12
May
World currencies have undergone a significant transformation from barter forms to modern monetary systems. The history of currency begins in prehistoric times, when people used valuable items such as salt, grain, or animals as a medium of exchange. The concept of currency began to develop when humans discovered precious metals, such as gold and silver, which had long-lasting properties and universal appeal. In the 7th century BC, Lydia, in what is now Türkiye, became the first country to mint coins. These metal coins not only functioned as a medium of exchange, but also reflected economic strength and government stability. Subsequently,…