Carolingian monetary system

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Glossary ID215
TitleCarolingian monetary system
Search LetterC
DescriptionA currency structure introduced by Charlemagne in the late 8th century characterised by having three denominations in the ratio 1:20:240. Adopted by many European countries the units of which went under different names in the different languages. In Britain it was &pound;sd - libra (pound), solidus (shilling) and denarius (penny). See <a href="https://en.wikipedia.org/wiki/Carolingian_monetary_system" target="_blank" rel="noopener noreferrer">Wikipedia</a> for more details.
Last Update2022-12-31 12:52:35