Archive for the ‘Money’ Category

The peseta was up to the introduction of the euro in 2002, the valid tender in Spain. In addition, the peseta was recognized in French francs in Andorra as legally valid means of payment. The Catalan word peceta was probably the namesake of this currency and means something like “little pieces” as known by the [...]

The pound sterling, in English Pound Sterling, is derived from the Roman pound (libra) from. After the abolition of the gold standard, sterling was virtually meaningless. It is used today only for comparison between the currencies included the word pound. Until 1971, many different Münznominale as Halfpenny (half penny) in circulation. The Bank of England [...]