Javan Rupee
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Javan Rupee
The Netherlands Indies guilder ( Dutch: ''Nederlands-Indische gulden'', Malay- Van Ophuijsen spelling: ''Roepiah Hindia-Belanda'') was the unit of account of the Dutch East Indies from 1602 under the United East India Company ( nl, Vereenigde Oost-Indische Compagnie; VOC), following Dutch practice first adopted in the 15th century (guilder coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). A variety of Dutch, Spanish and Asian coins were in official and common usage. After the collapse of the VOC at the end of the 18th century, control of the islands reverted to the Dutch government, which issued silver 'Netherlands Indies' guilder and fractional silver and copper coins until Indonesian independence in 1945. History Prior to European contact A number of forms of payment were found throughout the archipelago prior to European contact. Stamped gold and silver masa and kupang date from the 9th century, with la ...
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Bank Of Java
The Bank of Java (DJB, for ) was a note-issuing bank in the Dutch East Indies, founded in 1828 and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij). It was both a note-issuing bank and a commercial bank. Background The first bank founded in the Indonesian archipelago was the , established in 1746 to support trading activity. In 1752, it was renamed (), and was given a mandate to extend loans to employees of the Dutch East India Company. In 1818, that institution closed as a consequence of financial crisis. Dutch colonial period King William I of the Netherlands granted the right to create a private bank i ...
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Stuiver
The stuiver was a coin used in the Netherlands, worth Dutch Guilders ( 16 ''penning'' or 8 ''duit'', later 5 cents). It was also minted on the Lower Rhine region and the Dutch colonies. The word can still refer to the 5 euro cent coin, which has almost exactly the same diameter and colour despite being over twice the value of the older coin. Netherlands The ''Stüber'' emerged from the ''vierlander'' ("coin of four provinces"), that Philip III of Burgundy had minted from 1434 as a common denomination for Brabant, Flanders, Holland and the Hainault (''Hennegau'') and which had a value of Rhenish ''gulden''. It corresponded to 3 Brabant ''Plakken'', 2 Flemish '' Groten'', 16 Dutch ''pfennigs'' or 1 Artesian ''schilling''. The name "stuiver" derives from the Dutch ''stuiven'' ("flying sparks"), since on early Flemish ''stuivers'' "spark-producing flints of the Collar of the Golden Fleece" were depicted. Twenty stuivers equalled a ''Dutch Guilder.'' It circulated until ...
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Gelderland
Gelderland (), also known as Guelders () in English, is a province of the Netherlands, occupying the centre-east of the country. With a total area of of which is water, it is the largest province of the Netherlands by land area, and second by total area. Gelderland shares borders with six other provinces ( Flevoland, Limburg, North Brabant, Overijssel, South Holland and Utrecht) and the German state of North Rhine-Westphalia. The capital is Arnhem (pop. 159,265); however, Nijmegen (pop. 176,731) and Apeldoorn (pop. 162,445) are both larger municipalities. Other major regional centres in Gelderland are Ede, Doetinchem, Zutphen, Harderwijk, Tiel, Wageningen, Zevenaar, and Winterswijk. Gelderland had a population of 2,084,478 as of November 2019. It contains the Netherlands's largest forest region (the Veluwe), the Rhine and other major rivers, and a significant amount of orchards in the south ( Betuwe). History Historically, the province dates from states of the Holy Roman ...
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Holland
Holland is a geographical regionG. Geerts & H. Heestermans, 1981, ''Groot Woordenboek der Nederlandse Taal. Deel I'', Van Dale Lexicografie, Utrecht, p 1105 and former province on the western coast of the Netherlands. From the 10th to the 16th century, Holland proper was a unified political region within the Holy Roman Empire as a county ruled by the counts of Holland. By the 17th century, the province of Holland had risen to become a maritime and economic power, dominating the other provinces of the newly independent Dutch Republic. The area of the former County of Holland roughly coincides with the two current Dutch provinces of North Holland and South Holland into which it was divided, and which together include the Netherlands' three largest cities: the capital city (Amsterdam), the home of Europe's largest port (Rotterdam), and the seat of government (The Hague). Holland has a population of 6,583,534 as of November 2019, and a population density of 1203/km2. The name '' ...
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Utrecht (province)
Utrecht (), officially the Province of Utrecht ( nl, Provincie Utrecht, link=no), is a province of the Netherlands. It is located in the centre of the country, bordering the Eemmeer in the north-east, the province of Gelderland in the east and south-east, the province of South Holland in the west and south-west and the province of North Holland in the north-west and north. The province of Utrecht has a population of 1,353,596 as of November 2019. It has a land area of approximately . Apart from its eponymous capital, major cities and towns in the province are Amersfoort, Houten, IJsselstein, Nieuwegein, Veenendaal and Zeist. The busiest railway station in the Netherlands, Utrecht Centraal, is located in the province of Utrecht. History The Bishopric of Utrecht was established in 695 when Saint Willibrord was consecrated bishop of the Frisians at Rome by Pope Sergius I. With the consent of the Frankish ruler, Pippin of Herstal, he settled in an old Roman fort in Utrecht. A ...
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Arbitrage
In economics and finance, arbitrage (, ) is the practice of taking advantage of a difference in prices in two or more markets; striking a combination of matching deals to capitalise on the difference, the profit being the difference between the market prices at which the unit is traded. When used by academics, an arbitrage is a transaction that involves no negative cash flow at any probabilistic or temporal state and a positive cash flow in at least one state; in simple terms, it is the possibility of a risk-free profit after transaction costs. For example, an arbitrage opportunity is present when there is the possibility to instantaneously buy something for a low price and sell it for a higher price. In principle and in academic use, an arbitrage is risk-free; in common use, as in statistical arbitrage, it may refer to ''expected'' profit, though losses may occur, and in practice, there are always risks in arbitrage, some minor (such as fluctuation of prices decreasing profit ...
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Duit
The duit (plural: ''duiten''; en , doit) was a copper Dutch coin worth 2 ''penning'', with 8 duit pieces equal to one ''stuiver'' and 160 duit pieces equal to one ''gulden''. In Dutch Indonesia 4 duit pieces were equal to one ''stuiver''. To prevent smuggling, the Dutch East India Company (VOC) ordered special coins with the company monogram embossed upon them. Only those pieces were valid in Indonesia. The duit was once used in the Americas in areas under Dutch rule. The name of the coin was preserved for a long time in the 'fourduitcoin' (or 'plak'), because it was worth 4 duiten = half a stuiver (or 2.5 cents). The Dutch language has many expressions, proverbs and sayings which feature the word 'duit'. * "Putting a duit in the bag" () – to contribute something * "He is a duit-thief" () – he is very greedy * "He has much shit, but little duit" () – he is a boaster * "To be courageous like a three-duit haddock" () – to be cowardly * "To give someone of four duit ba ...
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Zeeland
, nl, Ik worstel en kom boven("I struggle and emerge") , anthem = "Zeeuws volkslied"("Zeelandic Anthem") , image_map = Zeeland in the Netherlands.svg , map_alt = , map_caption = Location of Zeeland in the Netherlands , pushpin_map = , pushpin_label_position = , pushpin_map_alt = , pushpin_map_caption = , coordinates = , coor_pinpoint = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = Netherlands , established_title = , established_date = , founder = , seat_type = Capital , seat = Middelburg, Zeeland, Middelburg , seat1_type = Largest city , seat1 = Ter ...
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Ducat
The ducat () coin was used as a trade coin in Europe from the later Middle Ages from the 13th to 19th centuries. Its most familiar version, the gold ducat or sequin containing around of 98.6% fine gold, originated in Venice in 1284 and gained wide international acceptance over the centuries. Similarly named silver ducatons also existed. The gold ducat circulated along with the Florentine florin and preceded the modern British pound sterling and the United States dollar. Predecessors The word ''ducat'' is from Medieval Latin ''ducalis'' = "relating to a duke (or dukedom)", and initially meant "duke's coin" or a "duchy's coin". The first issue of scyphate billon coins modelled on Byzantine ''trachea'' was made by King Roger II of Sicily as part of the Assizes of Ariano (1140). It was to be a valid issue for the whole kingdom. The first issue bears the figure of Christ and the Latin inscription ''Sit tibi, Christe, datus, quem tu regis iste ducatus'' (meaning "O Christ, let thi ...
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Ducaton
The ducaton, ducatone or ducatoon was a crown-sized silver coin of the 16th-18th centuries. The first ducaton-type coin was the scudo known as the 'ducatone da soldi cento' (of 100 soldi), issued by Charles V, Holy Roman Emperor, in Milan in 1551. Ducatones were produced in greater numbers in numerous Italian states through the 17th century, spreading to other parts of the Spanish Empire, including Burgundy and the Netherlands - in 1618 the ducaton was produced in Brabant and Tournai comprising 32.48 grams of 0.944 silver depicting Albert and Isabella. Silver rider In 1659 the Dutch states started production of the 'silver rider' ducaton, featuring a mounted knight on horseback. This design weighing 32.779 grams of 0.941 silver also featured the crowned arms of the United Netherlands on the reverse, with a shield below the knight indicating the province of minting. Rider ducatons were minted until 1798. In the period 1726-1751 ducatons were minted bearing the monogram of the Du ...
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Pewter
Pewter () is a malleable metal alloy consisting of tin (85–99%), antimony (approximately 5–10%), copper (2%), bismuth, and sometimes silver. Copper and antimony (and in antiquity lead) act as hardeners, but lead may be used in lower grades of pewter, imparting a bluish tint. Pewter has a low melting point, around , depending on the exact mixture of metals. The word ''pewter'' is probably a variation of the word ''spelter'', a term for zinc alloys (originally a colloquial name for zinc). History Pewter was first used around the beginning of the Bronze Age in the Near East. The earliest known piece of pewter was found in an Egyptian tomb, c. 1450 BC, but it is unlikely that this was the first use of the material. Pewter was used for decorative metal items and tableware in ancient times by the Egyptians and later the Romans, and came into extensive use in Europe from the Middle Ages until the various developments in pottery and glass-making during the 18th and 19th centuries. ...
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Lari (fish Hook Money)
Larin (plural: lari) is the name of a class of objects serving as coins in areas around the Arabian Sea. The name is derived from Lar, a Persian town that according to tradition would have been the first to produce lari. A larin was a piece of silver wire of about 10 centimeters long, usually folded in two equal parts and shaped like a C, though there are also lari shaped like a J, an I or an S. Lari were stamped with an Arabic or Persian text, usually the name of the local ruler. The Larin, also known as "Koku Ridi" (Silver Hook) was in use in the Kandyan Kingdom from 17th to early part of the 19th century in Sri Lanka and were made by private parties, five of which went to a piece-of-eight, or a Spanish Dollar. These coins with a shape like a fish-hook, bear no legend, or at best poor imitations of Arabic letters; they are usually somewhat thick and short, frequently shows one or more cuts at the bend, apparently made to test the purity of the metal. During the Portuguese perio ...
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