Category Part 1: The Early Foundations of Gold Money (500–1100 CE)

Viking gold trade and hoards: how raiding and commerce spread gold across Europe

The Viking gold trade played a crucial role in the movement of wealth across medieval Europe. While much of Western Europe had shifted to a silver-based economy, the Vikings continued to acquire and circulate gold through raiding, trade, and mercenary…

The dinar influence on trade across the Middle East, North Africa, and parts of Europe

The dinar influence on trade in the medieval world was profound, shaping economies across the Middle East, North Africa, and parts of Europe. Introduced in 696 CE by Caliph Abd al-Malik, the Islamic gold dinar quickly became a trusted and…

Umayyad Caliph Abd al-Malik introduces the Islamic gold dinar, creating a stable gold-based economy

By the late 7th century, the Byzantine Solidus was still the dominant gold currency in the Mediterranean, but a new economic power was emerging—the Islamic Caliphate. Under the rule of Caliph Abd al-Malik (r. 685–705 CE) of the Umayyad Dynasty,…

The Byzantine Solidus: The Gold Standard of Europe and the Mediterranean

After the fall of the Western Roman Empire in 476 CE, much of Europe descended into economic fragmentation, with gold coinage disappearing from circulation. However, in the East, the Eastern Roman (Byzantine) Empire remained strong, preserving its centralized economy and…

The collapse of the Western Roman Empire (476 CE) and its impact on gold circulation

The collapse of the Western Roman Empire in 476 CE marked a turning point in European history, leading to the fragmentation of political power, economic instability, and significant shifts in monetary systems. For centuries, Rome’s vast economy had been supported…