
You can make one up in your head, but it's pure fantasy. All these discrepancies make it impossible to compute any sort of exchange rate between dollars and denarii. As pg pointed out, many things which are available today for a dollar were unthinkable even 50 years ago. Other commodities suffer from similar differences, not only with 2000 years of distance, but even closer to us. back then and use that as a baseline to calculate the imaginary USD/DRI exchange rate.
:max_bytes(150000):strip_icc()/what-is-a-denarius-768439-finalv1-dffea2d4fe7646e58ae68c830ca91681.png)
Flash back two thousand years ago, and salt was so precious that it was used as a currency to pay soldiers (hence the name "salary"). 1) The value of the denarius was clearly subject to inflation. Just now, the department in charge of road gritting in the UK has announced that it's out of gritting salt, so they're planning to use table salt instead. A Roman silver coin that weighed about 3.85 g (0.124 oz t) and hence would have a modern value of 74 cents. Hyperinflation has led to a difference in values. That may not seem like much, but as it turns out, 3.62 in value held a lot more weight several thousand years ago. the early industrial age, when most factory workers were barely paid a living wage).Ī good example of the differences that make this discrepancy so large is the price of salt. By today’s numbers, the quotient of silver contained in a denarius is worth about 3.62. And there are plenty of times when most people could barely afford to eat (e.g. The typical food basket cost a different amount then than now. The Company’s 100%-owned Zancudo Project in Colombia provides an opportunity to develop near-term production and cash flow through local contract miners and long-term growth through exploration.Think of it as "scarcity distribution" if you will. in November 2022 pursuant to which Europa has granted Denarius Metals two options to acquire up to an 80% ownership interest in the Toral Zn-Pb-Ag Project, Leon Province, Northern Spain. The Company signed a definitive option agreement with Europa Metals Ltd. We believe this is a key step in our growth plan and increasing visibility of the Company.”ĭenarius Metals is a Canadian junior company engaged in the acquisition, exploration, development and eventual operation of polymetallic mining projects in high-grade districts, with its principal focus on the Lomero Project in Spain. Serafino Iacono, Executive Chairman and CEO of Denarius Metals, commented, “We are pleased to reach the milestone of trading on OTCQX, the highest market tier of the OTC Markets. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on The OTCQX Market is designed for established, investor-focused U.S. What is Denarius smart contract address Denarius official smart contract.

begins trading today on OTCQX under the symbol “DNRSF.” U.S. One Denarius coin can currently be purchased for approximately 0.000000000472. upgraded to OTCQX from the OTCQB® Venture Market.ĭenarius Metals Corp. D/USD - Denarius US Dollar Synthetic Add to Watchlist 0.05405 -0.00199 ( -3.56 ) 12:11:28-Real-time Data.

(TSX-V: DSLV OTCQX: DNRSF), a Canadian junior mining company, has qualified to trade on the OTCQX® Best Market. and international securities, today announced Denarius Metals Corp. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. The current CoinMarketCap ranking is not available, with a live market cap of not available. Deprecated Denarius has no change in the last 24 hours.
#DENARIUS TO USD UPDATE#
We update our DRS to USD price in real-time. NEW YORK, (GLOBE NEWSWIRE) - OTC Markets Group Inc. The live Deprecated Denarius price today is 0.000039 USD with a 24-hour trading volume of not available.
