a na-akpọ iwu ahụ na 1860 site n'aka Henry Dunning Macleod, mgbe Sir Thomas Gresham (1519<unk>1579), onye bụ onye England na-azụ ego n'oge ọchịchị Tudor. Otú ọ dị, ndị ọzọ ekwupụtalarị echiche ahụ n'onwe ya, gụnyere Aristophanes na egwuregwu ya The Frogs, nke sitere na njedebe nke narị afọ nke 5 BC, na narị afọ nke 14 site n'aka Nicole Oresme c. 1350, na traktị ya On the Origin, Nature, Law, and Alterations of Money, na onye ọka iwu na ọkọ akụkọ ihe mere eme bụ Al-Maqrizicus (1364<unk>1442) na Alaeze Ukwu Mamluk; na Nicolaus Copernius na 1519 na traktị a na-akpọ Monendae cud ratioe N'ihi nke a, a na-akpọ ya mgbe ụfọdụ iwu Gresham.
1579 afọ