Falus
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| History of Morocco |
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| File:Coat of arms of Morocco.svg |
The falus was a bronze/copper currency of Morocco. Minted between 1672–1901, denominations of 1⁄4, 1⁄2, 1, 2, 3, 4, 6 and 8 falus are recorded in the Standard Catalogue.[1]
Identification
They are typically denominated by size rather than by inscription, and can be difficult to identify precisely.[original research?]
Depreciation
From 1862, the falus was allowed to float, while the exchange rate for the silver dirham was fixed: this resulted in currency speculation and depreciation, with effectively two parallel currencies.[2]
References
- ↑ "Morocco". NumisMaster.com. Archived from the original on 11 February 2010. Retrieved 12 July 2009.
- ↑ Pennell, C.R. (2001). Morocco since 1830: A History. New York: New York University Press. pp. 79–80. ISBN 0-8147-6677-3.
