Falus
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| History of Morocco |
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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
[edit | edit source]They are typically denominated by size rather than by inscription, and can be difficult to identify precisely.[original research?]
Depreciation
[edit | edit source]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
[edit | edit source]See also
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