FLORIN

Florin

The Italian florin was a coin struck from 1252 to 1533 with no significant change in its design or metal content standard during that time. It had 54 grains of nominally pure or 'fine' gold worth approximately 200 modern US Dollars. The "fiorino d'oro" of the Republic of Florence was the first European gold coin struck in sufficient quantities to play a significant commercial role since the seventh century. As many Florentine banks were international supercompanies with branches across Europe, the florin quickly became the dominant trade coin of Western Europe for large scale transactions, replacing silver bars in multiples of the mark .

The above text is a snippet from Wikipedia: Florin (Italian coin)
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florin

Noun

  1. The currency of Aruba, divided into 100 cents, symbol ƒ.
  2. A pre-decimal British coin, worth two shillings or ten new pence.
  3. A guilder (former currency unit of the Netherlands).
  4. Any of several gold coins once produced in Florence, Italy.
  5. A pre-decimal Australian coin, worth 24 pence or a tenth of a pound.


The above text is a snippet from Wiktionary: florin
and as such is available under the Creative Commons Attribution/Share-Alike License.

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