Falus
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Script error: No such module "Sidebar". The falus was a bronze/copper currency of Morocco.
Minted between 1672–1901, denominations of <templatestyles src="Fraction/styles.css" />1⁄4, <templatestyles src="Fraction/styles.css" />1⁄2, 1, 2, 3, 4, 6 and 8 falus are recorded in the Standard Catalogue.[1]
Identification
They are typically denominated by size rather than by inscription, and can be difficult to identify precisely.Script error: No such module "Unsubst".
Depreciation
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
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See also
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