5. 05
Paper and coin money was invented as a means and a way
of conducting business in an easier manner. It was created
for many reasons, the basic and foremost reason being as a
medium of exchange. In the past, man used very items as
symbols of money such as cattle, the teeth of whales,
elephant tails, cowries and yap stones, among many others.
As the variety and volume of trade in goods and services
increased, the need for a common form of currency also
increased and thus the invention of money in cash and coin
form. Money is generally used and accepted as a means of
payment for services and goods.
7. 07
money taken out of circulation
1 ban 50 bani 1 leu 5 lei
Maybe this money where taken out because the political system
changed or it was uncomfortable to use or because new
banknotes appeared and 1 leu needed to be divided. We don’t
really know the reason.
9. 09
Almost everybody in my country
has old money because new money
appeared only in 1993 so it was not
very long ago. Therefore old money
here is a common thing.
