Part of a series on |
Numismatics the study of currency |
---|
Part of a series on |
Economic history |
---|
Particular histories of |
Economics events |
Prominent examples |
The history of money is the development over time of systems for the exchange, storage, and measurement of wealth. Money is a means of fulfilling these functions indirectly and in general rather than directly, as with barter.
Money may take a physical form as in coins and notes, or may exist as a written or electronic account. It may have intrinsic value (commodity money), be legally exchangeable for something with intrinsic value (representative money), or only have nominal value (fiat money).