monometallism
noun[U]
finance & economicsspecializeduk/ˌmɒn.əʊˈmet.əl.ɪ.zəm/us/ˌmɑː.noʊˈmet̬.əl.ɪ.zəm/the use of asinglemetal, forexamplegoldorsilver, as thestandardcurrency(=moneyused)in aparticularcountry:
Thecountryreturnedto monometallism in 1873.
Adoptinggoldmonometallism wasseenas asymboloffinancialconfidence.
- If thecountryadoptedsilvermonometallism, wouldgoldbecheaperthansilver?
- Thereformsincludedtheintroductionofgoldmonometallism in thecountry.
- Anumberofcountriesmovedfromsilvermonometallism togold.
Currencies
- Altcoin
- ariary
- bimetallism
- bitcoin
- CDN
- colon
- denomination
- escudo
- franc
- krone
- lira
- pieces of eight
- quetzal
- renminbi
- repeg
- ringgit
- rouble
- Schilling
- shekel
- shilling