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What did ancient Egyptians use for money?

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Quick Answer

Ancient Egyptians used coins for money, as well as a system to denote values for valuable medals like copper, silver and gold. Coins were first used by the society in 500 BC.

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Full Answer

The metals would be measured in measurements of about 90 grams, which were referred to as deben. In this quantity, the metals would be used for trade and to also pay for bills for goods and services among the Egyptians. Evidence from 1500-1295 BC demonstrates that there was no actual exchange of the metals, but rather, it worked as a base to determine how much goods were valued within the society.

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