Coinage reform

Coinage reform refers to changes made to a country's currency system, particularly its coins. This can involve updating the design, denomination, or materials used in coins to improve efficiency, reduce costs, or counteract issues like counterfeiting and inflation. Reforms may also establish new coins or eliminate outdated ones to reflect current economic conditions. The aim is to ensure that the currency remains reliable, secure, and convenient for everyday transactions while maintaining public confidence in the monetary system. Historically, such reforms have been crucial for adapting to changes in technology and economic demands.