Medieval Currency
The means of value
The currency of the medieval was handled through various intrinsic ways. One of the most common ways was through gold, silver and copper coins which were the universal form of accepted money in the Kingdom of Flintwhenia. Although not only that, miners which found precious metals could have used them as a value to the currency. However precious metals were very scarce as they were insufficient when it came to demanding of food, money or other resources.
In the Kingdom of Flintwhenia, there were far too many producers and consumers but the value of money was in a slump and thus they needed to structure a new way of satisfaction. The market was in demand and production of goods and services but there was insufficient flow. The Duchies of specific regions declared that they would contribute in helping to solve the crisis of the slump, and so they did by creating a set of vouchers which would have an entitlement to a certain coin worth. This method was helpful and increasingly satisfying and it became known as paper-money. The market started to structure again and there was a flow of goods back and forth which made everything run smoothly.
Another way of currency in the medieval times was through trading goods and services for other goods and services. When there was a shortage of coins, they would worry less and try to negotiate with each other about trading resources from one another. Notable trades would be trading bread for vegetables or vice versa. Clothing fabric for a pack of meat and other.
Medieval Currency - Summary
Gold Coins — The most explicit and highest value in the market
Silver Coins — The second and most recurrent standard of value
Copper Coins — The most repetitive and cheapest dime in the market
Kingdom Vouchers (Paper Money) — The exclusive 'paper money' with specific entitlement to a worth of silver or gold coins
Trading — The trading of goods or services for other goods and services
Contribution — reyo