The History of the Peace in Rome, The Pax Romana The Pax Romana era has ended. This time of peace started in the year 27 BC and lasted up till now, 180. This period of time was started by Augustus Caesar. Augustus created a system of government in which he encouraged trade and glorified Rome by a splendid building program. He created denarius, a silver coin that we used which made trade between different parts of the empire much easier. Trade became faster when Augustus eliminated all taxed goods which created the Roman lands to form into one large economic empire. He also created faster transportat