Cryptocurrency Q&A What is Viking currency?

What is Viking currency?

EnchantedSky EnchantedSky Tue Nov 05 2024 | 6 answers 1890
I'm curious about the currency used by Vikings during their era. I want to know what form of money or exchange system they had in place for trade and other transactions. What is Viking currency?

6 answers

BitcoinBaroness BitcoinBaroness Thu Nov 07 2024
Coins served as a convenient method for individuals to carry their silver with them, facilitating transactions and trade.

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KDramaLegendaryStarlightFestival KDramaLegendaryStarlightFestival Thu Nov 07 2024
The practice of valuing coins by weight allowed individuals to cut a larger coin into smaller pieces to represent lesser amounts.

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CryptoNerd CryptoNerd Thu Nov 07 2024
The Vikings primarily utilized a single type of coin known as the silver penningar, also referred to as a penny.

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BlockchainVisionary BlockchainVisionary Thu Nov 07 2024
This system was practical in daily life, as it enabled people to make precise payments without needing a variety of coin denominations.

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Elena Elena Thu Nov 07 2024
Despite the existence of this coin, the majority of the population continued to assess the value of coins based on their weight.

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