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3 unusual facts about Aksumite currency


Aksumite currency

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.

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.

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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