The legal currency is the French 5-franc piece and the smaller French coins.
This extension of the term to Christian burial-vaults generally dates from the 9th century, and obtained gradual currency through the Christian world.
Ibn 'Abbas, a cousin of Mahomet, and the chief source of the traditional exegesis of the Koran, has, on theological and other grounds, given currency to a number of falsehoods; and at least some of his pupils have emulated his example.
Under the existing system the fluctuating requirements of the currency are met without the expense of alternately minting and melting down.
The extent of French influence is indicated by the fact that the five-franc piece, locally known as a dollar, is largely circulated throughout the protectorate, and is accepted as legal tender, although the currency in the colony proper is the English coinage.
He was also concerned in the reform of the currency by the withdrawal of the debased Bolivian coins.
Under the currency law of the 31st of March 1879, the thousandth part of a kilogramme of gold was made the monetary unit and was called a bolivar, in honour of the Venezuelan liberator.
He tried hard to procure a unification of coinage and weights and measures, but failed owing to the opposition of the estates, who were afraid of the new taxation necessary to meet the loss involved in raising the standard of the coinage, and who held to their local measures and currency partly from conservatism, partly as a relic of local liberty.
The study of Montesquieu seems to have directed his attention towards economic questions; and his first publication (1762) was a tract on the derangement of the currency in the Milanese states, with a proposal for its remedy.
Among the chief objects set before this board were the inquiry into trade obstacles and the employment of the poor; the state of the silver currency was also a subject on which John Locke, its secretary, lost no time in making representations to the government.