Jaime García, MBA alumnus, publishes an article in El Día on the first Canary Island currency in the 16th century

The article features part of a research project by García on the first coins that circulated on the archipelago

Jaime Alberto García, alumnus of the Universidad Europea de Canarias MBA, has recently published an article in the El Día newspaper featuring part of a research project by García on the first coins that circulated in the Canary Islands in the 16th century.  In the publication, Jaime Alberto García notes that “the islands never issued their own coins, although some were given their own, distinctive marks from those circulating in the 16th century in order to give them a different value or to limit their circulation to the archipelago.

The alumnus states that “for any power worth its salt, minting currency in each territory conquered was frequent as it not only favored economic development in the region, but it also symbolized the power and influence of the sovereign who would govern their destinies from that moment onward”.