top of page

Is Salt the Worlds Oldest Currency?

Despite the widespread use of salt as a medium of exchange, it is not the oldest form of currency. The oldest known currency is the Mesopotamian shekel, which dates back to around 3000 BCE.


Despite its widespread use, salt was never a standardized form of currency, and its value could vary greatly depending on the region and availability. The transport and storage of salt could also be challenging due to its weight and bulk, making it less convenient than other forms of currency. Keep in mind that salt could easily be destroyed by water or moisture, which made it difficult to be a standardized currency.


The Mesopotamian Shekel: The World's Oldest Currency


The Mesopotamian shekel holds the title of the oldest known currency, dating back to around 3000 BCE. This form of currency originated in ancient Mesopotamia, a region that includes modern-day Iraq, Kuwait, and parts of Syria, Iran, and Turkey. The shekel was a unit of weight, usually represented by a specific amount of barley or silver.

Babylonian Shekel Weights

Unlike salt, the shekel was more standardized, with a fixed weight representing a particular value. The use of the shekel allowed for more consistent pricing of goods and services and facilitated trade within the region. Silver shekels, in particular, were more portable and easier to transport than salt, making them a more convenient form of currency.


The use of salt as a currency eventually declined with the rise of coinage and paper money. The increased availability of salt through improved production and transportation methods also contributed to its diminished value. However, the historical significance of salt as a medium of exchange and its impact on trade, economy, and society cannot be overlooked.


Comments


bottom of page