Byzantine Empire - Anastasius I

Time: 491

Place: Byzantine Empire

Details: In 491, Anastasius I, an aged civil officer of Roman origin, became Emperor, but it was not until 497 that the forces of the new emperor effectively took the measure of Isaurian resistance. Anastasius revealed himself as an energetic reformer and an able administrator. He introduced a new coinage system of the copper follis, the coin used in most everyday transactions. He also reformed the tax system and permanently abolished the chrysargyron tax.

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