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