العملات المعدنية أصولها وأسباب تسميتها

💰 Currencies Around the World

(1)
There are so many currencies in the world with differing names. The origins and development of these names and uses have an interesting history.

(2)
The dollar is one of the most common currencies in the world used by the US, Australia, Canada, Fiji, New Zealand, and Singapore to name a few, shortened to Thaler or daler (in Low German). It was named after the valley in which the silver it was made from was mined, the Joachimsthal, literally Joachim's valley. The term began to be used in other languages, especially Dutch, and was later applied to the most widely used coin in the American colonies. In 1792, it was adopted as the official name of the US monetary unit.

(3)
Many countries use the dinar, which comes from the Latin denarius, an ancient Roman silver coin: The Jordanian dinar, Algerian dinar, Serbian dinar, and Kuwaiti dinar among others.

(4)
The Indian and Pakistani rupee as well as the Indonesian rupiah derive from the Sanskrit rupya, meaning 'wrought silver,' which is what they were originally made of.

(5)
The Malaysian ringgit is from the Malay for jagged and refers to the serrated edges of the Spanish silver dollars used as currency in Malaysia before the ringgit was introduced. Serrated edges on coins became popular when coins were made of precious metals like gold and silver because the ridges made it harder for people to scrape off metal and devalue the coins.

(6)
Although the Germans and the Finns use the Euro now, their former currencies, the German mark and the Finnish markka, both have their origin in units of weight. While Spanish peso, meaning 'weight' in Spanish, is also no longer used in Spain, it lives on as the currency of Mexico, Argentina, and the Philippines. The British pound, or pound sterling, comes from the Latin pondus (weight).

(7)
Many Scandinavian countries use currency whose name is ultimately derived from the Latin corona meaning 'crown': Swedish krona, Norwegian krone, Danish krone, and the Czech koruna.

(8)
The Spanish real, a former currency of Spain, derived from the Latin regalis meaning 'royal,' which is the origin of a number of Middle Eastern currencies such as the Omani and Iranian riyal, and the Qatari, Yemeni, and Saudi riyal. The riyal has been the currency of Saudi Arabia since the country came into being and was the currency of Hejaz before Saudi Arabia was created.

📝 Questions

  1. According to the passage, which of the following is true about currencies?
    A. Some are named after kings
    B. Some are named after places
    ✅ C. Some were named based on the metal uses
    D. Some were named based on how heavy they were

  2. We can understand from paragraph 2, that the Dollar has its name from the…
    A. Australians
    B. Americans
    C. Canadians
    ✅ D. Germans

  3. According to paragraphs 3 and 4, what did the Dinar and Rupee have in common?
    ✅ A. The material form which they were made
    B. The similar origin of the names
    C. The countries they are used in
    D. The value that they held

  4. The pronoun in paragraph 6 refers to…
    ✅ A. Peso
    B. Spain
    C. Weight
    D. Markka

  5. The expression derived from in paragraph 7 is closest in meaning to…
    ✅ A. Originated
    B. Translated
    C. Explained
    D. Produced

  6. According to paragraph 8, the origin of the word Riyal is…
    A. Hejazi
    ✅ B. Spanish
    C. Yemeni
    D. Ottoman

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