Medieval Foreign Exchange c. 1300-1500

The Leverhulme Trust awarded a Research Project Grant worth almost £200,000 to Professors Adrian Bell and Chris Brooks, working with Dr Tony Moore, to examine in detail the workings of the foreign exchange markets in fourteenth- and fifteenth-century Europe. This was the first project to systematically study both the short- and long-run determinants of medieval foreign currency rates using modern methods and theories. The project started in January 2012 and ran for three years.

Professor Adrian Bell, Professor Chris Brooks and Dr Tony Moore produced the following outputs:

'Cambium non est mutuum: exchange and interest rates in medieval Europe'

'Did purchasing power parity hold in medieval Europe?'

'Medieval foreign exchange: a time series analysis'

Relevant documents:

Medieval Foreign Exchange dataset consolidated

Medieval Foreign Exchange dataset: Notes and guidance

Authors	Dr Tony Moore, Professor Adrian Bell