Archive for September 2015
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…
Read MoreAll 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…
Read MoreAll 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…
Read MoreAll 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…
Read MoreA 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…
Read MoreFactors Leading Up to the Greek Financial Crisis
Last week on the blog we saw an overview of the history of Greek currency leading up to today. Now, in the midst of the Greek financial crisis, also known as the Greek debt crisis, we are going to take a look at the many factors that were involved in the eventual onset of the…
Read MoreA 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…
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