Different

Types of
Money
 TY P E S O F
MONEY
C o m m o d ity Mo n e y
Metallic Money
Pa p e r Mo n ey
Bank Money
Electronic Money
Commodity
Money
IT IS THE SIMPLEST KIND OF MONEY
WHICH IS USED IN BARTER SYSTEM
WHERE THE VALUABLE RESOURCES
FULFILL THE FUNCTIONS OF MONEY.

EXAMPLES : GOLD , BEADS , SHELLS,

PEARLS, STONES, TEA, GRAINS, SUGAR,
METAL
.
Metallic Money
Metallic m o n e y c o n s i s t s of
gold coins, silver coins, m e t a l
coins.
Metallic m o n e y is of two
kinds.
i. Full b o d i e d m o n e y
i i . To k e n m o n e y
 Full Bodied M o n e y
M
T h e m e t a l l i c v a l u e of c o i n is
E e q u a l t o t h e i r face v a l u e .

T It is a ls o ca lle d s t a n d a r d
m o n e y o r n a t u r a l m o n e y.
A
L To k e n C o i n s
L T h e f ace v a l u e of c o i n is
higher t h a n t h e metallic
I value.
C They a r e u s u a l l y m a d e of
silver, c o p p e r o r n i c k e l .
 A c o u n t r y ' s official, p a p e r c u r r e n c y
t h a t is cir cu la t e d fo r t r a n s a ct io n -

related purposes.

I t s p r i n t i n g is typically r e g u l a t e d by

PAPER
a country's central bank in order to

k e e p t h e flow of m o n e y i n l i n e w i t h

MON EY m o n e t a r y policy.

P a p e r C u r r e n c y is of f o u r t y p e s :

i. Representative Money

ii. Convertible Money

iii.Inconvertible Money

iv.Fiat M o n e y .
P Representative Money Convertible Money
A
P P a p e r m o n e y t h a t is fully
b a c k e d by gold a n d silver
Th e p a p e r m o n e y w h i c h
is co n ve r t ib le in t o
E reserves s t a n d a r d co in s .
R
M
O Inconvertible Money Fiat Money
N P a p e r m o n e y w h i c h is n o t It is b a c k e d n e i t h e r by t h e
E convertible into standard metallic nor the fiduciary

Y coins or valuable m e t a l s reserves and no guarantee

in c o n v e r s i o n of v a l u a b l e
m e t a ls .
 B AN K M O N E Y
It r e f e r s to t h e f u n d s h e l d in d e m a n d
deposit accounts in commercial
banks.
B a n k m o n e y i n c l u d e s c h e q u e s , bills of
exchange, and drafts.
B a n k m o n e y is p l a y i n g a vital role in
the economic development because

varies transactions are settled

w i t h o u t t h e u s e of p a p e r m o n e y.
E- Money
Electronic Mo ney ( E - M o n e y ) is t h e
term used for new age Money
system.
It is broadly defined as an
ele c tronic s t o r e of m o n e t a r y value.
The m o n e y is s t o r e d in certain
electronic cash cards.
Examples are Credit Card, Debit
card, Charge card etc.
 References

https://www.slideshare.net/Samiursajal/histor
y-of-money-and-types-with-features
https://www.slideshare.net/pantlalitk/money -
61851121
M A l d a y, L a n i e J e d e
E A n t e n o r, L o r e A n n e
M B o n , Ve e j a y
Castillo,Ylonah
B G o n d a , J a n n i n e Vi a n e y
E Magtaas, Janella
R Mendoza, Raychelle

S Ve r g a r a , A n n a M a r i e