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Medieval Foreign Exchange c. 1300-1500

The Leverhulme Trust has recently 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 will be 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 will run for three years.