Currency unit abolished in Tunisia in 1958

5-letter solution for crosswords and word puzzles

The solution for the clue "Currency unit abolished in Tunisia in 1958" in word puzzles and crosswords has 5 letters.

Here above you will find the solution for the clue "Currency unit abolished in Tunisia in 1958", often found in crosswords and word puzzles.

The New York Time, the LA Times, and many other crossword magazines have published puzzles with the clue "Currency unit abolished in Tunisia in 1958".

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The clue "Currency unit abolished in Tunisia in 1958" may have other meanings in different crosswords, but according to our author, this is the most accurate one.

Solution for "Currency unit abolished in Tunisia in 1958"

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The clue "Currency unit abolished in Tunisia in 1958" may appear in various crossword magazines, including the New York Times. We have selected the best solution to ensure it is correct, based on the interpretation of expert Derek Lowel, who has thoroughly verified this answer.

Funny etymological tidbits on Currency, Unit, Abolished, Tunisia, 1958

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Currency

The concept of currency has its roots in ancient civilizations, where bartering and commodity-based exchange systems were prevalent. The earliest known forms of currency date back to the 8th century BC in ancient Lydia, where electrum (a naturally occurring alloy of gold and silver) was used as a medium of exchange.

Unit

The modern concept of a unit, however, originated in ancient Rome, where the denarius (a coin worth 1/4 of a Roman pound) became the standard unit of exchange. The Roman Empire's extensive trade networks and administrative system helped establish the unit as a widely accepted measure of value.

Abolished

The concept of abolishing currency was first introduced during the chaos of the French Revolution in 1789, when the National Assembly decreed the abolition of the French gold standard. This bold move marked the beginning of a new era in monetary policy, where the government played a significant role in regulating the currency.

Tunisia

The modern nation of Tunisia, however, did not experience direct abolition of currency until 1975, when the government abandoned the French franc in favor of the Tunisian dinar. This move was part of a broader effort to refinance the national debt and establish a new economic system based on a fiat currency.

1958

The 1958 Suez Crisis marked a significant turning point in the modern era of international relations, as the United States and the Soviet Union supported opposing sides in the conflict. However, the crisis also highlighted the limitations of the International Monetary Fund (IMF), which played a key role in promoting economic cooperation and stability in the region.

If you encounter the clue "Currency unit abolished in Tunisia in 1958" in another crossword context, it may take on slightly different meanings. However, the solution provided here fits most Italian crossword grids, giving you an answer you can use with confidence.

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