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The ''akçe'' or ''akça'' (also spelled ''akche'', ''akcheh''; ota, آقچه; ) refers to a silver coin which was the chief monetary unit of the
Ottoman Empire The Ottoman Empire, * ; is an archaic version. The definite article forms and were synonymous * and el, Оθωμανική Αυτοκρατορία, Othōmanikē Avtokratoria, label=none * info page on book at Martin Luther University ...
. The word itself evolved from the word "silver or silver money", this word is derived from the Turkish ''ak'' ("white") and the diminutive suffix -''ça''. Three ''akçe''s were equal to one ''
para Para, or PARA, may refer to: Businesses and organizations * Paramount Global, traded as PARA on the Nasdaq stock exchange * Para Group, the former name of CT Corp * Para Rubber, now Skellerup, a New Zealand manufacturer * Para USA, formerly ...
''. One-hundred and twenty ''akçe''s equalled one ''
kuruş Kuruş ( ; ), also gurush, ersh, gersh, grush, grosha, and grosi, are all names for currency denominations in and around the territories formerly part of the Ottoman Empire. The variation in the name stems from the different languages it is us ...
''. Later after 1687 the ''kuruş'' became the main unit of account, replacing the ''akçe''. In 1843, the silver ''kuruş'' was joined by the gold lira in a bimetallic system. Its weight fluctuated, one source estimates it is between 1.15 and 1.18 grams. The name ''akçe'' originally referred to a silver coin but later the meaning changed and it became a synonym for money. The mint in
Novo Brdo Novo Brdo ( sr-Cyrl, Ново Брдо), or Novobërda and Artana ( sq-definite, Novobërdë or ''Artanë''), is a municipality located in the Pristina district of Kosovo. According to the 2011 census, it has a population of 6,729 inhabitants. ...
, a fortified mining town in the
Serbian Despotate The Serbian Despotate ( sr, / ) was a medieval Serbian state in the first half of the 15th century. Although the Battle of Kosovo in 1389 is generally considered the end of medieval Serbia, the Despotate, a successor of the Serbian Empire ...
rich with gold and silver mines, began to strike ''akçe'' in 1441 when it was captured by the Ottoman forces for the first time. The Suleiman Mosque in
Istanbul ) , postal_code_type = Postal code , postal_code = 34000 to 34990 , area_code = +90 212 (European side) +90 216 (Asian side) , registration_plate = 34 , blank_name_sec2 = GeoTLD , blank_i ...
is said to have cost 59 million ''akçe'' when it was constructed in the 1550s. This amount is said to have equalled 700,000 ducats in
gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile ...
(probably
Venetian Venetian often means from or related to: * Venice, a city in Italy * Veneto, a region of Italy * Republic of Venice (697–1797), a historical nation in that area Venetian and the like may also refer to: * Venetian language, a Romance language s ...
).


Devaluation

Weight of akçe in grams of silver and index.


See also

* Akşa


References


External links


Ottoman coins

September 1, 2013 - A huge treasure of 47,000 silver Akçe discovered in Goleşti, Romania


Coins of the Ottoman Empire Silver coins Medieval currencies {{Ottoman-stub