The Lydians Invented Money.

Money was invented by the Lydians in the 7th century BCE.

Lydians were the first people to use gold and silver coins and the first to establish retail shops in permanent locations, to promote trade and commerce, according to the ancient Greek historian Herodotus.

Money is a current medium of exchange in the form of coins and banknotes; coins and banknotes collectively.

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The Lydians were an Anatolian people living in Lydia, a region in western Anatolia, who spoke the distinctive Lydian language, an Indo-European language of the Anatolian group. Lydia was an Iron Age kingdom of western Asia Minor located generally east of ancient Ionia in the modern western Turkish provinces of Uşak, Manisa and inland Izmir.

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