Travancore Rupee: Difference between revisions
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The ''' Travancore rupee''' was |
The ''' Travancore rupee''' was a type of currency issued by the State of [[Travancore]] in [[South India]]. The rupee was the highest denomination of currency issued by the State of Travancore and used largely for trading in higher value transactions. The highest face value issued was the 'half-rupee'. While there had been plans to introduce 'One Travancore Rupee', this was never done<ref>''Travancore State Manual'' by V. Nagam Aiya (1908), p170</ref>. The half-rupee and the quarter-rupee remained the highest denominations issued for circulation. The Travancore Rupee was issued until 1946-47 CE (1121 M.E. or Malayalam Era) remaining in circulation till 1949 before being replaced by the [[Indian rupee]] after its accession into [[India]]. |
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Unlike the [[British Indian Rupee]] issued by the British and other princely States of India, the rupee of Travancore was subdivided into 7 [[Travancore Fanam|Travancore Fanams]]. These ''Fanams'' were further sub-divided into 4 ''Chakrams'', each of 16 ''cash''. We can see this in the following table - |
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! Unit !! Equivalent Sub-units |
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| 1 Travancore Rupee || 7 Fanams |
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| 1 Fanam || 4 Chuckrams |
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| 1 Chuckram || 16 Cash |
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| ⚫ | As of the early 1900s, silver coins were issued in the denominations of Rupee and ''Chakrams''. Their various values included 2 chakrams, 4 chakrams, 1/4 rupee (7 chakrams) and 1/2 rupee (14 chakrams). The cash or ''kashu'' coins were largely copper coins. They were struck in the denominations of 1 cash, 4 cash and 8 cash. The exchange rate with the [[British Indian rupee]] was set at 1 British Indian rupee = 28 chakram, 8 cash; equivalently, 1 Tranvancore rupee = 15 annas, 8.63 pies of a British Indian rupee.<ref>{{cite book| title=Imperial Gazetteer of India, Provincial Series, Madras II: The Southern and West Coast Districts, Native States, and French Possessions|page= 419|year=1908| url=http://books.google.com/books?id=hI1kfvUKUiAC }}</ref> |
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| ⚫ | As of |
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==References== |
==References== |
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Revision as of 13:16, 21 October 2016
The Travancore rupee was a type of currency issued by the State of Travancore in South India. The rupee was the highest denomination of currency issued by the State of Travancore and used largely for trading in higher value transactions. The highest face value issued was the 'half-rupee'. While there had been plans to introduce 'One Travancore Rupee', this was never done[1]. The half-rupee and the quarter-rupee remained the highest denominations issued for circulation. The Travancore Rupee was issued until 1946-47 CE (1121 M.E. or Malayalam Era) remaining in circulation till 1949 before being replaced by the Indian rupee after its accession into India.
Unlike the British Indian Rupee issued by the British and other princely States of India, the rupee of Travancore was subdivided into 7 Travancore Fanams. These Fanams were further sub-divided into 4 Chakrams, each of 16 cash. We can see this in the following table -
| Unit | Equivalent Sub-units |
|---|---|
| 1 Travancore Rupee | 7 Fanams |
| 1 Fanam | 4 Chuckrams |
| 1 Chuckram | 16 Cash |
As of the early 1900s, silver coins were issued in the denominations of Rupee and Chakrams. Their various values included 2 chakrams, 4 chakrams, 1/4 rupee (7 chakrams) and 1/2 rupee (14 chakrams). The cash or kashu coins were largely copper coins. They were struck in the denominations of 1 cash, 4 cash and 8 cash. The exchange rate with the British Indian rupee was set at 1 British Indian rupee = 28 chakram, 8 cash; equivalently, 1 Tranvancore rupee = 15 annas, 8.63 pies of a British Indian rupee.[2]
References
- ^ Travancore State Manual by V. Nagam Aiya (1908), p170
- ^ Imperial Gazetteer of India, Provincial Series, Madras II: The Southern and West Coast Districts, Native States, and French Possessions. 1908. p. 419.
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