monometallism
Related wordbimetallic
When governments used both gold and silver standards this was known as bimetallism.
The Gold Standard Act of the United States established gold as the only standard for redeeming paper money, ending bimetallism.
SMART Vocabulary: related words and phrases
Currencies
Altcoin
ariary
bitcoin
buying power
CDN
decimal currency
escudo
franc
guilder
krone
lira
multi-currency
non-convertible
non-dollar
out of circulation
paisa
rouble
rupiah
shilling
traveller's cheque