The effect of trade on the structure and monetary system of the era of Bahrī Mamlūks (648-784 AH)

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:

One of the most important factors influencing the monetary system of the Bahri Mamluks (784-648 AH) was trade. The Bahri MamluKs from the time of coming to power, by dominating the ports of the Mediterranean and Red Seas, flourished maritime trade from China to Europe.They supplied the gold and silver needed to mint coins through trade with West Africa and imports from elsewhere. But at some point in their time, this monetary system became disordered for some reason. Dinars and dirhams in the Bahri Mamluks countries as a valuable and religious coin, the factor of economic stability and Messi coins, illegal money and one of the destructive factors of the economy of Bahri Mamluks. This research, which is a kind of historical research, with a descriptive-analytical method, seeks to answer the question of what effect trade had on their monetary structure in the era of maritime countries? What was their monetary system like? As a result of research is determined that the Bahri Mamluks monetary system was influenced by foreign trade and as long as enough gold and silver entered their territory and minted high-denomination coins, they were economically stable and since imports of gold and silver declined and copper coins were minted and used extensively in trading, the economies and monetary system of the Bahri Mamluks were in Inflation crisis.

Language:
Persian
Published:
Journal of Institute for humanities and cultural studies, Volume:10 Issue: 2, 2022
Pages:
29 to 53
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