Osman Ghazi minted the first coins of the Ottoman Empire. This first coin was called the “Akche” – a coin distinctive …

Osman Ghazi minted the first coins of the Ottoman Empire. This first coin was called the “Akche” – a coin distinctive to the Ottoman Empire and was minted from silver.

The “akche” was used as currency in the Ottoman Empire and there was no devaluation of it either.