What is Currency Converter?

Currency Converter allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies. Rates are foreign exchange rates compiled from leading market data contributors. Currency converter with 160 currencies available offline

History of Currency

As history has shown, anything that a group of people in an economy attaches value to can be used as currency. The first "official" currency was minted in the seventh century BC by King Alyattes of Lydia in modern-day Turkey. For practical reasons, Lydian currency took on the form of a round coin, which became the first ever standardized unit of currency. Paper currency, on the other hand, was invented in Asia and was brought back to Europe by Marco Polo after his travels to Asia.