Solidus (coin) - Impact On World Currencies

Impact On World Currencies

In medieval Europe, when the only coin in circulation was the silver penny (denier), the solidus was used as a unit of account equal to 12 denier. Variations on the word solidus in the local language gave rise to a number of currency units:

Read more about this topic:  Solidus (coin)

Famous quotes containing the words impact and/or world:

    One can describe a landscape in many different words and sentences, but one would not normally cut up a picture of a landscape and rearrange it in different patterns in order to describe it in different ways. Because a photograph is not composed of discrete units strung out in a linear row of meaningful pieces, we do not understand it by looking at one element after another in a set sequence. The photograph is understood in one act of seeing; it is perceived in a gestalt.
    Joshua Meyrowitz, U.S. educator, media critic. “The Blurring of Public and Private Behaviors,” No Sense of Place: The Impact of Electronic Media on Social Behavior, Oxford University Press (1985)

    If all things were eternall,
    And nothing their end bringing;
    If this should be, then how should we
    Here make an end of singing?
    —Unknown. If All the World Were Paper (l. 21–24)