Home » General Knowledge » GK Question “How The Coins Got Their Names?” general knowledge book English 2021 current affairs quiz and answers for class 7, 8, 9, 10, 12 students Exam.

GK Question “How The Coins Got Their Names?” general knowledge book English 2021 current affairs quiz and answers for class 7, 8, 9, 10, 12 students Exam.

How The Coins Got Their Names?

There are fascinating stories in the world of money and coins, as to, how these got their name. We consider a few to dealwith the subject.

Starting with money, we know, in the ancient Roman times, Juno was the goddess of warning. The Romans were very grateful to her for warning them of the important dangers. They made her the guardian of finances and put their mint in her temple. They called her Juno Moneta. ‘Moneta’ came from the Latin word ‘moneo’ meaning ‘to warn’. Our word ‘Money’ is derived there from.

The word “coin” comes from the Latin word ‘cuneus’ which means “wedge”. The dies that made pieces of money looked like wedge. “Dollar” goes back to the days when money was being coined in Bohemia, because of the location of silver mines there. The mint was established at Joachimsthal and the coins were named Joachimsthaler. With the passage of time it became ‘ thaler’ and finally “dollar”.

Our ‘dime’ comes from the Latin word `decimus’ which means tenth. The cent comes from the French word cent meaning one hundred, and the Latin centum. The idea was that one hundred cents make a dollar.

Our nickel is so called because it was made of that metal. The coins of other countries also have interesting histories about their names. The English ‘pound’ comes from the Latin ‘pondo’, meaning “pound” as a weight. Originally the full name was ‘Libra pondo’ or a pound by weight. By the way, that is where the abbreviation “lb” for a pound we get. The Spanish ‘Peso’ and Italian “Lira” also refer to certain weights.

The French ‘Franc’ come from the Latin words “Francorum Rex” for “King of the Franks”, and that appeared on their first coins. Peru has a coin called “Sol”. This is the Spanish name for the Sun. The Incas of Peru worshipped the Sun long ago.

The word crown, sovereign, Krone, Kroon, Krona and Corona all used as names of coins in different countries, show that some crown authority initially gave permission to make them. In Panama, the “Balboa” is named in honourof the great explorer, and Venezuela has the “Bolivar” after it’s national hero.

Related posts:

Does the moon have seas? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11...
General Knowledge
Who was responsible for Persia's greatness? Complete General Knowledge Question and Answer for Class...
General Knowledge
When can one see three suns? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10...
General Knowledge
What is Zoroastrianism? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 ...
General Knowledge
What is Venus made of? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 a...
General Knowledge
Do you know “Charminar, Hyderabad's global icon".
Do you know
Why does the chameleon change colours? Complete General Knowledge Question and Answer for Class 6, 7...
General Knowledge
Do you know “Dance without any musical instruments".
Do you know
GK Question "What Do You Understand By Smog?" general knowledge book English 2021 current affairs qu...
General Knowledge
Do you know "Indian bravery showcased in Brighton museum".
General Knowledge
What was the first advertisement? Complete General Knowledge Question and Answer for Class 6, 7, 8, ...
General Knowledge
Why were sauropods so huge? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10,...
General Knowledge
What is a lodestone? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 and...
General Knowledge
Do you know “Valley of Flowers National Park”.
Do you know
Do you know “Green Oscar for hornbill conservator”.
Do you know
What is the Dead Sea? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 an...
General Knowledge
What is condensation? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 an...
General Knowledge
Do you know "Butterfly Museum, Shillong, in Meghalaya".
General Knowledge
What is fool's gold? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 and...
General Knowledge
Do witches exist? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 and 12...
General Knowledge

About

Leave a Reply

Your email address will not be published. Required fields are marked *

*
*

This site uses Akismet to reduce spam. Learn how your comment data is processed.