Archive for August 2015

Paper currency had its beginnings when individuals used to bring gold coins to the bank and exchange them for a receipt from the bank, which promised to repay them for their gold coins. The ease of use and tremendous portability of these receipts are what have made paper currency the norm around the world today.…

The Thai baht is the currency of Thailand and is divided into 100 satang. It is issued by the Bank of Thailand. Its ISO 4217 code is THB, and it is the tenth most most frequently used form of currency in the world. The symbol used for the Thai baht is ฿. A Brief History…

The history of the United States is rich in movements of revolution and government re-establishment, and it is a history that can almost be told alone by its coinage. You may be familiar with today’s minted currency, but what about the coinage of just a few decades past? Here are some unusual US coins that…

The Mexican peso is the currency of Mexico and happens to be the eighth most traded form of currency in the world. The peso is subdivided into 100 centavos, and it uses the $ (or Mex$) and ¢ symbols for pesos and centavos, respectively. Its ISO 417 code is MXN. Read on for a brief…