Back to the Muhammad time, gold and silver, cereals and some others goods were used as money.
The dinar is the traditional coin which has been used through the history, until the Ottoman’s caliphate. It is made of gold (4.25 grams).

    The dirham is made of silver (2.975 grams).

    Nowadays there is a tendency which tries to use again these two coins of gold and silver instead of notes. The main reason is that through the time, some countries have had economic recessions due to the inflation. This theory support that gold and silver will have always the same value in any country.   





This project is being carried out with the support of the European Community in the framework of the Socrates programme. The content of this project does not necessarily reflect the position of the European Community, nor does it involve any responsibility on the part of the European Community. For questions and contact:
Latest update of this page: 2005-07-15 
Webdesign: Anton J. Posch