Debasement the intrinsic value of the coinage and so more coins can be made with the same quantity of precious metal. If done too frequently, debasement may lead to a new coin being adopted as a standard currency, as when the Ottoman Akçe was replaced by the kuruş (1 kuru = 120 akçe), with the para (1/40 kuruş) as a subunit. The kuruş in turn later became a subdivision of the lira. Debasement Debasement is the practice of lowering the value of currency. It is particularly used in connection with commodity money such as gold or silver coins. A coin is
Kuru, Nigeria Kuru, Nigeria Kuru is located on the Jos Plateau in north-central Nigeria commonly referred as the middle belt region of Nigeria. Located about 20 km to Jos on the Jos-Abuja highway in Plateau State. Kuru is a conglomerate of other small semi - developed villages, hamlets and households not too far from one another. Kuru is made up of villages namely Kuru Secondary, Kuru Village, Kuru Karama (Small Kuru), Kuru Baba (Big Kuru), Kuru Trade centre etc. Modern day development brought the Location of the National Institute For Policy and Strategic Studies near Vom, but the name Kuru was chosen