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Ceylonese Rixdollar
The rixdollar was the currency of British Ceylon until 1828. It was subdivided into 48 ''stivers'', each of 4 ''duit''. Units called the '' fanam'' and ''larin'' were also used, worth 4 and 9½ stiver, respectively. The currency derived from the Dutch rijksdaalder and stuiver, although the rijksdaalder was worth 50 stuiver. Initially containing over 25 grams fine silver worth 4 shillings and sixpence in the 17th century, the Ceylonese rixdollar was worth just one-third this amount by the 19th century. In 1825 it was replaced by the British pound at a rate of 1 rixdollar = 1 shillings, less than the Indian rupee which was worth about 1 shillings. Coins The Netherlands United East India Company (VOC) issued coins during the 18th century in denominations of and 1 duit, , 1, 2 and 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 ...
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British Ceylon
British Ceylon ( si, බ්‍රිතාන්‍ය ලංකාව, Britānya Laṃkāva; ta, பிரித்தானிய இலங்கை, Biritthāṉiya Ilaṅkai) was the British Crown colony of present-day Sri Lanka between 1796 and 4 February 1948. Initially, the area it covered did not include the Kingdom of Kandy, which was a protectorate, but from 1817 to 1948 the British possessions included the whole island of Ceylon, now the nation of Sri Lanka. History Background Before the beginning of the Dutch governance, the island of Ceylon was divided between the Portuguese Empire and the Kingdom of Kandy, who were in the midst of a war for control of the island as a whole. The island attracted the attention of the newly formed Dutch Republic when they were invited by the Sinhalese King to fight the Portuguese. Dutch rule over much of the island was soon imposed. In the late 18th century the Dutch, weakened by their wars against Great Britain, were conq ...
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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 ''xerafin ... References Modern obsolete currencies Coins of India ...
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Dutch Rijksdaalder
The ''rijksdaalder'' ( Dutch, "Imperial dollar") was a Dutch coin first issued by the Republic of the Seven United Netherlands in the late 16th century during the Dutch Revolt which featured an armored half bust of William the Silent. It was the Dutch counterpart of the Reichsthaler of the Holy Roman Empire (weighing 29.232 grams of 0.889 fine silver) but weighed slightly less, at 29.03 g (448 grains) of 0.885 fine silver, reduced to 0.875 fine by the 17th century.Weight 18 engel 28 azen (29.03 g), fineness 10 twelfths, reduced to 10 twelfths. https://books.google.com/books?id=GrJCAAAAIAAJ&pg=PA356#v=onepage&q&f=false Friesland, Gelderland, Holland, Kampen, Overijssel, Utrecht, West Friesland, Zeeland, and Zwolle minted armored half bust rijksdaalders until the end of the 17th century. 17th century rijksdaalder was set to be equal to from 48 to 50 stuivers (the Dutch equivalent of shillings) and circulated along with silver florins (28 stuivers), daalders (30 stuivers), lee ...
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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 u ...
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Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoeni ...
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Pence
A penny is a coin ( pennies) or a unit of currency (pl. pence) in various countries. Borrowed from the Carolingian denarius (hence its former abbreviation d.), it is usually the smallest denomination within a currency system. Presently, it is the formal name of the British penny ( p) and the ''de facto'' name of the American one-cent coin (abbr. ¢) as well as the informal Irish designation of the 1 cent euro coin (abbr. c). It is the informal name of the cent unit of account in Canada, although one-cent coins are no longer minted there. The name is used in reference to various historical currencies, also derived from the Carolingian system, such as the French denier and the German pfennig. It may also be informally used to refer to any similar smallest-denomination coin, such as the euro cent or Chinese fen. The Carolingian penny was originally a 0.940-fine silver coin, weighing pound. It was adopted by Offa of Mercia and other English kings and remained the ...
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British Pound
Sterling (abbreviation: stg; Other spelling styles, such as STG and Stg, are also seen. ISO code: GBP) is the currency of the United Kingdom and nine of its associated territories. The pound ( sign: £) is the main unit of sterling, and the word "pound" is also used to refer to the British currency generally, often qualified in international contexts as the British pound or the pound sterling. Sterling is the world's oldest currency that is still in use and that has been in continuous use since its inception. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of mid-2021, sterling is also the fourth most-held reserve currency in global reserves. The Bank of England is the central bank for sterling, issuing its own banknotes, and reg ...
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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 Mau ...
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British Ceylon, One Stiver 1815
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *'' Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Br ...
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Dutch East India Company
The United East India Company ( nl, Verenigde Oostindische Compagnie, the VOC) was a chartered company established on the 20th March 1602 by the States General of the Netherlands amalgamating existing companies into the first joint-stock company in the world, granting it a 21-year monopoly to carry out trade activities in Asia. Shares in the company could be bought by any resident of the United Provinces and then subsequently bought and sold in open-air secondary markets (one of which became the Amsterdam Stock Exchange). It is sometimes considered to have been the first multinational corporation. It was a powerful company, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, strike its own coins, and establish colonies. They are also known for their international slave trade. Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Eur ...
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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 d ...
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Currencies Of Sri Lanka
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 "curren ...
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