The maravedí (Spanish pronunciation: [maɾaβeˈði]) was the name of various Iberian coins of gold and then silver between the 11th and 14th centuries and the name of different Iberian accounting units between the 11th and 19th centuries.
The word maravedí comes from marabet or marabotin, a variety of the gold dinar struck in Spain by, and named after, the Moorish Almoravids (Arabic المرابطون al-Murābitũn, sing. مرابط Murābit). The Spanish word maravedí is unusual in having three documented plural forms: maravedís, maravedíes and maravedises. The first one is the most straightforward, the second is a variant plural formation found commonly in words ending with a stressed -í, whereas the third is the most unusual and the least recommended (Real Academia Española's Diccionario panhispánico de dudas labels it "vulgar in appearance").
The gold dinar was first struck in Spain under Abd-ar-Rahman III, Emir of Córdoba (912–961). During the 11th century, the dinar became known as the morabit, morabotin or morabetino throughout Europe. In the 12th century, it was copied by the Christian rulers Ferdinand II of León (1157–1188) and Alfonso VIII of Castile (1158–1214) as the maravedí. Alfonso's gold marabotin or maravedí retained inscriptions in Arabic but had the letters ALF at the bottom. It weighed about 3.8 grams.
In Castile, the maravedí de oro soon became the accounting unit for gold, alongside the sueldo (from solidus) for silver and the dinero (from [denarius]) for billon (vellón in Spanish).