Monetary Circulation in Durostorum as a Reflection of the Crisis in the Roman Empire (294–498) Cover Image

Монетната циркулация в Дуросторум като отражение на кризата в Римската империя (294–498)
Monetary Circulation in Durostorum as a Reflection of the Crisis in the Roman Empire (294–498)

Author(s): Svetlana Gancheva
Subject(s): History, Archaeology, Economy, Economic history, Ancient World, Financial Markets, Socio-Economic Research
Published by: Център за стопанско-исторически изследвания
Keywords: Durostorum; Monetary Circulation; Crisis; Roman Empire

Summary/Abstract: Emperor Diocletian (284 - 305) started a number of reforms that led to a completely new stage in the development of the Roman Empire. The period of 294 – 498, subject of the study, is characterized by conflicts for the power, with years of development, followed by economic instability and barbaric threats, all of which affect commodity-money relations, the market and circulation processes to one degree or another. As a major feature of the dynamics of circulation is used the coin / year ratio, who express the rate of receipt of the coins. It is accepted, that the comparison of values for each period objectively reflects fluctuations in the local money market, which are due to military-political and economic reasons. Based on the monetary circulation in Durostorum, one of the most important centers in the northern border zone of the empire, the development of the city during late antiquity is traced.

  • Issue Year: IV/2019
  • Issue No: 1
  • Page Range: 263-274
  • Page Count: 14
  • Language: Bulgarian