Top 10 oldest currencies still in use today
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the foreign exchange market, or Foreign Exchange (FX)is a global market where currencies are traded between countries.
The foreign exchange market is the largest and most liquid in the world. $6.6 trillion It is traded daily. There is no centralized location and no oversight by a single government agency. The most traded currencies include the US Dollar, Euro, Japanese Yen, Australian Dollar, and Swiss Franc.
But did you know that some currencies have been around for centuries? In this chart, we present the 10 oldest types of currency still being traded today, based on various online sources.
The British Pound: Over 1,200 Years of History
The British pound, also known as the pound sterling, is the oldest currency still in use today. Its history dates back to Anglo-Saxon times around 775 AD, when the first silver coins were minted in what is now England.
In the 12th century, under the rule of Henry II, the pound became the official currency of England, with one pound originally equivalent to one pound of silver.
| user | currency | Introduced |
|---|---|---|
| 🇬🇧 United Kingdom + 9 British Territories | British pound | 8th century |
| 🇷🇸 Serbia | Serbian Dinar | 1214 |
| 🇷🇺 Russia | Russian Ruble | 13th century |
| 🇺🇸 United States | Dollar | 1785 |
| 🇭🇹 Haiti | Haitian Gourde | 1813 |
| 🇫🇰 Falkland Islands | Falkland Islands Pound | 1833 |
| 🇩🇴Dominican Republic | Dominican Peso | 1844 |
| 🇨🇭 Switzerland | Swiss Franc | 1850 |
| 🇨🇦 Canada | Canadian Dollar | 1871 |
| 🇯🇵 Japan | circle | 1871 |
After the British pound, the oldest currencies still in use today are the Serbian dinar and the Russian ruble, both of which were first introduced in the 13th century.
The US Dollar is the most traded currency in the world. Formally adopted In 1785.
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To learn more about world currencies, click here graphic Here are the world's top reserve currencies as of Q1 2024.
