Timeline: Evolution of Money

Money is the most important invention of modern times. It has undergone many processes of historical evolution.  Human beings passed through a stage when money was not in use and goods were exchanged directly for one another. Such exchange of goods for goods was called Barter Exchange. Starting from barter system, we've included the historical highlights of money evolution.

DISCLAIMER: This timeline/comparison is based on public data, surveys, public comments & discussions and approximate estimations that might be subjected to some degree of error.

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