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How much was an Italian florin worth in 1500s?
In the 1500s, an Italian florin was worth about 3.5-3.6 grams of gold. The exact value fluctuated depending on the purity and weight of the coin, but it was generally accepted as a stable and reliable currency in Europe.
What was the most important item of trade between Africa and Europe in the 1500s?
In the 1500s, the most important item of trade between Africa and Europe was likely gold, particularly from West African kingdoms like Mali and Songhai. Gold was highly sought after in Europe for its value and use in coinage, jewelry, and art. Alongside gold, other significant items included ivory and enslaved people, which were part of the broader transatlantic trade networks that began to develop during this period.
How do banks use mathematics?
The banks count money. They figure out the value of a loan, they figure how much they lost when the stock market hits rock bottom.
What is the value of 5 euros in English money?
Euros are the currency that is universal to many countries of Europe. Their value is equal to $1.38, so 5 Euros would convert to $3.62 in American money.
Each letter is this addition problem represent a different digit What is the value of each letter send more money?
what is more fisrt because i have money- send= more so i have to figure that out
What is the value of a Valentina Beanie Baby without a heart?
If your trying to get money than figure out a different way. But to answer your question maybe 1-5 dollars
How much money would people 1500s?
In the 1500s, the value of money varied significantly by region and the currency used. For example, in England, a pound sterling was a substantial amount, equivalent to about 20 shillings or 240 pence, and could represent a year's wages for a skilled laborer. In Spain, the real and the escudo were common currencies, with varying values based on local economies. Overall, wealth and purchasing power depended heavily on social class, location, and specific historical context.
What does it mean by money loses value isn't money money?
Money can lose value by inflation or gain value through deflation.
What is the value of 1000 million?
The value of 1000 million is equivalent to 1 billion. In numerical terms, this is represented as 1,000,000,000. This figure is commonly used in finance and economics to express large sums of money or population counts.
What is the difference between fiat money and token money?
Token money is a type of money whose intrinsic worth is less than its nominal value eg its value as money is less than its value as metal while fiat money is a type of money which intrinsic value is more than its nominal value.
What mean money as ameasure of value?
Money is recognized as a measure of value as the value and amount of money measures the value of a specific product or service. http://www.datadubai.com/
How much money is 1 figure?
The term "figure" in financial contexts typically refers to a numerical representation of an amount of money, often in hundreds or thousands. For example, a "five-figure" sum usually means an amount between $10,000 and $99,999. Without specific context, it's difficult to assign a precise dollar value to "1 figure," but it generally indicates a single-digit number, usually meaning amounts less than $10.
