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Money changer

CHANGER, CHANGERS OF MONEY (NT κερματιστής, G3048, money-changer, John 2:14. Kerma, a piece of copper, change. Also κολλυβιστής, G3142, money-changer, Matt 21:12; Mark 11:15). Money-changers were common in NT times, particularly in mercantile centers and at the Jewish Temple. Many different money systems converged upon Jerusalem from Jews of the Diaspora, and since only Jewish money such as the shekel could be used for the Temple tax, money exchange became a thriving business. Roman money also was used everywhere so that even residents of Pal. needed money exchanged. Money changers charged a commission which was called a kollybos. Generally, they changed large denominations into small coins. Although the business was considered a respectable trade, money changers often were placed in the same category as the tax collector, because of high rates of exchange, cheating, and corruption, esp. when they took advantage of the poor and profited from religion. Money changing was also the door