Where was cod fish once used as currency?

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Where was cod fish once used as currency?

Answer – Newfoundland, Canada – Historically, when paper money or coins have been hard to find or hard to manufacture, communities have turned to other forms of currency. Around the world, shells, beads, and other items have been used in trade. In Newfoundland, Canada, fishing has long been at the heart of the economy. In the 17th century, salted cod was often used instead of money. Families would buy supplies based on the promise of their cod catch. Salmon and firewood were also sometimes used. The practice ended in 1944 when payment in kind was ruled illegal. :

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