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[deːˈnaːriiː]) was the standard roman silver coin from its introduction in the second punic war c It was used not only in daily commerce but also to pay soldiers, fund public works, and support the expansive roman bureaucracy. From 200 bc to 64 ad, the silver in a denarius would be worth $3 today
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After that, successive roman emperors reduced the silver contents so that by 271 ad, a denarius would only be worth $0.13 in today’s money During the roman empire, beginning with augustus in 27 bce, the denarius became a cornerstone of the roman monetary system and a symbol of imperial authority However, the purchasing power of a denarius was much higher.
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Based on scholars’ estimates, 2 denarii would have been equivalent to about 2 days’ wages for a common laborer in jesus’ time. Struck continuously through the golden age of the roman republic and the roman empire, the coin was one of the most commonly circulated in its time In the late roman republic through the early days of the roman empire, the denarius was the daily wage for laborers and regular legionaries. A worker could expect to earn about 300 denarii in a year
Today, the equivalent amount of money would be much higher A sesterce was a small denomination of roman currency It was worth one quarter of a denarius, or two assaria The name is derived from the latin word “semus”, meaning “sixth”.
Denarii) was a silver coin that was first minted during the period of the roman republic in 211 bc.
How much do they cost today When you convert denarii to usd by using the international currency exchange rate, one denarius is worth 1.781755 us dollars, as of this writing This is why if you are planning to sell one denarius, you will get 1.781755 us dollars. Introduced in 211 bc, the silver denarius became the primary currency of rome for nearly 500 years
The denarius started with 95% silver content, but emperors gradually reduced its purity to finance wars and state expenses. The denarius contained originally 4.5g silver (100 denarii would weigh about one pound), though throughout the centuries, war and economic crises precipitated weight decreases and silver debasement as a way to increase money.
