The Symbols On Money

There are symbols on money , which is a is a graphic symbol used as a shorthand for a currency‘s name, especially in reference to amounts of money.

While in some countries the symbol on money placed after the amount like 25,35 € , some of them places the symbols before amount like $25,35 . Also in some countries the money on symbol is used as a decimal seperator like Portuguese Escudos 25$35 which is $25,35.

The symbols on money are have evolved from previous currencies. Dollar symbol $, one of the commonest being that comes from a handwritten ‘ps’, an abbreviation for ‘peso’ in old Spanish-American books. The $ symbol first occurs in the 1770s, in manuscript documents of English-Americans who had business dealings with Spanish-Americans, and it starts to appear in print after 1800.

Dollar derives from the Flemish or Low German word daler (in German taler or thaler), short for Joachimstaler, referring to a coin from the silver mines of Joachimstal, in Bohemia (now Jáchymov in the Czech Republic). The term was later applied to a coin used in the Spanish-American colonies and also in the British North American colonies at the time of the American War of Independence. It was adopted as the name of the US currency unit in the late 18th century.

Euro, introduced in 1999 as monetary unit and currency of the European Union (EU). Currency notes and coins appeared in participating countries on January 1, 2002. After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender. Other states subsequently adopted the currency. The euro is represented by the symbol €.

The British Pound has its origins in continental Europe under the Roman era. Its name derives from the Latin word “poundus” meaning “weight”. The £ symbol comes from an ornate L in Libra. The pound was a unit of currency as early as 775AD in Anglo-Saxon England, equivalent to 1 pound weight of silver

Lira, which is the former monetary unit of Italy and Malta and still the currency of modern Turkey.The lira was introduced in Europe by Charlemagne in late 700’s , who based it on the pound (Latin: libra) of silver. No lira coins were struck during the Middle Ages, and the lira remained strictly a money of account. By the 16th century several of the Italian states actually struck lira coins, but they varied considerably in weight.

Yuan translated as “the people’s currency” the renminbi (RMB) has been the currency of China for over 50 years. It is also known as the Chinese yuan (CNY) and by the symbol ‘¥’. Chinese Yuan (RMB) was first issued on December 1, 1948, by the Chinese Communist Party’s People’s Bank of China.

Franc,derive from the Latin inscription francorum rex. It was originally a French coin but now it is the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; also the currency of France, Belgium, and Luxembourg before.