COWRY SHELLS

1200 B.C

COINS

7TH CENTU-

RY B.C

YEAR

0

PAPER

MONEY

11TH

CENTURY

CHEQUES

1659

PAPER MONEY APPEARED IN EUROPE

1661

CASH

REGISTRES

1879

CREDIT

CARDS

1950

DIGITAL

MONEY

1995

EURO

2001

COWRY SHELLSCOWRY SHELLS

Cowry shellsCowry shells were first used as were first used as money in China about money in China about 1200 B.C.1200 B.C.

COINSCOINS

The first coins were made in Lydia, in The first coins were made in Lydia, in present day Turkey, in the present day Turkey, in the 7th 7th century B.Ccentury B.C. and soon spread all . and soon spread all over the Mediterranean countries.over the Mediterranean countries.

PAPER MONEYPAPER MONEY

Paper money was invented in the Paper money was invented in the 11th century11th century by the Mongolian by the Mongolian Emperor, Kubla Khan, in China. But Emperor, Kubla Khan, in China. But banknotes only appeared in Europe banknotes only appeared in Europe in 1661.in 1661.

CHEQUESCHEQUES

The first cheque was handled by The first cheque was handled by British bankers Clayton and Morris in British bankers Clayton and Morris in 16591659..

CASH REGISTERSCASH REGISTERS

Cash registers were invented by the Cash registers were invented by the American saloon-bar owner James American saloon-bar owner James Rittyin Rittyin 1879.1879.

CREDIT CARDSCREDIT CARDSCredit cards, or ‘plastic money’ , Credit cards, or ‘plastic money’ , enable people to buy things or enable people to buy things or services and pay for them later with services and pay for them later with cash or a cheque.It was invented in cash or a cheque.It was invented in 19501950 by the Diner´s Club. by the Diner´s Club.

DIGITAL MONEYDIGITAL MONEY

Encrypted digital money, first used in Encrypted digital money, first used in the USA in the USA in 19951995, will probably be the , will probably be the money of the future.money of the future.

EUROEURO

The Euro (€) appeared in Europe in The Euro (€) appeared in Europe in 2001.2001.