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Started by Bimat, November 19, 2012, 04:56:01 AM
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Quote from: Figleaf on November 19, 2012, 04:13:46 PMIt would have been interesting to mention that the name in its Arabic context originated in Iran. However, in a European context it came from Spain (real), Portugal and Britain (10 shillings). Another interesting angle would have been the Cambodian riel.
Quote from: Bimat on November 19, 2012, 04:56:01 AMAt that time, the prevailing international currency was the Spanish Dollar, more popularly known as 'pieces of eight'. This unique phrase evolved because the dollar coin was worth eight 'reales' and could be physically cut into eight pieces, or 'bits', to make change.