin: 圓
name origin comes from weighing. which is same as in latin (libre) pound comes from latin. most of eu countries currencies was use libre, means weighing. that doesn't means these countries or turkey was a british colony like you mean. you may think libre is like trading in ancient era. getting something and paying equally same amount. according to you we could say british is roman colony right? almost every country is independent now, and some countries was independent for 5000 years. you better think what you are talking about.
@Mert K I ment same thing. Both coming from libre meaning pound, and many eu countries were use currencies named pound. But pound is common name that's why ypu missunderstood me
@@YuraK25 those are two different, but really similar words, so it could be confusing for not native speakers. Złoty (as currency) means golden and żółty means yellow ;p Złoty actually has two meanings - golden colour or something made of gold and name of currency refers to coins made of gold.
@Nicolas Chaperon of course. but not everyone are aware of the possible silver content, which is why you still can stumble upon them among the circulating coins.
2:13 isn't acually right, the map said Kron/Krone which would be translates into crown, if it would be the trasnlation of crown the Czech republic would be in it, as whe use the Koruna(Crown)
Similarly, Brazil should be brown like the Arab countries whose currency is Riyal, because all those currency names derive from the Medieval Portuguese Real. I think the Turkish Lira is also just a local name for pound. Italians also called both the British and their own pre-Euro currency Lira.
@@sohopedeco They all go back to the Latin libra (meaning 1 lb of silver - it's even the symbol for the weight unit), so you might call the British Pound a local name for Lira.
"and some Pacific islands" some Caribbean islands use the US Dollar too! Turks and Caicos, British Virgin Islands, Bonaire, Sint Eustatius, and Saba! There's also a South African rand union you didn't mention between Lesotho, South Africa, eSwatini, and Namibia as well as a CFP (Change Franc Pacifique) franc union between French Polynesia, New Caledonia, and Wallis & Futuna. The world is filled with currency unions!
Although not officially a common currency The U.S. dollar is used in Mexico depending on the circumstances Whether its trading, or buying stuff from friends, or illegal activities like drugs aswell between friends and drugs lmao
Thank you very much for making this video. I am a world coin/currency collector myself and this video gave a lot of very detailed points if there was anyone out there watching this video and didn't know that much about the topic.
I knew Yuan and Yen were connected (though the character has been simplified differently in each country), and I suspected Won may have the same connection too, so thanks for confirming my suspicion (or at least letting me know that I’m not the only to think this)
@@redapol5678 That is correct, though the languages have evolved the writings seperately they all mean the same thing. Yen(円), Yuan/RMB(元) and Won all mean "round" or "circle" as in coins.
@@tigeriontigerion9112 I certainly don’t know the hanja for won but I do know the kanji for yen 円 and the hanzi for yuan 元 (as the person above has indicated). Though they don’t look similar, they are both different simplifications of the traditional character 圓
I love your channel man, how you present the info, the info itself, how you explain it clearly with no hesitation. Just a pretty nice channel and fulfilling the high curiosity of geographichistoricpolitic knowledge akdjskdj
Probably already mentioned a thousand times, but Brazil uses the Reaal/Reais, which means it could have been grouped with your brown colour (rial/riyal). Great video nonetheless :-) .
10:15 about the origins of the word "salary" and the "some regions that used salt as payment" lol It derives from Latin "salarium" ("salario" in Italian), "an allowance, a stipend, a pension". During Roman times salt was incredibly valuable and used as a currency. To these there's a famous major road that leads Rome to the Tyrrhenian sea called "Via Salaria", literally "The Road of Salt".
9:26 I think when the noble said soldiers they can use knives to bargain with the tradesmen he actually implied something else. But it's nice how it turned out.
fun fact: the bolivar had 8 zeros removed (3 the first time and 5 the second one), so in order to represent theactual inflation, 1 euro is worth 58 000 000 000 000 old bolivars. also since this video was put up the bolivar lost some value, it is now 226 073 894 000 000 euros and it will be worth even less tomorrow.
Cambodia's currency is called the "Riel". Many people think it came from a small fish with a similar name, but it probably came from the Spanish real used by merchants in the mid-19th-century in Cambodia.
You missed the Indian Rupee that has monetary alliances with Nepal and Bhutan. Also the rupee was so strong that its legacy was seen in the Sri Lankan, Mauritius, Seychelles, East Aftican, Cocos Islands, Burma, Gulf Rupee etc. India printed notes for the Gulf till the late 60s and burma till 1947. Burma separated from India in 1935 and we also printed for Pakistan till 1948. You may want to do a separate video on Indian money.
While the HK Dollar is used in Macau, the Macanese pataca is preferred. Which is backed by the HK Dollar. also fun fact, while the NZ Dollar is the official currency of Pitcairn, the US Dollar is used when it comes to accommodations and souvenirs. And something to note, the Jordanian dinar is only used in the West Bank. Not Gaza. The only currency union the whole of Palestine is in is with Israel in the Israeli new sheqel union
Random fact: Romania and Bulgaria practically use the same name for the currency: lion/lions (Ro: leu/lei, Bg: lev/leva). There were some coins with a lion emblem in circulation in this side of the Ottoman Empire.
Being so valuable, soldiers in the Roman army were sometimes paid with salt instead of money. Their monthly allowance was called "salarium" ("sal" being the Latin word for salt). This Latin root can be recognized in the French word "salaire" - and it eventually made it into the English language as the word "salary."8 Nov 2014 There you go
Regarding your map at 1:02 : we in Czech republic also use currency named similar to light blue colour you have for Norway, Sweden, Iceland and Denmark. It is called "czech koruna" (meaning czech crown) similar to "krone" in swedish in your map legend.
The swiss francs banknote you use at 4:59 is from the sixth banknote series. Currently we use the ninth one. It is a bit strange to look at "your currency" but never have seen it in real life.
At 9:30 when he started talking about the knives he just said the description on the Wikipedia article about it, The Wikipedia article says this , a prince who was running low on money to pay his troops allowed them to use their knives as a form of currency to barter with villagers, and the medium became so popular that it became generally accepted
And in N Ireland, the local banks issue local NI Sterling notes. Though many in GB will refuse to accept them! Though re the Scottish Sterling notes, I personally have not found, in England or Wales, any refusal to accept them.
glad that you mentioned Greece because i spent two months living there last summer and it was so hard to find greek coins anywhere because Crete is so touristic! All i kept getting in my change was german and spanish coins mostly!!
I'm not an expert or anything, but it might be related to how Greece was bankrupt after the 2008 financial crisis, and I believe had to be bailed out 2 times by the EU, before they said enough. Greece was one of the countries hit hardest in Europe, the other being Iceland (which at one point was joked about, that you could buy the whole country for 50 kroner or was it $50, I can't remember). After the crisis in Greece, I remember reading that some started in a few places to use Bitcoin, because that had remained unaffected by the crisis and was not bound to the same FIAT currencies that everything else is. What I'm getting at is, that Greece might have slowed down their own printing of money and tried relying on their turisme business to help boost their economy and by using the other EU countries who use Euros to make up for their own.
@@TigonIII Greece is in Euro zone, so they don't print any money by themselves. That's why Greece is so indebted, because they could not print any money. I think what Connor is saying is that there is so much tourism is Crete, that the place was filled with German and Spanish Euro coin.
For oldest currency you could also argue for the US dollar since it is almost totally unchanged since the 1790's (The British Pound decimalized) or the Russian Ruble however it was interrupted by the Soviet Union it was decimalized in 1740 . For historic currency Thalers and Spanish milled dollar(Thaler to dollar could be great) may have been worth a mention but overall a neat video
The Iranian riyal is the official name but the vast majority of people refer to the money as toman. 1 Toman is equal to 10 Riyals. Everywhere you go in Iran they will say the price in tomans and the only place you'll hear riyals is in a bank. By the way the rough price of 1 dollar is about 22,000 toman (we say 22 toman for short).
I have seen so many people on TH-cam talking about a particular person they trade and invest with ,please don’t fall for that anymore if you want to go into anything investment cryptocurrency forex mining or anything investment do that with a company platform not an individual that someone will come up here and talk about
I just don't get why it can't be spelt "Kiribas" in English. "Göteborg" is "Gothenburg", "Warszawa" is "Warsaw", even "Deutschland" is "Germany", so why can't "Kiribati" be "Kiribas"?
@Carver well yes in the kiribati language it’s pronounced kiribas but in English the ti is pronounced so you’re being a smartass for no reason he pronounced it right.
The Hong Kong dollar is quite unique, that its bank notes (except $10) are printed by three private banks (HSBC, Standard Chartered, Bank of China), owing to the fact Hong Kong doesn't have an actual central bank (we have the Hong Kong Monetary Authority, instead).
@@hedone13x It sounded like "zloti", but It's actually other. It spells "złoty", and It's a little hard for non-polish to say it. "Ł" or "ł" is like reading "W" in words like "win", but it's actually harder with the last letter. You can read "y" like in word "Myrtle". It's really hard to write a sound tho.
It wasn't just huge bags of coins used in sweden. Currency called Plootu (in finnish) was also used, which were just large copper blocks moved with carts. Since you brought sweden up, the name of currency in scandinavia up to this day. would also be nice to add. Called literally "crown", since they were issued by king.
Another example similar to the ancient Chinese knife money is the use of axe heads in bronze age Britain. Their design was slightly different from tool axe heads that show evidence of use, indicating they were cast with the intention of being a currency. Though they retained a socket and enough mass on the striking edge to be used as axes if sharpened, meaning they could be functional axe heads, many of them were never used. They also had value as a unit of bronze, because when iron/steel was introduced as a material, and the value of bronze collapsed, these axe heads lost enough of both utilitarian and intrinsic value for hordes of them to be abandoned.
The first map is interesting. But as some other already mentioned, it could be more accurate, concerning the Coruna/Crown/Krone or the same origin of Lira and Pound. And maybe there also should be a category for Dirham... you can find several Dirham-currencies, even the Armenian Dram is related. These derive from the greek Drachme. The relation between currency names is really interesting. And did you know, the Dollar comes from the european Thaler? It first war coined in a small village near my hometown. Joachimstal in Bohemia
small fact about Tunisia: while our currency is the Dinar, the cent to the Dinar is called Millime, so 1000 Millimes =1 Dinar. and while that's the case most of the day we count money and transactions with Millimes instead of Dinars and while the official name is Millimes everyone just calls them Francs
Your siwss Frank that you put in your video isnt only the outdated version. the version that replaced that one has been raplaced a couple years ago. Good video tho.
The US Dollar is gradually becoming a worldwide currency. Most countries accept it as a legal tender in addition to thier own country's actual currency.
A funny thing about roman coins is that we can physically observe the inflation. Size of denarii decreased through times. Also, sometimes roman imperial administration cheated on the value of coins. For instance, you can find some silver denarii stuffed with bronze, which can only be observed with the erosion of the metal.
Many years back when I visited the BofE museum, I was surprised to find that they printed many other countries currencies, I think if I remember it was nearly 100.
Salt was actually used as a currency for a time in ancient times (hence, the modern-day word "salary", which is among numerous words derived from the root of salt), due to the critical importance of needing it to preserve food stocks prior to the creation of refrigerators/freezers and artificial preservatives (and that it was hard to obtain, depending on location). Two notable instances were i) Roman soldiers sometimes being paid in salt (though this is disputed); and ii) the Chinese Emperor paying his workers in salt to entice them to build the Great Wall of China, especially during times of low financial reserves.
@@kacperwoch4368 if I remember correctly, the inhabitants of the islands had no symbol to represent the sound "s", and it was easier to make a digraph to represent it than it would be to teach everyone a new symbol, and it's their "warped" way to say "Gilbert Islands". So the country is pronounced Kiribas, and the biggest island is Kiritimati: Kirismas (christmas), and there are some very interesting town names there (Poland, Paris, London, Banana).
My brother and friend got it on Xbox One X and it was still terrible, being in a party with them playing it was hilarious though just hearing everything not working.
Something else worth mentioning. Many of the Asian coin monies have holes in them so they can be strung together for transportation and storage. At least that's what I've been told.
Asia is a huge continent so that could be true in some countries today or at some point in the past I guess. But I do know modern Japanese coins mostly _don’t_ have holes in them *except* for the ¥5 and ¥50 coins
What's your favourite currency?
Bitcoin
I liked our old Latvian lats. In addition to their standard designs, our Central Bank issued coins of 23 alternative designs. They were not commemorative coins, but really used in circulation. Some people collected them, and it was really nice to suddenly get a coin with a snowman or a heart-shaped gingerbread as a change at the till of Your local supermarket.
Of course, there were also commemorative coins, 99 of them.
Dinero
Euro!
Czech Koruna should be part of the "Crown" group in the map.
You're right!
@@yodamaster445 ay now thats beyond bullshit
@@yodamaster445 I think it could be originaly from koruna too because it sounds little-bit like it. koruna --) kuna ( remove o,r ). But I am not sure about it.
@@yodamaster445 But kuna doesn't directly translate to crown, does it?
@@martinplay2848 i think this needs further linguistic research before it can be claimed.
The Chinese renminbi actual name is Yuan. The Korean Won, Japanese Yen and Chinese Yuan seems to stem from the same word.
In China, the earliest money was actually sea shells. Later, perhaps due to standardisation, the Shang Dynasty made coinns that looks like sea shell. Up till modern days, sea shell 贝，still forms many Chinese words for money, such as 财 property, or 宝precious (in the traditional form寶).
That sea shells thing is interesting. I wonder what inland people (who had no access to sea shells) used?
I thought it comes from "round"
@@risannd makes no sense as they wouldn't make it from English.
@@leadharsh0616 She was probably referring to the Chinese of round, and i think that makes sense
@@Cujo5 Late, But China used to be pretty small and close to the coast, so that was when they used it, other then that they would just transport it to them, only other way.
You know it’s a good video when Prussia’s glory is playing in the background
"Happy prussian noises"
Indeed! The moment the video started i dropped everything and started saluting to my Prussian Flag lol
Came here to say the same lmao
PREUßENS GLORIA
@@dataexpunged2827 i was gonna say that
Don’t “make it rain” with knife money. Strippers hate it.
HAHHAGAHAHAHAHAHAH
Did you ever get a cut from the currency? Strippers won't love that too.
@@anupamtiwari5587 Friend: You look like it was profitable for you today
1:30 I believe that there's (at least 1) mistake. Czech rep. is marked purple for "other" but we actually use Czech Crowns (Koruna)... Now I know that it's not exactly written "krone" like they use up north but it's basically the same...
Yep, just commented the same.
"Czechia" is shorter than the awkward "Czech rep."
Korunavirus
@@Liggliluff
The chad “Czech republic”
vs.
The virgin “Czechia”
@@jwaj But what if the country becomes a monarchy?(i say this because i just discovered there's a monarchist party in the country)
Turkish Lira should be listed under the "pound" category on the map, they both derive from the Latin "libra" (which is why the pound the weight is abbreviated "lb".
Also, it's not unique since Italy and others had Liras too
syria and lebanon also have "lira" but in english they call it pound
It should not be drawn from the root of the word. It is usually drawn from the name of a minted coin that was widely used. Like the coin minted in the valley Joachimstal (Tal - valley, from the valley -taler = Taler = Dollar). And then the currency based on each other, French francs to the currency of former colonies.
that is a good point in my language (Slovak) we call the pound "libra" and the Turkish lira is "líra", also the former Italian currency is called "líra" as well, so it would make sense that it was derived from the same word.
Came here to mention this lol
In fact in the french Polynesia, New Caledonia and Wallis and Futuna they use the pacific franc which is beautiful and very colorful
Turkish lira (much like old Italian lira) means pound, as it comes from Latin. The symbol for pound in UK is £, which is a stylised "lb" which comes from the same Latin word: libra
I dont feel like the “coming up“-thingy in the beginning is necessary
I agree, great video tho
Agree, I skip it.
I think it is somehow a way to work the algorithm. I've seen other chanels beginning to use it. I don't know what i think about it
"złoty" means golden, which was supposed to replace gold, so it is probably the most appropriate name of the currency.
But the name that make that currency unique.
The best joke is that, contrary to USD, GBP or CHF, złoty has never been backed by gold. :)
Today's Polish złoty is the fifth currency of that name in less than 100 years. WW2 and communism were not a good environment for our currency(-ies)
(1:30) - Turkish lira is based on libre, the same origin as pound. There's several countries having names based on libre. That includes Turkey.
- Czechia also has a currency based on the same meaning behind krona/krone, being crown
- Chinese "yuán" and Japanese "(y)en", comes from the same origin: 圓
Lebanon's currency is colloquially called the lira but the video labels it along with the pound
name origin comes from weighing. which is same as in latin (libre) pound comes from latin. most of eu countries currencies was use libre, means weighing. that doesn't means these countries or turkey was a british colony like you mean. you may think libre is like trading in ancient era. getting something and paying equally same amount. according to you we could say british is roman colony right? almost every country is independent now, and some countries was independent for 5000 years. you better think what you are talking about.
@Mert K I ment same thing. Both coming from libre meaning pound, and many eu countries were use currencies named pound. But pound is common name that's why ypu missunderstood me
1:33 fun fact: "Złoty" literally translates to gold
thought it means "yellow" too
Actually it's "golden"
@@arbuzwatermelon2242 yup
@@YuraK25 those are two different, but really similar words, so it could be confusing for not native speakers. Złoty (as currency) means golden and żółty means yellow ;p
Złoty actually has two meanings - golden colour or something made of gold and name of currency refers to coins made of gold.
@@YuraK25 who told you that
The Swiss Franc is interesting because its coins have virtually the same design since the 1870ies. In this sense its probably the 'oldest currency'...
The oldest Swiss franc coin I own is a 0.10 francs piece from 1879
@Nicolas Chaperon the older 1/2, 1, 2, and 5 francs coins were also silver, now copper nickel, but they are all still legal tender.
@Nicolas Chaperon of course. but not everyone are aware of the possible silver content, which is why you still can stumble upon them among the circulating coins.
2:13 isn't acually right, the map said Kron/Krone which would be translates into crown, if it would be the trasnlation of crown the Czech republic would be in it, as whe use the Koruna(Crown)
Similarly, Brazil should be brown like the Arab countries whose currency is Riyal, because all those currency names derive from the Medieval Portuguese Real.
I think the Turkish Lira is also just a local name for pound. Italians also called both the British and their own pre-Euro currency Lira.
Slovaks also used Koruny
@@sohopedeco They all go back to the Latin libra (meaning 1 lb of silver - it's even the symbol for the weight unit), so you might call the British Pound a local name for Lira.
@@sohopedeco Yeah, lira comes from basically Latin word libra, which is equal to pound.
Best geography TH-camr along with Geography Now, WonderWhy and Khanubis. Love it!
Thanks! :)
@@General.Knowledge also question. I’ve always been interested😂, where are you from? (As in what country)
@@charlierichards5865 He's from Portugal.
@@NeoZeta ah nice cheers
In fact there s too many of them. Inflation is occuring. Meaning im starting to get annoyed with the sheer volume of it all.
"and some Pacific islands"
some Caribbean islands use the US Dollar too! Turks and Caicos, British Virgin Islands, Bonaire, Sint Eustatius, and Saba! There's also a South African rand union you didn't mention between Lesotho, South Africa, eSwatini, and Namibia as well as a CFP (Change Franc Pacifique) franc union between French Polynesia, New Caledonia, and Wallis & Futuna. The world is filled with currency unions!
Although not officially a common currency
The U.S. dollar is used in Mexico depending on the circumstances
Whether its trading, or buying stuff from friends, or illegal activities like drugs
aswell between friends and drugs lmao
Thank you very much for making this video. I am a world coin/currency collector myself and this video gave a lot of very detailed points if there was anyone out there watching this video and didn't know that much about the topic.
yuan, won and yen are the same word with different spelling
I knew Yuan and Yen were connected (though the character has been simplified differently in each country), and I suspected Won may have the same connection too, so thanks for confirming my suspicion (or at least letting me know that I’m not the only to think this)
@@redapol5678 That is correct, though the languages have evolved the writings seperately they all mean the same thing. Yen(円), Yuan/RMB(元) and Won all mean "round" or "circle" as in coins.
You don’t know Kanji, so yen, yuan and won are different words.
@@tigeriontigerion9112 I certainly don’t know the hanja for won but I do know the kanji for yen 円 and the hanzi for yuan 元 (as the person above has indicated). Though they don’t look similar, they are both different simplifications of the traditional character 圓
@@tigeriontigerion9112 and with a bit of searching, turns out that that traditional character is the exact hanja used for won 圓
TH-camR MAIS UNDERRATED DA TUGA FOR SURE 💪🏻🔥
mesmo asério
Eu acho legal o fato dele ser português mas tem um sotaque de brasileiro quando fala inglês.
@@jalexsilva8162 Mas não tem(?), nada a ver.
Obrigado :)
@@jalexsilva8162 não tem, não tem mesmo.
I love your channel man, how you present the info, the info itself, how you explain it clearly with no hesitation. Just a pretty nice channel and fulfilling the high curiosity of geographichistoricpolitic knowledge akdjskdj
That Cyber Punk shade had me laughing for a few minutes
Why?
Same
In Romanian we call the British pound and Turkish lira in the same way: lira/lire
it's the same root, lira derives from libra, pound.
In Spanish they are not the same, but still similar
Lira is the same, and the Pound is called Libra
British pound (pound sterling) is known in Brazil as "libra esterlina".
In greek too
Also, the pound(unit of mass) is livră/livre
4:30 You forgot about the South African Rand. It is also used (legally) in Namibia, Lesotho and eSwatini. I love your TH-cam channel!
Yebooooooooooo
Rand is a bad word in my language.
@@6ix9inetechashy 😂😂😂Well it's the south african currency
@@thembinkosikissama8764 it means like when a woman sleeps with a stranger and has a kid, she is called as a rand/randi
@@6ix9inetechashy rand means slut in hindi/ urdu and other Indian languages
Probably already mentioned a thousand times, but Brazil uses the Reaal/Reais, which means it could have been grouped with your brown colour (rial/riyal). Great video nonetheless :-) .
10:15 about the origins of the word "salary" and the "some regions that used salt as payment" lol
It derives from Latin "salarium" ("salario" in Italian), "an allowance, a stipend, a pension".
During Roman times salt was incredibly valuable and used as a currency. To these there's a famous major road that leads Rome to the Tyrrhenian sea called "Via Salaria", literally "The Road of Salt".
1:04 Czechia's currency is the Koruna, which is Czech for crown (same as krona in swedish)
Fun fact: more than 99% of people are millionaires in Venezuela
Even in Zimbabwe 🇿🇼 !!!
You must be kidding, all of them are from Mars
No seriously 😳
9:26 I think when the noble said soldiers they can use knives to bargain with the tradesmen he actually implied something else. But it's nice how it turned out.
The Czechs uses Crowns too as Scandinavia. The map lies.
fun fact: the bolivar had 8 zeros removed (3 the first time and 5 the second one), so in order to represent theactual inflation, 1 euro is worth 58 000 000 000 000 old bolivars. also since this video was put up the bolivar lost some value, it is now 226 073 894 000 000 euros and it will be worth even less tomorrow.
Cambodia's currency is called the "Riel". Many people think it came from a small fish with a similar name, but it probably came from the Spanish real used by merchants in the mid-19th-century in Cambodia.
You missed the Indian Rupee that has monetary alliances with Nepal and Bhutan. Also the rupee was so strong that its legacy was seen in the Sri Lankan, Mauritius, Seychelles, East Aftican, Cocos Islands, Burma, Gulf Rupee etc. India printed notes for the Gulf till the late 60s and burma till 1947. Burma separated from India in 1935 and we also printed for Pakistan till 1948. You may want to do a separate video on Indian money.
While the HK Dollar is used in Macau, the Macanese pataca is preferred. Which is backed by the HK Dollar.
also fun fact, while the NZ Dollar is the official currency of Pitcairn, the US Dollar is used when it comes to accommodations and souvenirs. And something to note, the Jordanian dinar is only used in the West Bank. Not Gaza. The only currency union the whole of Palestine is in is with Israel in the Israeli new sheqel union
North Korean used North Korean Won right?
Random fact: Romania and Bulgaria practically use the same name for the currency: lion/lions (Ro: leu/lei, Bg: lev/leva).
There were some coins with a lion emblem in circulation in this side of the Ottoman Empire.
Also Moldova.
Being so valuable, soldiers in the Roman army were sometimes paid with salt instead of money. Their monthly allowance was called "salarium" ("sal" being the Latin word for salt). This Latin root can be recognized in the French word "salaire" - and it eventually made it into the English language as the word "salary."8 Nov 2014
There you go
Regarding your map at 1:02 : we in Czech republic also use currency named similar to light blue colour you have for Norway, Sweden, Iceland and Denmark. It is called "czech koruna" (meaning czech crown) similar to "krone" in swedish in your map legend.
The swiss francs banknote you use at 4:59 is from the sixth banknote series. Currently we use the ninth one.
It is a bit strange to look at "your currency" but never have seen it in real life.
@4:27 The New Zealand 20 cent coin is regularly accepted by Australian merchants, and sometimes other Kiwi coins are too.
Really? I'm a Kiwi and it's the first I've heard of it. Our currency is worth less, so I don't see why it would be.
At 9:30 when he started talking about the knives he just said the description on the Wikipedia article about it, The Wikipedia article says this , a prince who was running low on money to pay his troops allowed them to use their knives as a form of currency to barter with villagers, and the medium became so popular that it became generally accepted
Love the Peruvian Soles for obvious reasons. Besides that, it is a pretty cool and respectable currency in South America.
"The US dollar is used in the US..."
Me: ovbiously
"Panama..."
Me: Yeah makes sense
"El Salvador..."
Me: ok
"East timor..."
Me: wait what
Isle of Man used its own British pounds, plus Scotland’s bank notes are different to England/Wales.
Isle of Man currency is Manx Pound
And in N Ireland, the local banks issue local NI Sterling notes. Though many in GB will refuse to accept them! Though re the Scottish Sterling notes, I personally have not found, in England or Wales, any refusal to accept them.
Love yoir YT chanell ! Keep making videos !
Video: *talks about currencies*
Background music: *marches in prussian*
glad that you mentioned Greece because i spent two months living there last summer and it was so hard to find greek coins anywhere because Crete is so touristic! All i kept getting in my change was german and spanish coins mostly!!
I'm not an expert or anything, but it might be related to how Greece was bankrupt after the 2008 financial crisis, and I believe had to be bailed out 2 times by the EU, before they said enough. Greece was one of the countries hit hardest in Europe, the other being Iceland (which at one point was joked about, that you could buy the whole country for 50 kroner or was it $50, I can't remember). After the crisis in Greece, I remember reading that some started in a few places to use Bitcoin, because that had remained unaffected by the crisis and was not bound to the same FIAT currencies that everything else is.
What I'm getting at is, that Greece might have slowed down their own printing of money and tried relying on their turisme business to help boost their economy and by using the other EU countries who use Euros to make up for their own.
@@TigonIII
Greece is in Euro zone, so they don't print any money by themselves.
That's why Greece is so indebted, because they could not print any money.
I think what Connor is saying is that there is so much tourism is Crete, that the place was filled with German and Spanish Euro coin.
A turtle approved these currencies around the world
some Brazilian currency notes have a turtle on their backs
Persian turtle?
For oldest currency you could also argue for the US dollar since it is almost totally unchanged since the 1790's (The British Pound decimalized) or the Russian Ruble however it was interrupted by the Soviet Union it was decimalized in 1740 . For historic currency Thalers and Spanish milled dollar(Thaler to dollar could be great) may have been worth a mention but overall a neat video
The Iranian riyal is the official name but the vast majority of people refer to the money as toman. 1 Toman is equal to 10 Riyals. Everywhere you go in Iran they will say the price in tomans and the only place you'll hear riyals is in a bank. By the way the rough price of 1 dollar is about 22,000 toman (we say 22 toman for short).
Cool video! Was took by surprise when Hakkapeliittain marssi started playing at 4:18 :)
I have seen so many people on TH-cam talking about a particular person they trade and invest with ,please don’t fall for that anymore if you want to go into anything investment cryptocurrency forex mining or anything investment do that with a company platform not an individual that someone will come up here and talk about
Cryptocurrency is the future. Investing in it will be the wisest thing to do especially with the current rise.
Mohammed Ali Yes, no doubt. Bitcoin investment is a good business
Rose Campbell Indeed,Trading has high intensity.
@Catar Brown the best platform i know is Tradingfxstation
@Catar Brown you can go to their website
First love your content very fascinating enjoy seeing more of it in the coming weeks!
I noticed one country which the map did not represent correctly - Zimbabwe also uses "dollars". Otherwise a very good video.
Aah yes and in the old days Zimbabwe, with mega inflation, issued its then own currency in millions on its old notes..
@@davidlally592 I've just checked and during the hyper-inflation period the highest valued bank note (issued 16 Jan 2009) was $100 trillion !!!
Great vid! Would love a video about the people/places on currencies.
5:10 This is the old swiss bill. Not even the last one (which is still to be seen sometimes), but the one before it.
Its like 30 years old and cannot be used for payments anymore
Great video!
The Turkish Lira is the same word as Pound (British and others). That's why the Pound simbol is "L". Lira and Libra are the same word.
2:10 Czechia uses crown too
4:02 *Kiribati is pronounced Kiribas. Great video, no hate, just wanted to tell you that so you know it for the future :)
True, even experts make mistakes like that!
Really? Where does the "ti" go, then?
I just don't get why it can't be spelt "Kiribas" in English. "Göteborg" is "Gothenburg", "Warszawa" is "Warsaw", even "Deutschland" is "Germany", so why can't "Kiribati" be "Kiribas"?
@Carver Very interesting, thanks. It's a whole different concept as to how I'm used to see those letters used.
@Carver well yes in the kiribati language it’s pronounced kiribas but in English the ti is pronounced so you’re being a smartass for no reason he pronounced it right.
Very educational! Great job
Lira is Italian for pound, derived from Latin libra, hence lbs for pounds. Turkish lira are really Turkish pounds.
A wonderful video. Maybe some more details be mentioned about the Rupee system, as well...
Me waiting to Peso to be mentioned and explained: 👁️👄👁️
The Hong Kong dollar is quite unique, that its bank notes (except $10) are printed by three private banks (HSBC, Standard Chartered, Bank of China), owing to the fact Hong Kong doesn't have an actual central bank (we have the Hong Kong Monetary Authority, instead).
In Bosnia and Herzegovina we use convertible mark (konvertibilna marka) and Croatia uses kuna
Actually in early 2023, not only did Croatia/Hvratska join Schengen, but it is now using the Euro, with its own local Kuna being phased out...
@@davidlally592 That's correct and all but nobody knew that two years ago when I posted this comment
Well condensed and explained very well thanks
1:33 Lol I love when non-polish try to say polish words xD
Can you spell how it sounded for you?
Kurwa
@@hedone13x It sounded like "zloti", but It's actually other. It spells "złoty", and It's a little hard for non-polish to say it. "Ł" or "ł" is like reading "W" in words like "win", but it's actually harder with the last letter. You can read "y" like in word "Myrtle". It's really hard to write a sound tho.
@@enzogalicia6071 kurwa :D
@@shounen_A yeah, but he also said "ł" too much like "l"
The currencies of China, Korea and Japan derive their name from yuan , so it would be another currency family.
Puerto Ricans use the word Peso for the USA Dollar also.
It wasn't just huge bags of coins used in sweden. Currency called Plootu (in finnish) was also used, which were just large copper blocks moved with carts.
Since you brought sweden up, the name of currency in scandinavia up to this day. would also be nice to add. Called literally "crown", since they were issued by king.
7:54 So... if you own 2 euros in Venezuela, you're a millionaire.
Another example similar to the ancient Chinese knife money is the use of axe heads in bronze age Britain. Their design was slightly different from tool axe heads that show evidence of use, indicating they were cast with the intention of being a currency. Though they retained a socket and enough mass on the striking edge to be used as axes if sharpened, meaning they could be functional axe heads, many of them were never used. They also had value as a unit of bronze, because when iron/steel was introduced as a material, and the value of bronze collapsed, these axe heads lost enough of both utilitarian and intrinsic value for hordes of them to be abandoned.
I love how it has Preußens Gloria in the background
Preussens
@Muhammad Ghery Haikal aqsa the ß means double s in German.
Source: am german
The first map is interesting. But as some other already mentioned, it could be more accurate, concerning the Coruna/Crown/Krone or the same origin of Lira and Pound.
And maybe there also should be a category for Dirham... you can find several Dirham-currencies, even the Armenian Dram is related. These derive from the greek Drachme.
The relation between currency names is really interesting.
And did you know, the Dollar comes from the european Thaler? It first war coined in a small village near my hometown. Joachimstal in Bohemia
Of course the scandinavians call their money crowns, we're the kings of countries !
You're the Kings of neo-marxists
Czech Republic also has crowns
@@Lloyd1808 maybe by Americans eye but really No.
Your the kings of high taxes
But Czech Republic with their crowns is in Central Europe, not in Scandinavia. 🤔
small fact about Tunisia: while our currency is the Dinar, the cent to the Dinar is called Millime, so 1000 Millimes =1 Dinar. and while that's the case most of the day we count money and transactions with Millimes instead of Dinars and while the official name is Millimes everyone just calls them Francs
same in Algeria
Your siwss Frank that you put in your video isnt only the outdated version. the version that replaced that one has been raplaced a couple years ago. Good video tho.
Yeah, haven't seen that in use since about 20 years.
@@MMMM-pq1cj I've lived in Switzerland all my life and cant remember having ever seen one in circulation. I'm 21
Your videos are always amazing. How do you do them? It looks like an enormous amount of work to do the animated drawings.
Me: *thinks about something*
General Knowledge: *makes a video about what I'm thinking*
Like seriously😂
The US Dollar is gradually becoming a worldwide currency. Most countries accept it as a legal tender in addition to thier own country's actual currency.
Yes! 2 Minutes after it was released
That's what she said.
Muito bem produzido este vídeo. Obrigado 🙏
You missed this small one!
The Indian Rupee can also be used freely throughout Bhutan, alongside Bhutan Ngultrum
A funny thing about roman coins is that we can physically observe the inflation. Size of denarii decreased through times. Also, sometimes roman imperial administration cheated on the value of coins. For instance, you can find some silver denarii stuffed with bronze, which can only be observed with the erosion of the metal.
7:44 That Vietnamese currency reminds me of how the Vietnam War went in the Watchmen Universe
What do you mean?
Many years back when I visited the BofE museum, I was surprised to find that they printed many other countries currencies, I think if I remember it was nearly 100.
Wow didn't know that.
Imagine going to the bank with a knife as usual.
Salt was actually used as a currency for a time in ancient times (hence, the modern-day word "salary", which is among numerous words derived from the root of salt), due to the critical importance of needing it to preserve food stocks prior to the creation of refrigerators/freezers and artificial preservatives (and that it was hard to obtain, depending on location). Two notable instances were i) Roman soldiers sometimes being paid in salt (though this is disputed); and ii) the Chinese Emperor paying his workers in salt to entice them to build the Great Wall of China, especially during times of low financial reserves.
The map is kinda wrong, in Romania and Bulgaria they named they currency the same. Leu/Lev
0:55 Most common names. He never said that all other currencies have distinct names
Great video as always!
Do you have a link to the map used at 5:50? Thanks :)
7:44 vietnamese dong kkkkkk a quinta série dentro de mim grita forte com um nome desses kkkkkk
KKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK
At 3:10 in the shown list of the national sides of the Euro coins Andorra 🇦🇩 is missing.
"i dont need school i need youtube"
- Random indian
Great work
4:06. It's pronounced "Kiribass". The 'ti' sound like ss.
It's a corruption of the original name (Gilbert Islands).
Why? Who came up with ti=s?
@@kacperwoch4368 if I remember correctly, the inhabitants of the islands had no symbol to represent the sound "s", and it was easier to make a digraph to represent it than it would be to teach everyone a new symbol, and it's their "warped" way to say "Gilbert Islands".
So the country is pronounced Kiribas, and the biggest island is Kiritimati: Kirismas (christmas), and there are some very interesting town names there (Poland, Paris, London, Banana).
Hey, the Discord invite link seems to be expired. Can you do something about that?? Would love to get in the server.
First second and he’s talking about knife money 🤪😂
You should make a video overviewing extinct nations their borders politics Money geography etc
0:22 Cyperpunk 2077 ^^ I still regret the buying the game. Its horrible on Xbox one and PS4
My brother and friend got it on Xbox One X and it was still terrible, being in a party with them playing it was hilarious though just hearing everything not working.
Something else worth mentioning. Many of the Asian coin monies have holes in them so they can be strung together for transportation and storage. At least that's what I've been told.
Asia is a huge continent so that could be true in some countries today or at some point in the past I guess. But I do know modern Japanese coins mostly _don’t_ have holes in them *except* for the ¥5 and ¥50 coins
Mm at least one of Norways kroner has a hole in the middle..!!