Aksumite currency
Encyclopedia

Aksumite currency was the first native currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...

 to be issued in Africa
Africa
Africa is the world's second largest and second most populous continent, after Asia. At about 30.2 million km² including adjacent islands, it covers 6% of the Earth's total surface area and 20.4% of the total land area...

 without direct control by an outside culture like the Romans
Ancient Rome
Ancient Rome was a thriving civilization that grew on the Italian Peninsula as early as the 8th century BC. Located along the Mediterranean Sea and centered on the city of Rome, it expanded to one of the largest empires in the ancient world....

 or Greeks
Ancient Greece
Ancient Greece is a civilization belonging to a period of Greek history that lasted from the Archaic period of the 8th to 6th centuries BC to the end of antiquity. Immediately following this period was the beginning of the Early Middle Ages and the Byzantine era. Included in Ancient Greece is the...

. It was issued and circulated from the middle of the height of the Kingdom of Aksum under King
Kings of Axum
-Kings during the zenith of the Kingdom of Axum:The following based on S.C. Munro-Hay, Aksum , pp. 67f-Later kings:The following list of rulers between 600-900 is based on E. A...

 Endubis
Endubis
Endubis was a king of Axum, a city in Ethiopia. He was among the earliest rulers of Aksum, and Africa for that matter, to mint coins. These coins were issued in gold and silver....

 around AD 270 until it began its decline in the first half of the 7th century. No sub-Saharan
Sub-Saharan Africa
Sub-Saharan Africa as a geographical term refers to the area of the African continent which lies south of the Sahara. A political definition of Sub-Saharan Africa, instead, covers all African countries which are fully or partially located south of the Sahara...

 state would mint coins after Aksum until the Kilwa Sultanate
Kilwa Sultanate
The Kilwa Sultanate was a Medieval sultanate, centered at Kilwa , whose authority, at its height, stretched over the entire length of the Swahili Coast. It was founded in the 10th century by Ali ibn al-Hassan Shirazi...

 in the tenth century.

Aksum's currency served as a vessel of propaganda demonstrating the kingdom's wealth and promoting the national religion (first polytheistic and later Oriental Christianity
Oriental Orthodoxy
Oriental Orthodoxy is the faith of those Eastern Christian Churches that recognize only three ecumenical councils — the First Council of Nicaea, the First Council of Constantinople and the First Council of Ephesus. They rejected the dogmatic definitions of the Council of Chalcedon...

), as well as facilitating the Red Sea trade on which it thrived. The coinage has also proved invaluable in providing a reliable chronology of Aksumite kings due to the lack of extensive archaeological work in the area.

Pre-coinage period

Though the issuing of minted coins didn't begin until around 270, metal coins may have been used in Aksum centuries prior to centralized minting. The Periplus of the Erythraean Sea
Periplus of the Erythraean Sea
The Periplus of the Erythraean Sea or Periplus of the Red Sea is a Greco-Roman periplus, written in Greek, describing navigation and trading opportunities from Roman Egyptian ports like Berenice along the coast of the Red Sea, and others along Northeast Africa and India...

mentions that the Aksumite state imported brass (Gr.
Greek language
Greek is an independent branch of the Indo-European family of languages. Native to the southern Balkans, it has the longest documented history of any Indo-European language, spanning 34 centuries of written records. Its writing system has been the Greek alphabet for the majority of its history;...

 orokhalkos), "which they use[d] for ornaments and for cutting as money", and they imported "a little money (denarion) for [use by] foreigners who live there." It can be inferred, therefore, that early Aksumite kings, located on the international trading waters of the Red Sea
Red Sea
The Red Sea is a seawater inlet of the Indian Ocean, lying between Africa and Asia. The connection to the ocean is in the south through the Bab el Mandeb strait and the Gulf of Aden. In the north, there is the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez...

, recognized the utility of a standardized currency for facilitating both domestic and international trade.

Influences

Though Aksumite coins are indigenous in design and creation, some outside influences encouraging the use of coins is undeniable. By the time coins were first minted in Aksum, there was widespread trade with Romans
Roman Empire
The Roman Empire was the post-Republican period of the ancient Roman civilization, characterised by an autocratic form of government and large territorial holdings in Europe and around the Mediterranean....

 on the Red Sea
Red Sea
The Red Sea is a seawater inlet of the Indian Ocean, lying between Africa and Asia. The connection to the ocean is in the south through the Bab el Mandeb strait and the Gulf of Aden. In the north, there is the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez...

; Kushana or Persian influence also cannot be ruled out. Roman, Himyar
Himyar
The Himyarite Kingdom or Himyar , historically referred to as the Homerite Kingdom by the Greeks and the Romans, was a kingdom in ancient Yemen. Established in 110 BC, it took as its capital the modern day city of Sana'a after the ancient city of Zafar...

ite, and Kushana coins have all been found in major Aksumite cities, however, only very small quantities have been attested and the circulation of foreign currency seems to have been limited. Though South Arabia
South Arabia
South Arabia as a general term refers to several regions as currently recognized, in chief the Republic of Yemen; yet it has historically also included Najran, Jizan, and 'Asir which are presently in Saudi Arabia, and Dhofar presently in Oman...

n kingdoms had also minted coins, they had already gone out of use by the time of certain Aksumite involvement in South Arabia under GDRT
GDRT
GDRT was a king of the Kingdom of Aksum , known for being the first king to involve Axum in the affairs of what is now Yemen. He is known primarily from inscriptions in South Arabia that mention him and his son BYGT...

, and only very rarely produced electrum
Electrum
Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals. It has also been produced artificially. The ancient Greeks called it 'gold' or 'white gold', as opposed to 'refined gold'. Its color ranges from pale to bright yellow, depending on the...

 or gold
Gold coin
A gold coin is a coin made mostly or entirely of gold. Gold has been used for coins practically since the invention of coinage, originally because of gold's intrinsic value...

 denominations (silver
Silver coin
Silver coins are possibly the oldest mass produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks. Their silver drachmas were popular trade coins....

 mainly in Saba'
Sabaeans
The Sabaeans or Sabeans were an ancient people speaking an Old South Arabian language who lived in what is today Yemen, in the south west of the Arabian Peninsula.Some scholars suggest a link between the Sabaeans and the Biblical land of Sheba....

 and Himyar, while bronze
Bronze
Bronze is a metal alloy consisting primarily of copper, usually with tin as the main additive. It is hard and brittle, and it was particularly significant in antiquity, so much so that the Bronze Age was named after the metal...

 in Hadhramaut
Hadhramaut
Hadhramaut, Hadhramout, Hadramawt or Ḥaḍramūt is the formerly independent Qu'aiti state and sultanate encompassing a historical region of the south Arabian Peninsula along the Gulf of Aden in the Arabian Sea, extending eastwards from Yemen to the borders of the Dhofar region of Oman...

), making influence unlikely. The major impetus, however, was not emulation but economical; the Red Sea and its coasts had always been an international trade area and coins would greatly facilitate trade and wealth in the now "world power." Despite these influences, the coins were of genuinely indigenous design, and foreign influences were relatively weak and few in number.

Pre-Christian period

Aksumite currency came in the later stages of the growth of the empire when its Golden Age
Golden Age
The term Golden Age comes from Greek mythology and legend and refers to the first in a sequence of four or five Ages of Man, in which the Golden Age is first, followed in sequence, by the Silver, Bronze, and Iron Ages, and then the present, a period of decline...

 had already begun. The minting of coins began around 270, beginning with the reign of Endubis.

Gold

Gold seems to have been acquired from a number of sources. Gold probably came from Sasu (southern Sudan
Sudan
Sudan , officially the Republic of the Sudan , is a country in North Africa, sometimes considered part of the Middle East politically. It is bordered by Egypt to the north, the Red Sea to the northeast, Eritrea and Ethiopia to the east, South Sudan to the south, the Central African Republic to the...

), as well as more nearby Ethiopia
Ethiopia
Ethiopia , officially known as the Federal Democratic Republic of Ethiopia, is a country located in the Horn of Africa. It is the second-most populous nation in Africa, with over 82 million inhabitants, and the tenth-largest by area, occupying 1,100,000 km2...

n sources, though the latter isn't well documentated for the north. A gold trade from the southern areas of Ethiopia such as the medieval province/kingdom of Innarya has been attested from the 6th century (i.e. from the writings of Cosmas Indicopleustes
Cosmas Indicopleustes
Cosmas Indicopleustes was an Alexandrian merchant and later hermit, probably of Nestorian tendencies. He was a 6th-century traveller, who made several voyages to India during the reign of emperor Justinian...

) and continued through James Bruce
James Bruce
James Bruce was a Scottish traveller and travel writer who spent more than a dozen years in North Africa and Ethiopia, where he traced the origins of the Blue Nile.-Youth:...

's day (18th c.). Gold also came from more northerly sources such as Gojjam
Gojjam
Gojjam was a kingdom in the north-western part of Ethiopia, with its capital city at Debre Marqos. This region is distinctive for lying entirely within the bend of the Abbay River from its outflow from Lake Tana to the Sudan...

, Beja
Beja people
The Beja people are an ethnic group dwelling in parts of North Africa and the Horn of Africa.-Geography:The Beja are found mostly in Sudan, but also in parts of Eritrea, and Egypt...

 lands, and what is now Eritrea
Eritrea
Eritrea , officially the State of Eritrea, is a country in the Horn of Africa. Eritrea derives it's name from the Greek word Erethria, meaning 'red land'. The capital is Asmara. It is bordered by Sudan in the west, Ethiopia in the south, and Djibouti in the southeast...

, though the latter two are less certain. However, a recent gold exploration assay in Eritrea has found significant gold deposits at Emba Derho, and deposits are also attested at Zara in central-western Eritrea.

Silver and others

While local sources of gold are attested during the Aksumite era, silver
Silver
Silver is a metallic chemical element with the chemical symbol Ag and atomic number 47. A soft, white, lustrous transition metal, it has the highest electrical conductivity of any element and the highest thermal conductivity of any metal...

 seems to have been rarer in Aksum. No mention of silver mines in the region exist until the 15th and 16th centuries. Though silver was imported as attested by the Periplus of the Erythraean Sea, given the preponderance of silver coins, it could not have been the only source of silver in Aksum. Furthermore, a significant number of the silver coins contain gold inlays (presumably to increase the value), which would have been unnecessary if silver were so rare that it had to be mainly imported. Silver may have been obtained from the refinement of gold, which sometimes occurs naturally with silver in an alloy called electrum
Electrum
Electrum is a naturally occurring alloy of gold and silver, with trace amounts of copper and other metals. It has also been produced artificially. The ancient Greeks called it 'gold' or 'white gold', as opposed to 'refined gold'. Its color ranges from pale to bright yellow, depending on the...

. Copper
Copper
Copper is a chemical element with the symbol Cu and atomic number 29. It is a ductile metal with very high thermal and electrical conductivity. Pure copper is soft and malleable; an exposed surface has a reddish-orange tarnish...

 and bronze
Bronze
Bronze is a metal alloy consisting primarily of copper, usually with tin as the main additive. It is hard and brittle, and it was particularly significant in antiquity, so much so that the Bronze Age was named after the metal...

 do not seem to have existed locally in the Aksumite empire, though they were noted as imports in the Periplus of the Erythraean Sea.

Value

Though the gold coins were certainly the most valuable issue, followed by the silver one, the exact relationship between the three issues (gold, silver, and bronze) is not known. The supply of gold was closely controlled by the Aksumite state, as noted by Cosmas Indicopleustes, and other precious metals were undoubtedly also closely controlled, allowing the Aksumite state to ensure the usage of its currency.

The quality of the Aksumite coins were also closely controlled, usually of high purity. For example, the lowest purity of gold recorded thus far for Aphilas is 90%. Early issues were often very close to their theoretical weights, and some were even over.) However, the weight of the coins tended to decrease over time (though not continuously or uniformly). This may have reflected a desire to conform to the Diocletian monetary reform of 301
301
Year 301 was a common year starting on Wednesday of the Julian calendar. At the time, it was known as the Year of the Consulship of Postumius and Nepotianus...

, when the aureus
Aureus
The aureus was a gold coin of ancient Rome valued at 25 silver denarii. The aureus was regularly issued from the 1st century BC to the beginning of the 4th century, when it was replaced by the solidus...

 was decreased from 1/60 of a pound to 1/72. Despite decreases in weight, the purity of the gold was largely maintained, even by later kings. The relative abundance of Aksumite coins as well as the many that have yet to be found indicate that Aksum must have had access to large quantities of gold.

Design

The coins were often inscribed in Greek
Greek language
Greek is an independent branch of the Indo-European family of languages. Native to the southern Balkans, it has the longest documented history of any Indo-European language, spanning 34 centuries of written records. Its writing system has been the Greek alphabet for the majority of its history;...

, as much of its trade was with the "Graecised Orient." Later inscriptions would make more use of Ge'ez
Ge'ez language
Ge'ez is an ancient South Semitic language that developed in the northern region of Ethiopia and southern Eritrea in the Horn of Africa...

, the language of the Aksumites, perhaps indicating a decline in its use for more international trade (i.e. with Rome and India). The obverse of the coins would always feature an image of the king (almost always in profile) wearing either a crown or helmet/regnal headcloth. The headcloth had some image perhaps representing pleats, rays, or sunburst in the front, as well as the tied end of a cloth or fillet to hold the helmet or headcloth in place. Most coins also included an inscription (usually in Greek) meaning "King of Aksum" or King of the Aksumites" (Basileus AXWMITW). However, many coins were also minted anonymously (or even posthumously), especially during the 5th century. Inscriptions on the coins could include a bisi name ("man of," Ge'ez
Ge'ez language
Ge'ez is an ancient South Semitic language that developed in the northern region of Ethiopia and southern Eritrea in the Horn of Africa...

 bə'əsyä ብእስየ) or an epithet (beginning with Əllä, Ge'ez እለ "he who") in addition to the king's personal name. Bisi names were used more often in conjuncture with personal names on earlier coins, while the epithets were more common in later years, being the only inscribed name in a few sources. Greek text was used in conjunction with Ge'ez inscriptions, but was the only language used on the gold coins, with the exception of the Ge'ez language
Ge'ez language
Ge'ez is an ancient South Semitic language that developed in the northern region of Ethiopia and southern Eritrea in the Horn of Africa...

 coins of Wazeba and MHDYS
MHDYS
MHDYS was a king of Axum . He is primarily known through the coins minted during his reign.Mehadeyis restored Ge'ez as the language used on all his coins...

. Over time, the Greek used on the coins (gold, silver and bronze) deteriorated, indicative of Aksum's decline. Moreover, beginning with MHDYS
MHDYS
MHDYS was a king of Axum . He is primarily known through the coins minted during his reign.Mehadeyis restored Ge'ez as the language used on all his coins...

 for bronze coins and Wazeba for silver coins, Ge'ez gradually replaced Greek on the legends.

Mottoes

Aksumite coins used a number of mottoes throughout the period in which they were minted, beginning in the early 4th century. Around this time, numerous anonymous bronze coins with simply Βασιλεύς (Basileus, "King") on the obverse were minted by either King Ezana
Ezana of Axum
Ezana of Axum , was ruler of the Axumite Kingdom located in present-day Ethiopia, Eritrea, Yemen, he himself employed the style "king of Saba and Salhen, Himyar and Dhu-Raydan"...

 or one of his successors. The coins bore the first example of an Aksumite motto on the reverse, "May this please the people" (Greek
Greek alphabet
The Greek alphabet is the script that has been used to write the Greek language since at least 730 BC . The alphabet in its classical and modern form consists of 24 letters ordered in sequence from alpha to omega...

 TOYTOAPECHTHXWPA). It was later written in unvocalized Ge'ez as "ለሐዘበ ፡ ዘየደአ" LʾḤZB ZYDʾ and under King Kaleb
Kaleb of Axum
Kaleb is perhaps the best-documented, if not best-known, king of Axum. Procopius of Caesarea calls him "Hellestheaeus", a variant of his throne name Ella Atsbeha or Ella Asbeha...

 also "ለሀገረ ፡ ዘየደአ" LHGR ZYDʾ, "may this please the city [country]." Similar mottoes were used by other kings. Coins of the early 7th century Emperor Armah
Armah
Armah was a king of Axum. He is primarily known through the coins minted during his reign, although it has been suggested as long ago as 1895 that he was identical to Ashama ibn Abjar, who gave shelter to the Muslim emigrants around 615-6 at Axum....

 had inscribed on the back "ፈሰሐ ፡ ለየከነ ፡ ለአዘሐበ" FŚḤ LYKN LʾḤZB (vocalization: ፍሥሓ ፡ ለይኲን ፡ ለአሕዛብ ፡ fiśśiḥā la-yikʷin la-'aḥzāb, "Let the people be glad," lit. "Gladness let there be to the peoples").

Endubis

Endubis, the first known Aksumite
Aksumite Empire
The Kingdom of Aksum or Axum, also known as the Aksumite Empire, was an important trading nation in northeastern Africa, growing from the proto-Aksumite Iron Age period ca. 4th century BC to achieve prominence by the 1st century AD...

 king to mint coins, focused almost entirely on his image on both the obverse and reverse. The images were of his head and upper half of his chest in profile, wearing a regnal headcloth or helmet and abundant jewelry. In addition to inscribing his regnal name, Endubis also noted his "bisi name, a practice continued by his early successors, but often missing in later coins. The bisi name was a sort of tribal affiliation or "ethnikon" (i.e. a reference to the king's lineage) that was different for every king. Endubis also emphasized his religion through the pre-Christian symbol of the disk and crescent as a propaganda method (a purpose which the coins already served). A second motif used by Endubis and continued by following coins was that of two (though sometimes one in later years) ears of barley or wheat around the image of his head in profile. Though no inscriptional evidence exists, given its prominent position around the image of the king, the two ears of barley (or wheat) may have been representative symbols of the Aksumite state. Though later coins would be smaller, Endubis chose the Roman aureus to standardize Aksumite coin weights against, with gold issues at half-aureus around 2.70 grams (more precisely, the theoretical weight may have been 2.725g).

Aphilas

Whereas all of Endubis's coins feature the king with a headcloth or helmet, Aphilas's coins show the king wearing an impressive high crown on top of the headcloth. The crown featured colonnades of arches supporting high spikes, on top of which rested large discs of unidentified composition. In addition to the crown and headcloth, Aphilas's coins included further images of regalia, such as a spear, a branch with berries, the depiction of the arms, the addition of tassels with fringes to the imperial robe, and more jewelry, such as amulets and bracelets. Despite this innovation, Aphilas continued to use the image of himself in the regnal headcloth in some coins, sometimes as the reverse, while his crowned image is only found on the obverse.

One of his issues included his frontal image on the obverse, which ended with his reign and was only revived by the late kings. Two other minting features of Aphilas were also abandoned by later rulers. One of these was the use of just the inscription "King Aphilas" as the reverse of a coin, the only purely epigraphical side ever used on an Aksumite coin. The other was his use of a single ear of barely or wheat as a reverse, though his use of two ears circling around the king's image continued.

Aphilas introduced a number of different standards for all three metals, some of which lasted through to the 7th century, while the use of others ended with his reign. His new gold coins (issued in conjunction with the older) of a quarter aureus and eighth aureus were soon abandoned (each are known from only one specimen), and 1/16 aureus coins have been found, though these are more likely to be deliberate debasements to increase profit (Aksumite gold was generally very pure, however). Aphilas's silver coin, however, issued at half the weight of the former, became the new Aksumite standard for silver up until the end of coinage. The older coin was presumably more valuable than needed, and the new coin remedied the problem. Aphilas's bronze issue, however, was instead doubled to 4.83 grams. The coin's rarity may attest to its quick withdrawal from the market, as is assumed with his quarter-aureus. These two issues are the only one of Aphilas's issues to portray him frontally, rather than in profile.

Ezana

During Ezana's reign a major change in both the Aksumite kingdom
Aksumite Empire
The Kingdom of Aksum or Axum, also known as the Aksumite Empire, was an important trading nation in northeastern Africa, growing from the proto-Aksumite Iron Age period ca. 4th century BC to achieve prominence by the 1st century AD...

 and its coinage took place as a result of the change of the official religion to Christianity
Christianity
Christianity is a monotheistic religion based on the life and teachings of Jesus as presented in canonical gospels and other New Testament writings...

, one of the first states ever to do so. While Ezana's coins in the first half of his reign are almost identical to those of Aphilas, barring minimal weight reductions, those of his second half employ revolutionary designs. With his conversion to Christianity, Ezana began to feature the Cross
Christian cross
The Christian cross, seen as a representation of the instrument of the crucifixion of Jesus Christ, is the best-known religious symbol of Christianity...

 on his coins, the first time the Christian cross had ever been featured in coinage in the world. Some of his gold Christian coins are of the weight before Constantine I
Constantine I
Constantine the Great , also known as Constantine I or Saint Constantine, was Roman Emperor from 306 to 337. Well known for being the first Roman emperor to convert to Christianity, Constantine and co-Emperor Licinius issued the Edict of Milan in 313, which proclaimed religious tolerance of all...

's weight reform in 324, indicating a conversion before this date or perhaps a few years after, as the Aksumite coinage may not have changed weights immediately. Along with the adoption of the Cross on his coins came, of course, the abandonment of the star and crescent
Star and crescent
A star and crescent featuring in some combination form the basis of symbols widely found across the ancient world, with examples attested from the Eastern Mediterranean and Central Asia....

 symbol on the coins. Later Christian coins reflect the adoptment of the 4.54 g standard by Constantine, with theoretical weights in Aksumite coins likewise dropping to 1.70 g for the gold coins.

Coins of Ezana without any symbol at all have also been found, along with similar symboless coins of his father, Ousanas
Ousanas
Ousanas was a king of Axum. S. C. Munro-Hay believes that it is "very likely" that Ousanas is the king to whom Aedesius and Frumentius were brought; this king is called in Ethiopian tradition "Ella Allada" or Ella Amida. "Ella Amida" would then be his throne name, although "Ousanas" is the name...

. These may reflect a transition in the religion in Aksum when Frumentius was influencing Ezana's father and gathering Christians in the country, giving weight to the writings of Rufinus
Tyrannius Rufinus
Tyrannius Rufinus or Rufinus of Aquileia was a monk, historian, and theologian. He is most known as a translator of Greek patristic material into Latin—especially the work of Origen.-Life:...

. The lack of symbol altogether may reflect an uncertainty as how best to exhibit the change in religion of the Aksumite state.

Gold coins

The gold coin weighed on average 2.5-2.8 grams and was 15–21 mm in diameter at the start of issue, in 270-300. This would make it half an Aureus which weighed 4.62-6.51 grams at the time of Probus. The issue of Israel
Israel of Axum
Israel was a king of Axum. He is primarily known through the coins minted during his reign....

 (570-600) weighed 1.5 grams and was 17 mm in diameter
Diameter
In geometry, a diameter of a circle is any straight line segment that passes through the center of the circle and whose endpoints are on the circle. The diameters are the longest chords of the circle...

. The Roman solidus
Solidus (coin)
The solidus was originally a gold coin issued by the Romans, and a weight measure for gold more generally, corresponding to 4.5 grams.-Roman and Byzantine coinage:...

 of Maurice
Maurice (emperor)
Maurice was Byzantine Emperor from 582 to 602.A prominent general in his youth, Maurice fought with success against the Sassanid Persians...

 Tiberius was 4.36-4.47 grams. A majority of these coins were found in South Arabia
South Arabia
South Arabia as a general term refers to several regions as currently recognized, in chief the Republic of Yemen; yet it has historically also included Najran, Jizan, and 'Asir which are presently in Saudi Arabia, and Dhofar presently in Oman...

 and not Aksum. The name is unknown so it is referred to as an AU Unit.

Silver coinage

Also starting with Endubis these coins were 2.11-2.5 grams in weight which is half the weight of a Roman antoninianus
Antoninianus
The antoninianus was a coin used during the Roman Empire thought to have been valued at 2 denarii. It was initially silver, but was slowly debased to bronze. The coin was introduced by Caracalla in early 215 and was a silver coin similar to the denarius except that it was slightly larger and...

 of 3.5-4.5 gram
Gram
The gram is a metric system unit of mass....

s. A Denarius
Denarius
In the Roman currency system, the denarius was a small silver coin first minted in 211 BC. It was the most common coin produced for circulation but was slowly debased until its replacement by the antoninianus...

 in the early 3rd century was 2.5-3.00 grams of 52% or less of silver, but the Aksum coins were almost pure silver at first later debased. The name is unknown so it is referred to as an AR Unit.

Base coinage

Most bronze and silver coins have mainly been found in Aksum territory with very few pieces found in Judea
Judea
Judea or Judæa was the name of the mountainous southern part of the historic Land of Israel from the 8th century BCE to the 2nd century CE, when Roman Judea was renamed Syria Palaestina following the Jewish Bar Kokhba revolt.-Etymology:The...

, Meroë
Meroë
Meroë Meroitic: Medewi or Bedewi; Arabic: and Meruwi) is an ancient city on the east bank of the Nile about 6 km north-east of the Kabushiya station near Shendi, Sudan, approximately 200 km north-east of Khartoum. Near the site are a group of villages called Bagrawiyah...

 and Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...

. They are based roughlty on the size of older Roman As and Sestertius
Sestertius
The sestertius, or sesterce, was an ancient Roman coin. During the Roman Republic it was a small, silver coin issued only on rare occasions...

 in shape and thickness. The design also developed like Roman coins in first being good but then the pictures turn archaic and non recognisable. The name is unknown so it is referred to as a AE
AE
AE can refer to:- Engineering and economics :* Acoustic emission, a nondestructive testing method* Adverse event in a clinical trial* Aerospace engineering* Aggregate expenditure, in economics* Agricultural engineering- Science :...

 diameter im mm Unit, like AE17 for a coin of 17 mm.

Trade

At the time of Aksum's minting of currency, the state already had a long trade history with Greece, Rome, the Persian Empire, and India. That coinage began so late is in fact a little surprising. The late use of coinage may be attributed to the lack of a developed economy, required for coinage to be accepted. Most Aksumite coins were found in the large trade centres with very few in remote villages, where trade would be more through barter
Barter
Barter is a method of exchange by which goods or services are directly exchanged for other goods or services without using a medium of exchange, such as money. It is usually bilateral, but may be multilateral, and usually exists parallel to monetary systems in most developed countries, though to a...

 and not coinage based. In fact, the motivation for Aksum's initial minting of coins was for foreign trade and markets, as evidenced by the use of Greek on most of its coins. Moreover, gold coins seem to have been intended primarily for external trade, while copper and silver coins probably mainly circulated within the Aksumite empire, as the gold issues generally specified "king of the Aksumites" as title of the Aksumite king, whereas the title of silver and copper issues generally only read "king." International use of Aksumite coins seems to have begun early on, as coins of King Ezana and even of King Aphilas (the second Aksumite ruler to issue coins) have been found in India.

Decline

During the 7th century, Aksumite power began to fail, and Ethiopian society began to withdraw further into the highland hinterlands
Ethiopian Highlands
The Ethiopian Highlands are a rugged mass of mountains in Ethiopia, Eritrea , and northern Somalia in the Horn of Africa...

, with the coastal areas becoming peripheral areas (whereas Adulis
Adulis
Adulis or Aduli is an archeological site in the Northern Red Sea region of Eritrea, about 30 miles south of Massawa. It was the port of the Kingdom of Aksum, located on the coast of the Red Sea. Adulis Bay is named after the port...

 on the coast was once the second city of Aksum). The coins continued circulation, but were restricted to more local areas such as Nubia
Nubia
Nubia is a region along the Nile river, which is located in northern Sudan and southern Egypt.There were a number of small Nubian kingdoms throughout the Middle Ages, the last of which collapsed in 1504, when Nubia became divided between Egypt and the Sennar sultanate resulting in the Arabization...

, South Arabia and the Horn of Africa
Horn of Africa
The Horn of Africa is a peninsula in East Africa that juts hundreds of kilometers into the Arabian Sea and lies along the southern side of the Gulf of Aden. It is the easternmost projection of the African continent...

.

Archaeology

Due to the nature of the coins (e.g. providing kings' names), they have proved essential in constructing a chronology of the Kings of Aksum. An estimated 98% of the city of Aksum
Axum
Axum or Aksum is a city in northern Ethiopia which was the original capital of the eponymous kingdom of Axum. Population 56,500 . Axum was a naval and trading power that ruled the region from ca. 400 BC into the 10th century...

 remains unexcavated, and other areas even more so. Through analysis of the number of coins produced and the style of coins, archaeologists have been able to construct a rough chronology, generally agreed upon until the late 6th and 7th century kings. Of the 20 Aksumite Kings attested by their coins, inscriptions corroborate the existence of only two, who happen to be the most famous kings: Ezana
Ezana of Axum
Ezana of Axum , was ruler of the Axumite Kingdom located in present-day Ethiopia, Eritrea, Yemen, he himself employed the style "king of Saba and Salhen, Himyar and Dhu-Raydan"...

 and Kaleb
Kaleb of Axum
Kaleb is perhaps the best-documented, if not best-known, king of Axum. Procopius of Caesarea calls him "Hellestheaeus", a variant of his throne name Ella Atsbeha or Ella Asbeha...

, both of whose reigns were periods of exceptional prosperity during the height of the Aksumite kingdom.

Many coins have been found in northern Ethiopia and Eritrea, the central region of Aksum, though Aksumite coins are reported to have been found in Arato and Lalibela. Many coins have been also found further afield. Numerous hoards of coins (always gold save one silver coin) have been found in Southern Arabia, much more than in Aksum itself, attesting perhaps to an Aksumite presence in parts of the region (perhaps supporting the use of titles claiming control over parts of South Arabia from GDRT
GDRT
GDRT was a king of the Kingdom of Aksum , known for being the first king to involve Axum in the affairs of what is now Yemen. He is known primarily from inscriptions in South Arabia that mention him and his son BYGT...

's time). The hoards may be the remnants of hoards left in Kaleb's time (perhaps used to pay soldiers), when it was under an Aksumite governor. Outside of the Horn of Africa
Horn of Africa
The Horn of Africa is a peninsula in East Africa that juts hundreds of kilometers into the Arabian Sea and lies along the southern side of the Gulf of Aden. It is the easternmost projection of the African continent...

 and Arabian Peninsula
Arabian Peninsula
The Arabian Peninsula is a land mass situated north-east of Africa. Also known as Arabia or the Arabian subcontinent, it is the world's largest peninsula and covers 3,237,500 km2...

, coins have been found as far as Israel
Israel
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...

, Meroe
Meroë
Meroë Meroitic: Medewi or Bedewi; Arabic: and Meruwi) is an ancient city on the east bank of the Nile about 6 km north-east of the Kabushiya station near Shendi, Sudan, approximately 200 km north-east of Khartoum. Near the site are a group of villages called Bagrawiyah...

, Egypt, and India. Silver and copper coins are mainly found in Aksum, though some can be traced to Palestinian
Palestine
Palestine is a conventional name, among others, used to describe the geographic region between the Mediterranean Sea and the Jordan River, and various adjoining lands....

 pilgrim centers.

In addition to historical evidence, the coins' use of Ge'ez provides valuable linguistic information. Though rarely used, the vocalization of Ge'ez sometimes employed on Aksumite coins allows linguists to analyze vowel changes and shifts that cannot be represented in the older Semitic
Semitic languages
The Semitic languages are a group of related languages whose living representatives are spoken by more than 270 million people across much of the Middle East, North Africa and the Horn of Africa...

 abjad
Abjad
An abjad is a type of writing system in which each symbol always or usually stands for a consonant; the reader must supply the appropriate vowel....

s such as Hebrew
Hebrew language
Hebrew is a Semitic language of the Afroasiatic language family. Culturally, is it considered by Jews and other religious groups as the language of the Jewish people, though other Jewish languages had originated among diaspora Jews, and the Hebrew language is also used by non-Jewish groups, such...

, Arabic
Arabic language
Arabic is a name applied to the descendants of the Classical Arabic language of the 6th century AD, used most prominently in the Quran, the Islamic Holy Book...

, South Arabian
South Arabian alphabet
The ancient Yemeni alphabet branched from the Proto-Sinaitic alphabet in about the 9th century BC. It was used for writing the Yemeni Old South Arabic languages of the Sabaean, Qatabanian, Hadramautic, Minaean, Himyarite, and proto-Ge'ez in Dʿmt...

, and earlier, unvocalized Ge'ez.

External links

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