Madras Fanam
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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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Madras Presidency
The Madras Presidency, or the Presidency of Fort St. George, also known as Madras Province, was an administrative subdivision (presidency) of British India. At its greatest extent, the presidency included most of southern India, including the whole of the Indian states of Tamil Nadu, Andhra state and some parts of Kerala, Karnataka, Odisha and the union territory of Lakshadweep. The city of Madras was the winter capital of the Presidency and Ootacamund or Ooty, the summer capital. The coastal regions and northern part of Island of Ceylon at that time was a part of Madras Presidency from 1793 to 1798 when it was created a Crown colony. Madras Presidency was neighboured by the Kingdom of Mysore on the northwest, Kingdom of Cochin on the southwest, and the Kingdom of Hyderabad on the north. Some parts of the presidency were also flanked by Bombay Presidency ( Konkan) and Central Provinces and Berar (Madhya Pradesh). In 1639, the English East India Company purchased the vi ...
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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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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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Rupees
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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Travancore
The Kingdom of Travancore ( /ˈtrævənkɔːr/), also known as the Kingdom of Thiruvithamkoor, was an Indian kingdom from c. 1729 until 1949. It was ruled by the Travancore Royal Family from Padmanabhapuram, and later Thiruvananthapuram. At its zenith, the kingdom covered most of the south of modern-day Kerala ( Idukki, Kottayam, Alappuzha, Pathanamthitta, Kollam, and Thiruvananthapuram districts, and some portions of Ernakulam district), and the southernmost part of modern-day Tamil Nadu (Kanyakumari district and some parts of Tenkasi district) with the Thachudaya Kaimal's enclave of Irinjalakuda Koodalmanikyam temple in the neighbouring Kingdom of Cochin. However Tangasseri area of Kollam city and Anchuthengu near Attingal in Thiruvananthapuram district, were British colonies and were part of the Malabar District until 30 June 1927, and Tirunelveli district from 1 July 1927 onwards. Travancore merged with the erstwhile princely state of Cochin to form Travancore-Cochin i ...
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Travancore Rupee
The Travancore rupee was a type of currency issued by the erstwhile Indian princely state of Travancore, which was primarily located in the modern Indian state of Kerala. The rupee was largely a newer currency in comparison to the older currencies of Kerala such as the ''Fanams'', ''Achus'', ''Chuckrams'' as well as the ''Kasu'' (or Cash). Its creation was probably intended for the increased trading with British India and the high-value transactions therein. The Travancore Rupee was the highest denomination of currency issued for general circulation. The highest face value issued was the '1/2 rupee'. While there had been plans to introduce 'One Travancore Rupee', this was never done. The half-rupee and the quarter-rupee remained the highest values issued for circulation. The Travancore Rulapee was issued until 1946 CE (1121 M.E. or Malayalam Era), remaining in circulation till 1949. It was replaced by the Indian rupee following Travancore's accession into India. Inscriptions ...
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Danish India
Danish India () was the name given to the colonies of Denmark (Denmark–Norway before 1814) in the Indian subcontinent, forming part of the Danish colonial empire. Denmark–Norway held colonial possessions in India for more than 200 years, including the town of Tharangambadi in present-day Tamil Nadu state, Serampore in present-day West Bengal, and the Nicobar Islands, currently part of India's union territory of the Andaman and Nicobar Islands. The Danish and Norwegian presence in India was of little significance to the major European powers as they presented neither a military nor a mercantile threat. Dano-Norwegian ventures in India, as elsewhere, were typically undercapitalised and never able to dominate or monopolise trade routes in the same way that British, French, and Portuguese ventures could. Despite these disadvantages, the Danish-Norway concerns managed to cling to their colonial holdings and, at times, to carve out a valuable niche in international trade by tak ...
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Danish Indian Rupee
The Danish Indian rupee was the currency of Danish India. It was subdivided into 8 ''fano'', each of 80 ''kas''. In 1845, Danish India became part of British India and the local rupee was replaced by the 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 wh .... Modern obsolete currencies Historical currencies of India Danish India 1845 disestablishments Currencies of the Kingdom of Denmark {{Money-unit-stub ...
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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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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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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 ''xerafin'' and this was declared equal to a rupia in circulation in India outside of Portuguese possessions. A ''xerafim'' was a convertible subunit of ''rupia'', and it was unique to Portuguese colonies in India. One rupia equalled two xerafims. In decades that followed, the double ''xerafin'' came to be known in Goa and other Portuguese Indian territories simply as rupia (or Portuguese Indian rupia) was subdivided into units such as ''reis'' (''real'') and ''pardao'' that mirrored the currency terms introduced by Portuguese officials in other colonies worldwide. History Before 1871, the rupia was subdivided into 750 ''bazarucos'', 600 ''réis'' (singular: ''real''), 20 ''pardaus'' or 10 ''tangas''. A rupia equaled two ''xerafims''. After 1871, ...
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