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The starting of money Concept and its Development from the 7th. Century B.C. Up to the 7th. Century A.C. | ||
| Journal of Historical studies | ||
| Article 1, Volume 0, Issue 15, 2017, Pages 55-74 PDF (0 K) | ||
| Author | ||
| Assist. Prof. Dr. Abdul Hakim Gintab Al Kahbi | ||
| Abstract | ||
| Currency appeared in a step of a cultural developmental phase. Resources show that the first coin deliberation in history was in 700 B.C. in ancient Lydia kingdom to the west of minor Asia. It seems that Lydians took the idea from the Assyrians and developed it. The use of coins in Greek was late and restricted, in compare with Lydia kingdom, only in big cities. The King Dara (522-486 B.C.) was the first one who made the silver and golden coins in ancient Iran. The currency system was highly developed in Romans state due to the existence of gold mines in its colonies. But the pre-Islamic Arab knew and dealt with Greek currency. They continued using the Byzantine and Sassanies currency (Dinar and Dirham) after the establishment of Islamic state in 622 A.D. but with Arabic-Islamic statements and epigraphy; until the first an independent Arabic-Islamic currency was made in 696 A.D. ( 77 A.H.). | ||
| Keywords | ||
| start; money; concept; Development; the | ||
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