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Zanzibari Rupee
The rupee ( ar, روپيه) was the currency of Zanzibar from 1908 to December 31, 1935. It was subdivided into 100 ''cents'' (Arabic: سنت). History The rupee replaced the Zanzibari ryal at a rate of 2⅛ rupees = 1 ryal and was equivalent to 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 ..., which was also in circulation. The Zanzibari rupee remained equal to the Indian rupee and was replaced on January 1, 1936, by the East African shilling at the rate of 1½ East African shillings = 1 Zanzibari rupee. Coins Bronze coins were introduced in 1908 in denominations of 1 and 10 cents, together with nickel 20 cents. No further issues of coins were made. Banknotes In 1908, banknotes were introduced by the government of Zanzibar in denominations of 5, 10, 20, and 1 ...
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Zanzibar
Zanzibar (; ; ) is an insular semi-autonomous province which united with Tanganyika in 1964 to form the United Republic of Tanzania. It is an archipelago in the Indian Ocean, off the coast of the mainland, and consists of many small islands and two large ones: Unguja (the main island, referred to informally as Zanzibar) and Pemba Island. The capital is Zanzibar City, located on the island of Unguja. Its historic centre, Stone Town, is a World Heritage Site. Zanzibar's main industries are spices, raffia and tourism. In particular, the islands produce cloves, nutmeg, cinnamon, and black pepper. For this reason, the Zanzibar Archipelago, together with Tanzania's Mafia Island, are sometimes referred to locally as the "Spice Islands". Tourism in Zanzibar is a more recent activity, driven by government promotion that caused an increase from 19,000 tourists in 1985, to 376,000 in 2016. The islands are accessible via 5 ports and the Abeid Amani Karume International Airport, w ...
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Zanzibari Ryal
The ryal ( ar, ريال) was the currency of Zanzibar between 1882 and 1908. It was subdivided into 136 '' pysa'' and circulated alongside the Indian rupee and Maria Theresa thaler. The ryal was replaced by the Zanzibari rupee The rupee ( ar, روپيه) was the currency of Zanzibar from 1908 to December 31, 1935. It was subdivided into 100 ''cents'' (Arabic: سنت). History The rupee replaced the Zanzibari ryal at a rate of 2⅛ rupees = 1 ryal and was equivalent to t ... at 2⅛ rupees = 1 ryal. Coins In 1882 ( A.H. 1299), coins were introduced in denominations of 1 pysa, ¼, ½, 1, 2½ and 5 ryals. The pysa was struck in copper, with the ¼, ½ and 1 ryal in silver and the 2½ and 5 ryals struck in gold. Further 1 pysa coins were struck in 1887 (A.H. 1304) but no more silver or gold pieces were ever struck. The silver and gold ryals all look similar with the exception of the denomination and were struck at the Royal Belgian Mint, Brussels, Belgium. Only the 1 and 5 ryal were ...
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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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East African Rupee
The rupee was the currency of Britain's East African colonies and protectorates between 1906 and 1920. It was divided into 100 cents. The rupee replaced the Indian rupee, which had previously circulated. In 1920, the rupee was revalued against sterling to a peg of 1 rupee = 2 shillings (1 florin). In East Africa, this was followed in the same year by the replacement of the rupee with the East African florin at par and then in 1921 by the East African shilling at 2 shillings per florin or rupee. The currency is noteworthy for including the world's first aluminium coin, the 1907 1 cent coin. Coins Silver coins were introduced for 25 and 50 cents in 1906, followed by the aluminium 1 cent and cupro-nickel 10 cent coins in 1907, the aluminium ½ cent coin in 1908 and the cupro-nickel 5 cent coin in 1913. Cupro-nickel replaced aluminium in 1909. Banknotes In 1906, notes (the first dated 1905) were introduced by the government of the East Africa Protectorate in denominations of 5 ...
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East African Florin
The Florin was the currency of the British colonies and protectorates of East Africa between 1920 and 1921. It was divided into 100 cents. It replaced the East African rupee at par, and was replaced in turn by the East African shilling at a rate of 2 shillings = 1 florin. The florin was equivalent to 2 shillings sterling. Coins Because of its short period in existence, few of the coin A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order t ...s minted were actually issued and are consequently scarce today. Coins were minted in denominations of 1, 5, 10, 25 and 50 cents and 1 florin but, according to the "Standard Catalog of World Coins" (C. L. Krause & C. Mishler, Krause Publications), the 50 cents coins were not released for circulation and only 30% of the 1, 5 and 10 cent coins produc ...
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Maria Theresa Thaler
The Maria Theresa thaler (MTT) is a silver bullion coin and a type of Conventionsthaler that has been used in world trade continuously since it was first minted in 1741. It is named after Maria Theresa who ruled Austria, Hungary, and Bohemia from 1740 to 1780 and is depicted on the coin. History In 1741 the first MTT was struck according to the Reichsthaler standard with of a Cologne mark of fine silver, or 25.98 grams. In 1750 a new thaler was struck with a gross weight of of 1 Vienna mark of silver, fine (with a fine silver content of 23.39 grams, or of a Cologne mark). In 1751 this new standard Conventionsthaler was effectively adopted across the German-speaking world when it was accepted formally in the Bavarian monetary convention. This new, post-1751 thaler has continued as a trade coin ever since. Since the death of Maria Theresa in 1780, the coin has always been dated 1780. On 19 September 1857, Emperor Francis Joseph of Austria declared the Maria Theresa thaler t ...
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Currencies Of Africa
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curre ...
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Currencies Of The British Empire
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "currency ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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Economy Of Tanzania
The economy of Tanzania is a lower-middle income economy that is overwhelmingly dependent on agriculture. Tanzania's economy has been transitioning from a command economy to a market economy since 1985. Although total GDP has increased since these reforms began, GDP per capita dropped sharply at first, and only exceeded the pre-transition figure in around 2007. Following the rebasing of the economy in 2014, the GDP increased by a third to $41.33 billion. In 2020, the real GDP of Tanzania grew by 4.8% reaching US$64.4 billion versus US$60.8 billion in 2019. This growth made it the 2nd largest economy in East Africa after Kenya, and the 7th largest in Sub-Saharan Africa. It has sustained relatively high economic growth compared to global trends, as is characteristic of African nations. It is worth noting that according to World Bank data, the last 5 years have seen the slowest growth since 2000. The medium-term outlook is so far positive, with growth projected at 6 percent in 202 ...
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History Of Zanzibar
People have lived in Zanzibar for 20,000 years. History properly starts when the islands became a base for traders voyaging between the African Great Lakes, the Somali Peninsula, the Arabian peninsula, Iran, and the Indian subcontinent. Unguja offered a protected and defensible harbor, so although the archipelago had few products of value, Omanis and Yemenis settled in what became Zanzibar City (Stone Town) as a convenient point from which to trade with towns on the Swahili Coast. They established garrisons on the islands and built the first mosques in the African Great Lakes Region. During the Age of Exploration, the Portuguese Empire was the first European power to gain control of Zanzibar, and kept it for nearly 200 years. In 1698, Zanzibar fell under the control of the Sultanate of Oman, which developed an economy of trade and cash crops, with a ruling Arab elite and a Bantu general population. Plantations were developed to grow spices; hence, the moniker of the Spice Island ...
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