French Indian Rupee
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French Indian Rupee
The roupie or rupee was the currency of French India. It was equal to the Indian rupee issued by the British and then Indian governments. One rupee was worth 2.40 '' francs-or''. Until 1871 it was issued as coins with the roupie divided into 8 ''fanons'', each of 3 ''doudous'' or 20 ''cash''. From 1891, banknotes were issued by the Banque de l'Indochine, which circulated alongside coins issued by British India. Table of 1843 exchange rates See also * Puducherry * French India French India, formally the ( en, French Settlements in India), was a French colony comprising five geographically separated enclaves on the Indian Subcontinent that had initially been factories of the French East India Company. They were '' ... * Madras fanam References *Annuaire statistique des établissements français dans l'Inde By Pierre-Constant Sicé, 1843. External linksFrench Indian rupee at the currency museum of the Reserve Bank of India Modern obsolete currencies Former Fren ...
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French India
French India, formally the ( en, French Settlements in India), was a French colony comprising five geographically separated enclaves on the Indian Subcontinent that had initially been factories of the French East India Company. They were ''de facto'' incorporated into the Republic of India in 1950 and 1954. The enclaves were , Karikal, Yanaon (Andhra Pradesh) on the Coromandel Coast, Mahé on the Malabar Coast and Chandernagor in Bengal. The French also possessed several ('lodges', tiny subsidiary trading stations) inside other towns, but after 1816, the British denied all French claims to these, which were not reoccupied. By 1950, the total area measured , of which belonged to the territory of . In 1936, the population of the colony totalled 298,851 inhabitants, of which 63% (187,870) lived in the territory of Pondichéry. Context France was the last of the major European maritime powers of the 17th century to enter the East India trade. Six decades after the ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. ''Arthashastra'', written by Chanakya, prime minister to the first Maurya ...
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Gold Franc
The gold franc (currency code: XFO) was the unit of account for the Bank for International Settlements from 1930 until April 1, 2003. It was replaced with the special drawing right. It was originally based on the Franc Germinal, and remained at the value the franc was pegged (0.290322 g fine gold) after the countries of the Latin Monetary Union came off the gold standard. Use in New Hebrides The gold franc was used in the Anglo-French Condominium of the New Hebrides (now Vanuatu) as the currency in which the joint administration's postal service denominated its stamps, a natural choice as the Universal Postal Union Treaty (beginning in 1874 when the first treaty was agreed and reaffirmed at subsequent Congresses until at least that of 1939—see the various "Actes du Congress...") denominated the agreed international postal rates in gold franc and gold centime leaving each member country and its dependencies to translate the amounts into their own currencies. This added to t ...
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Banque De L'Indochine
The Banque de l'Indochine (), originally Banque de l'Indo-Chine ("Bank of Indochina"), was a bank created in 1875 in Paris to finance French colonial development in Asia. As a bank of issue in Indochina until 1952 (and in French Pacific territories until 1967), with many features of a central bank, it played a major role in the financial history of French Indochina, French India, New Caledonia, French Polynesia, and Djibouti, as well as French-backed ventures in Siam and China. After World War II, it lost its issuance privilege but reinvented itself as an investment bank in France, and developed new ventures in other countries such as Saudi Arabia and South Africa. The Compagnie Financière de Suez acquired a controlling interest in the Banque de l'Indochine in 1972, then merged it in 1975 with its own banking subsidiary to form Banque Indosuez, since 1996 itself part of the Crédit Agricole universal banking group. History Background and creation Following t ...
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British India
The provinces of India, earlier presidencies of British India and still earlier, presidency towns, were the administrative divisions of British governance on the Indian subcontinent. Collectively, they have been called British India. In one form or another, they existed between 1612 and 1947, conventionally divided into three historical periods: *Between 1612 and 1757 the East India Company set up Factory (trading post), factories (trading posts) in several locations, mostly in coastal India, with the consent of the Mughal emperors, Maratha Empire or local rulers. Its rivals were the merchant trading companies of Portugal, Denmark, the Netherlands, and France. By the mid-18th century, three ''presidency towns'': Madras, Bombay and Calcutta, had grown in size. *During the period of Company rule in India (1757–1858), the company gradually acquired sovereignty over large parts of India, now called "presidencies". However, it also increasingly came under British government over ...
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Pagoda (coin)
The pagoda was a unit of currency, a coin made of gold or half-gold minted by Indian dynasties as well as the British, the French and the Dutch. It was subdivided into 42 fanams. The pagoda was issued by various dynasties in medieval southern India, including the Kadambas of Hangal, the Kadambas of Goa, and the Vijaynagar Empire. There were two types of pagoda coined by foreign traders: *The most valuable was the star pagoda, 100 of them were worth 350 rupees, issued by the East India Company at Madras. *The second was the Porto Novo pagoda, issued by the Dutch at Tuticorin and also by the Nawabs of Arcot, and worth about 25% less than the star pagoda. The French struck local gold "pagodas" and silver "fanams" under contract by the nawabs. The silver coins of the French were called "fanon" which were equivalent to the local "fanam" and could be exchanged at the rate of 26 fanon to one gold pagoda. Kattabomman almost cleared all the revenue arrears leaving only a balance of 1080 ...
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Rupee
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, Burma, German East Africa (as Rupie/Rupien), and Tibet. In Indonesia and the Maldives, the unit of currency is known as ''rupiah'' and ''rufiyaa'' respectively, cognates of the word rupee. The Indian rupees () and Pakistani rupees () are subdivided into one hundred paise (singular ''paisa'') or pice. The Nepalese rupee (रू) subdivides into one hundred paisa (singular and plural) or four sukaas. The Mauritian, Seychellois, and Sri Lankan rupees subdivide into 100 cents. Etymology The Hindustani word ''rupyā'' is derived from the Sanskrit word ''rūpya'' (), which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived f ...
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Cash
In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately (as in the case of money market accounts). Cash is seen either as a reserve for payments, in case of a structural or incidental negative cash flow or as a way to avoid a downturn on financial markets. Etymology The English word "cash" originally meant "money box", and later came to have a secondary meaning "money". This secondary usage became the sole meaning in the 18th century. The word "cash" derives from the Middle French ''caisse'' ("money box"), which derives from the Old Italian ''cassa'', and ultimately from the Latin ''capsa'' ("box").. History In Western Europe, after the fall of the Western Roman Empire, coins, silver jewelry and hacksilver (silver objects hacked into pieces) were for centuries the only form of mone ...
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Puducherry (union Territory)
Puducherry (), also known as Pondicherry () or Pondichéry, is a union territory of India, consisting of four small geographically unconnected districts. It was formed out of four territories of former French India, namely Pondichéry (Pondicherry; now Puducherry), Karikal (Karaikal), Mahé and Yanaon (now Yanam), excluding Chandannagar (Chandernagore), and it is named after the largest district, Puducherry, which was also the capital of French India. Historically known as Pondicherry (), the territory changed its official name to Puducherry on 20 September 2006. The Union Territory of Puducherry lies in the southern part of the Indian Peninsula. The areas of Puducherry district and Karaikal district are bound by the state of Tamil Nadu, while Yanam district and Mahé district are enclosed by the states of Andhra Pradesh and Kerala, respectively. Puducherry is the 29th most populous of the 36 states and union territories of India, and the third most densely populated ...
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Madras Fanam
The fanam (or panam in the local language of Tamil) was a currency issued by the Madras Presidency until 1815. It circulated alongside the Indian rupee, also issued by the Presidency. The fanam was a small silver coin, subdivided into 80 copper ''cash'', with the gold ''pagoda'' worth 42 fanams. The rupee was worth 12 fanams. After 1815, only coins of the rupee currency system were issued. Conversion Table Fanams were also issued in Travancore, worth 1/7 of a rupee, whilst in Danish India the ''fano'' was issued, worth 1/8 rupee, and in French India the ''fanon'' was issued, worth 1/8 rupee. See also * French Indian rupee * Danish Indian rupee * Portuguese Indian rupia The rupia was the currency of Portuguese India sometime after 1668 until 1958. Prior to 1668, the currency unit was ''Xerafim'' (''xerafin'', ''xeraphin''). In 1666, the Portuguese administration struck a silver coin calling it double ''xerafi ... References Modern obsolete currencies Coins of Indi ...
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Modern Obsolete Currencies
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