The Republic of Florence (Latin: Res publica Florentina; Old Italian: Republica di Fiorenza), known officially as the Florentine Republic, was a medieval and early modern state that was centered on the Italian city of Florence in Tuscany, Italy. The republic originated in 1115, when the Florentine people rebelled against the Margraviate of Tuscany upon the death of Matilda of Tuscany, who controlled vast territories that included Florence. The Florentines formed a commune in Rabodo's (Matilda’s successor) successors' place. The republic was ruled by a council known as the Signoria of Florence. The signoria was chosen by the gonfaloniere (titular ruler of the city), who was elected every two months by Florentine guild members.
During the Republic's history, Florence was an important cultural, economic, political and artistic force in Europe. Its coin, the florin, was the dominant trade coin of Western Europe for large scale transactions and became widely imitated throughout the continent. During the Republican period, Florence was also the birthplace of the Renaissance, which is considered a fervent period of European cultural, artistic, political and economic "rebirth".
