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Yuan dynasty banknotes are the earliest known fiat money. Fiat money is a currency established as money by government regulation or law. The term derives from the Latin fiat (let it become, it will become) used in the sense of an order or decree. It differs from commodity money and representative money.
November 23, 2010 â¢ Currencies â¢ by EconomyWatch. Currency symbols are graphical signs that represent a particular countryâs currency. For instance, the currency symbol for the euro is â¬ and that for the US dollar is $. Currency symbols are used to replace currency names or currency codes.ovember 23, 2010 â¢ Currencies â¢ by EconomyWatch. Currency symbols are graphical signs that represent a particular countryâs currency. For instance, the currency symbol for the euro is â¬ and that for the US dollar is $. Currency symbols are used to replace currency names or currency codes.