2006-10-24 00:04:28 · 6 answers · asked by madman 1 in Arts & Humanities ➔ History
In ancient times, prior to the Greeks, Egypt had no money, only a barter system.
Today, things are different. Egypt's monetary system is now based on the Egyptian Pound (LE), with smaller bills denoted as so many piasters (100 piasters making up one Egyptian pound).
Of course, outside of economics, the most interesting aspect of the various Egyptian notes is the design, which usually depicts famous monuments, or sometimes famous pharaohs.
2006-10-24 02:11:44 · answer #1 · answered by Endie vB 5 · 0⤊ 0⤋
Barter system is used for required goods
2006-10-24 01:08:10 · answer #2 · answered by srinivas_cheemalamarri 2 · 0⤊ 0⤋
i've been there last year. the currency are egyptian pound, and they didn't use coins. you can find a quarter note (called piasters) and you'll need it for the bus fare.
2006-10-24 00:16:53 · answer #3 · answered by yadtsal 2 · 0⤊ 0⤋
We didn't had it. Slaves worked, we took care of goods (gold,food,etc.) :-))) Like elsewhere in those times.
2006-10-24 12:52:22 · answer #4 · answered by Anno Domini 3 · 0⤊ 0⤋
barter system
2006-10-24 00:08:56 · answer #5 · answered by Profe....llikr 4 · 0⤊ 0⤋
CLEOPATRA SYSTEM
2006-10-24 01:36:14 · answer #6 · answered by gupta4world 2 · 0⤊ 0⤋