The oldest form of paper money was used as emergency money in times of war. In the Late Middle Ages, under difficult circumstances, the defenders of a besieged town in Spain used paper promissory notes to pay for the garrison’s salary and other expenditures…
Read moreMonth: May 2017
The peculiar Mozambique 100 Escudos banknote
- Published on 3rd May 2017
All over Britain, banknotes of 100 Mozambique escudos are found in people’s drawers, again and again. Seems strange, doesn’t it? If you wonder why so many Britons have a Mozambique 100 Escudos note? We found the answer…
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