Industry WIKI

The Bank of Hamburg (German: Hamburger Bank) was a public credit institution founded in 1619 by the Free City of Hamburg. It issued a fully silver-backed currency known as the Mark Banco, which was used to stabilize trade and protect against debased coinage. It operated independently until 31 December 1875, when it became part of the newly created Reichsbank.

A world currency, supranational currency, or global currency is a currency that is widely used in international finance or in international trade to price goods or other transactions. It is generally a currency which is stable in terms of inflation and has a high demand on the foreign exchange market. Greek and Roman coins were the first world currency, followed by Dutch guilders in the