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Piastre
The piastre or piaster () is any of a number of units of currency. The term originates from the Italian for "thin metal plate". The name was applied to Spanish and Hispanic American pieces of eight, or pesos, by Venetian traders in the Levant in the 16th century. These pesos, minted continually for centuries, were readily accepted by traders in many parts of the world. After the countries of Latin America had gained independence, pesos of Mexico began flowing in through the trade routes, and became prolific in the Far East, taking the place of the Spanish pieces of eight which had been introduced by the Spanish at Manila, and by the Portuguese at Malacca. When the French colonised Indochina, they began issuing the new French Indochinese piastre (''piastre de commerce''), which was equal in value to the familiar Spanish and Mexican pesos. In the Ottoman Empire, the word ''piastre'' was a colloquial European name of Kuruş. Successive currency reforms by debasing the Ot ...
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French Indochinese Piastre
The piastre de commerce ("trade piastre") was the currency of French Indochina between 1887 and 1954. It was first used in 1885. It was subdivided into 100 ''cents'', each of 2~6 '' sapèques''. The name '' piastre'' (), from Spanish pieces of eight (pesos), dates to the 16th century and has been used as the name of many different historical units of currency. Denominations The currency of French Indochina was divided into the ''piastre'', ''cent'' / ''centime'', and '' sapèque'' units. One ''piastre'' equals 100 cents and one cent equals between 2 and 6 ''sapèques'' depending on the dynasty and reign era.Phạm Thăng. Tiền tệ Việt Nam theo dòng lịch sử. Toronto, Canada. Date: 1995. (in Vietnamess). Page 159. According to that ratio, a French Indochinese piastre coin is worth from 200 to 600 traditional Vietnamese cash coins. The obverse of the banknotes and coins were inscribed in the French language, while the reverse side had inscriptions written in Tradi ...
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Lebanese Pound
The lira or pound is the currency of Lebanon. It was formerly divided into 100 piastres (or ''qirsh'' in Arabic) but, because of high inflation during the Lebanese Civil War (1975–1990), subunits were discontinued. The plural of lira is either ''lirat'' ( ) or invariant, whilst there are four forms for ''qirsh'': the dual ''qirshān'' () used with number 2, the plural ''qurush'' () used with numbers 3–10, the accusative singular ''qirshan'' (قرشًا) used with 11–99, and the genitive singular ''qirsh'' (قرش) used with multiples of 100. The number determines which plural form is used. All of Lebanon's coins and banknotes are bilingual in Arabic and French. From December 1997 through January 2023, the exchange rate was fixed at LL 1,507.50 per US dollar. However, since the 2020 economic crisis in Lebanon, exchange at this rate was generally unavailable, and an informal currency market developed with much higher exchange rates. On 1 February 2023, the Centr ...
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Egyptian Pound
The Egyptian pound ( ; abbreviations: £, E£, £E, LE, or EGP in Latin alphabet, Latin, and in Arabic script, Arabic, ISO 4217, ISO code: EGP) is the official currency of Egypt. It is divided into 100 piastres, (or qirsh, ; ''plural'' ; abbreviation: PT, short for "piastre tarif")) and was historically divided into 1,000 milliemes (  ; , abbreviated to ''m'' or ''mill''). Since July 6, 2022, the 10- and 20-pound notes have been made out of polymer plastic paper. History At the beginning of the 19th century, Ottoman Egypt, Egypt and Ottoman Empire, Turkey shared a common currency, the Ottoman piastre, divided into 40 Para (currency), paras. However, under Muhammad Ali of Egypt, Muhammad Ali, Egypt started to issue its own coinage, and in 1834, , a decree was issued, adopting an exclusively Egyptian monetary system whereby Egypt went into a silver and gold bimetallic standard based on the Maria Theresa thaler rated at 20 piastres. The Maria Theresa thaler was a popular ...
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Pieces Of Eight
The Spanish dollar, also known as the piece of eight (, , , or ), is a silver coin of approximately diameter worth eight Spanish reales. It was minted in the Spanish Empire following a monetary reform in 1497 with content fine silver. It was widely used as the first international currency because of its uniformity in standard and milling characteristics. Some countries countermarked the Spanish dollar so it could be used as their local currency. Because the Spanish dollar was widely used in Europe, the Americas, and the Far East, it became the first world currency by the 16th century. The Spanish dollar was the coin upon which the original United States dollar was based (at ), and it remained legal tender in the United States until the Coinage Act of 1857. Many other currencies around the world, such as the Japanese yen and the Chinese yuan, were initially based on the Spanish dollar and other 8-real coins. Most theories trace the origin of the "$" symbol, which originally ...
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10 Egyptian Piasters
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ...
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Pound Sterling
Sterling (symbol: £; currency code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound is the main unit of sterling, and the word '' pound'' is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency in continuous use since its inception. In 2022, it was the fourth-most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the renminbi, it forms the basket of currencies that calculate the value of IMF special drawing rights. As of late 2022, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Sterling banknotes issu ...
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South Vietnamese đồng
The đồng (銅), also called the piastre, was the currency of South Vietnam from 1953 to 2 May 1978. It was subdivided into 100 ''xu'', also written ''su''. First đồng, 1953 to 1975 History In 1953, the Vietnam branch of the Institut d'Émission des États du Cambodge, du Laos et du Viet-nam issued notes dual denominated in piastre and đồng. At the same time, the two other branches of the Bank made similar issues with the riel in Cambodia and the kip in Laos. The đồng circulated in those parts of Vietnam not under the control of the Communist forces, which by 1954 coincided with South Vietnam. Coins denominated in su were also introduced in 1953. In 1955, an independent issue of đồng banknotes was produced by the National Bank of Vietnam. Coins In 1953, 10, 20 and 50 su coins were introduced. In 1960, 1 đồng were added, followed by 10 đồng in 1964, 5 đồng in 1966 and 20 đồng in 1968. 50 đồng were minted dated 1975 but they were never shipped ...
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Vietnam
Vietnam, officially the Socialist Republic of Vietnam (SRV), is a country at the eastern edge of mainland Southeast Asia, with an area of about and a population of over 100 million, making it the world's List of countries and dependencies by population, fifteenth-most populous country. One of two communist states in Southeast Asia, Vietnam shares land borders with China to the north, and Laos and Cambodia to the west. It shares Maritime boundary, maritime borders with Thailand through the Gulf of Thailand, and the Philippines, Indonesia, and Malaysia through the South China Sea. Its capital is Hanoi and its largest city is Ho Chi Minh City. Vietnam was inhabited by the Paleolithic age, with states established in the first millennium BC on the Red River Delta in modern-day northern Vietnam. Before the Han dynasty's invasion, Vietnam was marked by a vibrant mix of religion, culture, and social norms. The Han dynasty annexed Northern and Central Vietnam, which were subs ...
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Laos
Laos, officially the Lao People's Democratic Republic (LPDR), is the only landlocked country in Southeast Asia. It is bordered by Myanmar and China to the northwest, Vietnam to the east, Cambodia to the southeast, and Thailand to the west and southwest. The country has a population of approximately eight million. Its Capital city, capital and most populous city is Vientiane. The country is characterized by mountainous terrain, Buddhist temples, including the UNESCO's World Heritage Site of Luang Prabang, and French colonial architecture. The country traces its historic and cultural identity to Lan Xang, a kingdom which existed from the 13th to 18th centuries. Through its location, the kingdom was a hub for overland trade. In 1707, Lan Xang split into three kingdoms: Kingdom of Luang Phrabang, Luang Prabang, Kingdom of Vientiane, Vientiane, and Kingdom of Champasak, Champasak. In 1893, these kingdoms were unified under French protection as part of French Indochina. Laos was und ...
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Cambodia
Cambodia, officially the Kingdom of Cambodia, is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. It is bordered by Thailand to the northwest, Laos to the north, and Vietnam to the east, and has a coastline along the Gulf of Thailand in the southwest. It spans an area of , dominated by a low-lying plain and the confluence of the Mekong river and Tonlé Sap, Southeast Asia's largest lake. It is dominated by a tropical climate and is rich in biodiversity. Cambodia has a population of about 17 million people, the majority of which are ethnically Khmer people, Khmer. Its capital and most populous city is Phnom Penh, followed by Siem Reap and Battambang. In 802 AD, Jayavarman II declared himself king, uniting the warring Khmer princes of Chenla Kingdom, Chenla under the name "Kambuja".Chandler, David P. (1992) ''History of Cambodia''. Boulder, CO: Westview Press, . This marked the beginning of the Khmer Empire. The Indianised kingdom facilitated ...
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Vietnamese đồng
The dong (; ; ; sign: ₫ or informally đ and sometimes Đ in Vietnamese; code: VND) is the currency of Vietnam, in use since 3 May 1978. It is issued by the State Bank of Vietnam. The dong was also the currency of the predecessor states of North Vietnam and South Vietnam, having replaced the previously used French Indochinese piastre. Formerly, it was subdivided into 10 hao (''hào''), which were further subdivided into 10 ''xu'', neither of which are now used due to inflation. The Vietnamese dong has increasingly moved towards exclusively using banknotes, with lower denominations printed on paper and denominations over 10,000 dong, worth about 40¢ dollar or euro, printed on polymer. As of 2022, no coins are used. Generally, Vietnam is moving towards digital payments. The 500,000-dong note (VND) is the highest-denomination banknote in circulation in Vietnam. The note is dark blue in color and has been in circulation since 2003. As of August 2024, the Vietnamese dong is th ...
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Lao Kip
The kip (; code: LAK; sign: ₭ or ₭N; ; officially: ເງີນກີບລາວ, lit. "currency Lao kip") is the currency of Laos since 1955. Historically, one kip was divided into 100 ''att'' () which are no longer in regular use. The term derives from ກີບ ''kì:p'', a Lao word meaning "ingot." History French Indochina The piastre was the currency of French Indochina between 1885 and 1952. Free Lao Kip (1946) In 1945–1946, the Free Lao government in Vientiane issued a series of paper money in denominations of 10, 20, and 50 att and 10 kip before the French authorities took control of the region. Royal Kip (1955) The kip was reintroduced in 1955, replacing the French Indochinese piastre at par. The kip (also called a ''piastre'' in French) was sub-divided into 100 att ( Lao: ອັດ) or '' cents'' (French: Centimes). It was pegged to the French franc at a rate of 10 francs per kip. On 10 October 1958, the kip's peg switched to the US dollar, and w ...
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