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Shell money has appeared in the Americas, Asia, Africa and Australia. The shell most widely used worldwide as currency was the shell of Cypraea moneta , the money cowry . This species is most abundant in the Indian Ocean , and was collected in the Maldive Islands , in Sri Lanka , along the Malabar coast, in Borneo and on other East Indian ...
Monetaria moneta, common name the money cowrie, is a species of small sea snail, a marine gastropod mollusk in the family Cypraeidae, the cowries. [1]This species is called "money cowrie" because the shells were historically widely used in many Pacific and Indian Ocean countries as shell money before coinage was in common usage.
In pre-colonial times, many objects were sometimes used as currency in Africa. These included shells, [1] ingots, gold (gold dust and gold coins (the Asante)), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, and many others.
Use as shell money. In parts of Asia, Africa and the Middle East, Monetaria annulus, the ring cowry, so-called because of the bright orange-colored ring on the back or upper side of the shell, was commonly used as shell money much like Monetaria moneta. Occasionally the ring part on its back would be hammered away, making it nearly ...
1742 drawing of shells of the money cowrie, Monetaria moneta Cowrie shells The shells of cowries are usually smooth and shiny and more or less egg-shaped. The round side of the shell is called the Dorsal Face, whereas the flat under side is called the Ventral Face, which shows a long, narrow, slit-like opening (), which is often toothed at the edges.
The word cedi is the Akan word for cowry shell. Cowries (plural of cowry) were formerly used as currency in what is now Ghana. The Monetaria moneta or money cowry is not native to West African waters but is a common species in the Indian Ocean. The porcelain-like shells came to West Africa, beginning in the 14th century, through trade with Arab ...
The African Kingdoms lumi is Africa's new global currency with rapidly growing usage throughout continental Africa and the Sixth Region. In March 2024 the lumi (AKL) joined the basket of global currencies used for African developmental purposes when it was adopted as an official tender by the executive secretary of Water and Sanitation for Africa (WSA), a forty-seven (47) member states Pan ...
MoneyGram Reaches 20,000 Agent Locations in Africa DOUALA, Cameroon--(BUSINESS WIRE)-- MoneyGram (NYS: MGI) , a leading global money transfer company, announced today that it has officially ...