All About the Afghan Afghani

The Afghani is the official currency of Afghanistan and is divided into subunits of 100 pul. Interestingly enough, however, there are no pul coins in circulation. Read on to learn more about the Afghan Afghani, its history, and its banknotes and coins. A Brief History The history of the Afghani can be divided into two

All About the Israeli New Shekel

The new shekel, also spelled sheqel, is the official currency of the State of Israel, and it is also used in the Palestinian territories of the Gaza Strip and the West Bank. Here is a brief overview of the new shekel’s history, banknotes, and coins. History The first major currency to be used in the

All About the New Taiwan Dollar

The currency of Taiwan (or the Republic of China) is the New Taiwan Dollar.   The currency is not divided into smaller units, and has five denominations of banknotes and five denominations of coins. It is issued by the Central Bank of the Republic of China (Taiwan).  It’s ISO 4217 code is TWD and is abbreviated

All About the Chinese Yuan (Renminbi)

A Brief History The Chinese yuan is just one form of Chinese currency in a long, colorful history of currency in China. In fact, China was one of the first civilizations to replace bartering with currency, with its currency dating back to perhaps even the 8th century B.C. By the 4th century B.C., this early

A Current Overview of the Greek Financial Crisis

Even if you aren’t well-versed in politics or international finance, chances are you have at least heard of the current financial crisis in Greece. The Greek government-debt crisis, also referred to as the Greek depression, started in late 2009 and was the first of five major sovereign debt crises in the eurozone (collectively known as

A Brief History of Greek Currency

Even if you aren’t the most avid reader of current events, chances are you have heard of the Greek financial crisis at some point since it began in late 2009. But even for those who read up on international finance on a regular basis, it can be difficult to understand what factors led to the