What was the currency in Romeo and Juliet?
Coins were not just tokens, as they are today; they were worth the value of the metal from which they were made. Thus when the coinage was “debased”–the amount of gold or silver reduced–the value of the coin itself declined….The value of the coins.
|Sovereign||gold||13 1/3 to 30 shillings|
How much was a denier worth?
Around AD 755, amid the Carolingian Reforms, Pepin the Short introduced a new currency system which was eventually adjusted so that 12 pence (Latin: denarii; French: deniers) equaled one shilling (solidi; sols or sous) and 20 shillings equaled one pound (libra, librae, or lirae; livres).
What is the value of an ECU?
The European Currency Unit (ECU) was the official monetary unit of the European Monetary System (EMS) before it was replaced by the euro. The value of the ECU was used to determine the exchange rates and reserves among the members of the EMS, but it was always an accounting unit rather than a real currency.
How much is 1600 penny worth?
An English penny coined in 1600 would probably be equivalent to about 2 or 2½ American dollars today, considering what it could buy in Shakespeare’s day: a loaf of bread, for example, or a generous portion of beer.
What is Elizabethan money?
The money and currency of the period was all in coins – there was no paper money. The English pound originated from a measure of weight which was used to represent a sum of money. 240 pennies equalled a pound or 20 shillings equalled one pound. The penny was the basic monetary unit of the period.
How much was a 15th century florin worth?
In general, a florin was worth 2 shillings BUT the value of shillings varied greatly from 5d to 12d thus the number of florins to the pound or lira could also vary.
What is a gold denier?
gold by silver, introducing the denier, which was to be the basis of all medieval coinage in the north. His new coin was wider and thinner than previous silver pieces. The normal types were simple—obverse R P (for Rex Pepinus), reverse R F (for Rex Francorum).
How was the ECU calculated?
The value of the ECU was calculated every day on the basis of a basket of EEC Member State currencies, the composition of which reflected the share of each country in intra-Community trade and production. It was a notional currency whose rate represented an average of the value of the European currencies.
What replaced the euro?
Deutsche Mark. The Deutsche mark was the official currency of West Germany from 1948 until 1990. It was the official currency of the unified Germany from 1990 until 1999 when it was replaced by the euro. Mark banknotes and coins remained in circulation alongside the euro until January 1st, 2002.