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]
They are typically denominated by size rather than by inscription, and can be difficult to identify precisely.[ original research? ]
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]
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The fals was a medieval copper coin first produced by the Umayyad caliphate (661–750) beginning in the late 7th century. The name of the coin is derived from the follis, a Roman and later Byzantine copper coin. The fals usually featured ornate Arabic script on both sides. Various copper fals were produced until the 19th century. Their weight varied, from one gram to ten grams or more.
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