Meanings of World Currency Names

This topic was created by Steve
[Mon 24 May, 7:17 Tasmanian Standard Time]

Here's a question for you travellers: What do the names of
the world's currencies mean? Are there some interesting
names that say something about the countries involved. A
couple that I find interesting are the Botswanan "Pula",
which means rain, and reflects the scarcity and the value
of rain in that country, and the Guatemalan "Quetzal",
which is named after one of the most beautiful birds in the
Central American rainforrest.

What about the meanings of "Dinar", "Escudo", "Rupee",
"Drachma", "Rand", and even "Dollar" etc.

[There are 19 posts - the latest was added on Tue 25 May, 20:28]

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  1. Here in Canada... Added by: ZOG
    [Timestamp: Mon 24 May, 7:28 Tasmanian Standard Time]

    ...our unit of exchange is called a "loonie". This is
    derived from an old Mohawk Indian phrase, "looha ha niyah",
    which means "now worth only a mere fraction of its American
    counterpart".



  2. Escudo Added by: tRE
    [Timestamp: Mon 24 May, 7:29 Tasmanian Standard Time]

    means "shield". Both in spanish and portuguese. It┤s an
    ancient currency. The Honduran "lempira" is named after an
    indian chief. The Latin American "peso" means "weight".
    Spanish "peseta" is a derivation of "peso". Venezuelan
    "bolivar" is named after Simon Bolivar. Peruvian "sol" is
    "sun" in english.



  3. The Sucre Added by: equus
    [Timestamp: Mon 24 May, 7:39 Tasmanian Standard Time]

    ion Ecuador, is named, funnily enough, after Antonio Jose
    de Sucre, a general of the war of liberation.

    All those names like dinar etc are from the latin denarius,
    which was a unit of currency in Roman times, it is also the
    root of the spanish word "dinero" meaning money.



  4. Dinar is from Denarius Added by: An Old Pedant
    [Timestamp: Mon 24 May, 7:43 Tasmanian Standard Time]

    The gold Dinar coin issued by the Caliphs of Damascus
    evolved from the Latin word Denarius which was a Roman
    silver coin used for trade in Alba Longa (Britain).The
    symbol "d" from Denarius was later used to denote the
    English penny.



  5. Kroner and ╪re Added by: Euro
    [Timestamp: Mon 24 May, 8:15 Tasmanian Standard Time]

    In Scandinavia. These literally mean "crown" and "ear" - I
    would hate to research more into the ear bit!



  6. Ahhh Added by: tRE
    [Timestamp: Mon 24 May, 8:53 Tasmanian Standard Time]

    and the newly "euro" is named after the fellow poster above.



  7. Cock Added by: Mr Apostrophe
    [Timestamp: Mon 24 May, 11:17 Tasmanian Standard Time]

    The Kwacha used in Malawi and Zambia translates as 'chicken'
    and the (Malawi) coins actually have roosters on the heads
    side. I assume that somewhere in the past chickens were a
    common form of exchange in this area though tossing poultry
    to decide who kicks off gives a whole new meaning to the
    phrase "heads or tails".
    '
    '
    '
    '
    --------



  8. Dollar.. Added by: Dave
    [Timestamp: Mon 24 May, 11:37 Tasmanian Standard Time]

    Is originally from the German "taler ot thaler",short for
    "Joachimsthaler":Coin made from the metal mined in
    Joachimsthal Jackymov,a town in Czeckoslovakia.



  9. Steve Added by: TTYC mediator
    [Timestamp: Mon 24 May, 12:51 Tasmanian Standard Time]

    By the pure fact that you were not part of Shutup, I will
    from now on let you express your opinions and hope that you
    do not imposter those who express theirs that are different
    from yours. We can show Shutup members that we are above
    their tactics.



  10. TTYC Mediator, Added by: Steve
    [Timestamp: Mon 24 May, 13:27 Tasmanian Standard Time]

    For allowing me to express my opinion without being
    impostered, I will be greatly in debt to you, but it is a
    debt I will pay only with the soiled and torn leftover
    Kwatcha, Pula, Escudos, and Sucres which I have accumulated
    over time. :-p



  11. $$$$$$$$$$$ Added by: WDJ
    [Timestamp: Mon 24 May, 15:19 Tasmanian Standard Time]

    Escudo, the Portuguese currency,can also mean coat of arms
    (escudo de armas). Which Brazilian currency name do you
    wanna know? We had so many in the past 15 years: cruzeiro(
    from the southern cross), cruzado (literally "crossed"or
    "crusader", its the name of an ancient Portuguese coin),
    cruzado novo (new cruzado),etc until the present one, the
    real, which can mean "real"(big surprise, huh ?) or royal.



  12. WDJ, Added by: Steve
    [Timestamp: Mon 24 May, 15:58 Tasmanian Standard Time]

    Your currencies in Latin America use to crack me up! I was
    in Argentina as a 12 year old kid in 1975 during an era of
    hyper-inflation, and I can remember walking into a candy
    store to buy a candy bar or something, and use to laugh
    when the price would be something like 50 thousand pesos.
    People would still quote prices in old pesos, even after
    the conversion(done by dropping 2 or 3 zeroes) to new
    pesos.



  13. I've got 90,000 Lb (?) in my pyjamas Added by: Dawit
    [Timestamp: Mon 24 May, 17:22 Tasmanian Standard Time]

    Ethiopian Birr: Birr = Silver

    PRC "Ren min bi" means "people('s) currency"
    ... this is commonly referred to by the counter "kuai"
    meaning "piece". i.e. "Yi kuai qian" = "1 piece (of) money"

    Dollar is from German "thaler" = piece of eight, I think.
    Websters says it's from "Sankt Joachimsthal" Bohemia, where
    talers were first made.

    Rupee (and variations such as Rupiah) are from Sanskrit
    "rupya" meaning "wrought silver"

    The franc, common in so many countries, is apparently
    derived from "Francorum Rex", meaning "King of the Franks",
    which was imprinted on some early coins in that kingdom.

    I think "Drachma" (and the Moroccan "dirham" are from an
    ancient Greek unit of weight. This also came into English
    aws the apothecaries' unit of weight *and* volume (and I'm
    guessing that this is the source of "dram" as well).

    I would be interested in hearing about some common
    currencies such as "pound" (was it really a pound of
    sterling?), Mark / marka etc.



  14. Sol and Inti Added by: equus
    [Timestamp: Mon 24 May, 19:45 Tasmanian Standard Time]

    The two peruvian currencies, the Sol and the Inti, both
    actaully mean sun. The sol was the currency until (i
    vaguely recall) the late seventies or early eighties, when
    it collapsed. It was replaced by the Inti at a rate of
    1000:1.
    The Inti survived until about 1991, when it was replaced by
    the new Sol, at a rate of 1000000:1.

    I have a silver 1 sol coin from 1895, which is actually
    fairly common, so it is only valued at about USD3. Still,
    when you think about it, it is valued at three BILLION
    times its face value! Not a bad investment, in a sense...



  15. Guilder = Gold Coin Added by: The Netherlands
    [Timestamp: Tue 25 May, 3:18 Tasmanian Standard Time]

    The main currency in Holland is the Dutch Florin, or
    'vergulde florijn'. In short 'Gulden'. This means simple
    Gold coin of Florence. (yes the italian Florence)

    We also have 'Daalders', which surprisingly enough come
    from Czeck republic, the Joachim's Thal. These two coins
    were among a number of popular european currencies in the
    middle ages and the name remained.



  16. Zog Added by: Karlo
    [Timestamp: Tue 25 May, 5:35 Tasmanian Standard Time]

    Please give the source for your Mohawk in post #1. I had
    always understood "loonie" to be from the Micmac "luu kni",
    meaning "dollar that won't clog a coin slot".
    -
    The name for the "twonie", with the queen on the front and a
    grizzly on the back, is of course derived from the Cree term
    "tuu caneek", meaning either, "rich woman with a bear
    behind", or "Toronto".



  17. Just a remark Added by: tRE
    [Timestamp: Tue 25 May, 6:09 Tasmanian Standard Time]

    on post #14. Inti means indeed "sun" as equus said but it┤s
    a quechua word. Not to understand it as an spanish word.



  18. quite correct tRE Added by: equus
    [Timestamp: Tue 25 May, 18:23 Tasmanian Standard Time]

    Yes, I should have mentioned that. It was apparently a way
    of keeping continuity - it had the same meaning in Peru's
    two major languages.

    Any other examples of this out there?

    Um, anothery, the Austral was the Aregentinian
    hyperinflation currency for a while. It comes from the
    latin for south, as Argentina is, obviously, a southern
    country.

    A lot of the central american countries use "colones",
    which come from the spanish spelling of Christopher
    Coloumbus, "Cristobal Colon"



  19. Lira Added by: Truffledog
    [Timestamp: Tue 25 May, 20:28 Tasmanian Standard Time]

    also comes from the latin word for weight, livra. also the
    pound, pretty muh the english translation of the same thing.
    indeed pounds are called 'lira' in latin countries.




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