2015 Event The Swiss National Bank has uncapped the Swiss franc against the euro, resulting in a rise in its currency value from 1.20 to 1.04 francs/euro; the bank also reduced interest rates from -.25% to -.75%, increasing costs to investors who store deposits 2015 Event Lithuania changes its currency from litas to euros as it becomes the 19th member of the eurozone currency union 2014 Event Representatives for the Islamic State announce that the group will begin minting its own currency in order to remove itself from the world financial system, which it considers 'satanic' 2014 Event The People's Bank of China widens its trading band for the yuan against the U.S. dollar to within 2% of the determined daily midpoint, moving the currency toward market-based valuation 2013 Event G20 finance ministers focus on the so-named "currency wars" during their meeting in Moscow, Russia 2012 Event Protestors in Iran clash with riot police during their demonstration against the collapse of the rial, the country's currency 2011 Event In Iran, the Central Bank of Iran launches a website which it will use to poll Iranians on planned economic reforms and changing the national currency 2011 Event At a meeting in Nanjing, China, U.S. Treasury Secretary Timothy Geithner says the main problem in the world's monetary system is countries that inhibit the free flow of the value of their currency 2010 Event Thousands of Venezuelan protesters demonstrate for and against President Hugo Chavez' policies surrounding energy shortages and currency revaluation 2009 Event For the first time in 17 years, North Korea raises the value of its currency 2009 Event Slovakia replaces its national currency, the Slovak koruna, with the Euro 2008 Event Cyprus replaces it's currency with the Euro 2008 Event Malta replaces it's currency with the Euro 2007 Event Slovenia begins using the Euro as it's currency 2002 Event The Euro becomes the official currency for most of Europe 1990 Event German Democratic Republic accepts Deutsche Mark as its currency 1990 Event West and East Germany agree to merge currency and economies on July 1st 1980 Event Bank of Canada's Canadian Currency Museum opens 1966 Event Australia introduces 1st decimal currency postage stamps 1965 Event France announces it will convert $150 million of its currency to gold 1957 Event German Dem Rep recalls East Mark and issues new currency 1955 Event Congress authorizes all U.S. currency to say "In God We Trust" 1952 Event Canadain Currency, Mint and Exchange Fund Act allows gold coins of $5, $10, and $20 to be minted 1929 Event U.S. issues newer, smaller-sized paper currency 1919 Event Assent is given to an Act to amend the Canadian Currency Act, 1910 1910 Event Canadian Currency Act, 1910, receives Royal Assent 1908 Event Aldrich Vineland Currency Act forerunner to Federal Reserve System 1900 Event U.S. currency goes on gold standard 1892 Event Netherlands Society for Currency and Coin collecting forms 1871 Event The decimal currency system is made uniform in Canada 1871 Event Canada sets denominations of currency as dollars, cents, and mills 1863 Event Gold certificates (currency) authorized by Congress 1863 Event Lincoln signs National Currency Act 1863 Event Congress creates national banking system, comptroller of currency 1862 Event Paper currency introduced in U.S. by President Abraham Lincoln 1861 Event Confederate currency authorized-$50, $100, $500, $1,000 1858 Event Canada begins using decimal currency system 1857 Event England passes an act putting Canada on the decimal currency system 1857 Event Congress outlaws foreign currency as legal tender in U.S. 1785 Event Congress resolves U.S. currency named "dollar" and adopts decimal coinage 1775 Event Maryland issues currency depicting George III trampling Magna Carta 1775 Event 1st Continental currency issued ($3,000,000) 1775 Event 2nd Continental Congress convenes in Pennsylvania issues paper currency for 1st time 1762 Event Austria uses 1st paper currency 1596 Event King Philip II devalues Spanish currency 1040 Event King Henry III gives Utrecht the Groninger currency
