Many coins have been found in northern Ethiopia and Eritrea, the central region of Aksum, though Aksumite coins are reported to have been found in Arato and Lalibela.
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By the time coins were first minted in Aksum, there was widespread trade with Romans on the Red Sea; Kushana or Persian influence also cannot be ruled out.
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It can be inferred, therefore, that early Aksumite kings, located on the international trading waters of the Red Sea, recognized the utility of a standardized currency for facilitating both domestic and international trade.
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