daric

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“
As far as centralized currencies go - if there wasn't a centralized national currency then trades people would have simply created one - which they often did by adopting a currency (the daric, the louis d'or, florin, etc) as a trading currency.

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Definitions (3)

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  1. A gold coin current in antiquity throughout the Persian empire, and also in Greece. It was of very pure gold, was of small diameter but very thick, and weighed rather more than an English sovereign. It has no inscription; the obverse type is the king of Persia represented as an archer or bearing a spear; the reverse, usually an irregular oblong incuse. Double darics were issued after the conquest of Persia by Alexander the Great, with Greek letters, most of the known specimens of which have been found in the Panjab.
  2. Silver daric the principal silver coin of ancient Persia, closely resembling the gold daric, and specifically called the siglos, but also known by the name daric in ancient as well as modern times.

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Etymologies (1)

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  1. from New Latin daricus, from Greek δαρεικός (se. στατήρ, stater), said to have been first coined by Darius I., king of Persia, and hence derived from Δαρείοσ, OPers. Daryavush, Darius, but prob. of other origin, perhaps from dariku, a Babylonian word, said to mean ‘a weight’ or ‘measure.’
 

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