East African rupee: Difference between revisions
→top: random caps |
→top: missing noun |
||
| Line 3: | Line 3: | ||
The rupee replaced the [[Indian rupee]], which had previously circulated. In 1920, the rupee was revalued against [[Pound sterling|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. |
The rupee replaced the [[Indian rupee]], which had previously circulated. In 1920, the rupee was revalued against [[Pound sterling|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. |
||
The currency is noteworthy for including the world's first [[aluminium]] [[coin]], the 1907 1 cent. |
The currency is noteworthy for including the world's first [[aluminium]] [[coin]], the 1907 1 cent coin. |
||
==Coins== |
==Coins== |
||
Revision as of 23:15, 6 April 2019
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.
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 aluminium 1 Cent and cupro-nickel 10 Cents in 1907, aluminium ½ Cent in 1908 and cupro-nickel 5 Cents 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, 10, 20, 40, 100 and 500 rupees. In 1920, the East African currency Board issued 1 rupee notes shortly before the rupee was replaced.
References
- Global Financial Data currency histories table
- Tables of modern monetary history: Kenya
- Tables of modern monetary history: Tanzania
- Tables of modern monetary history: Uganda
| Preceded by: Indian rupee Ratio: at par |
Currency of East Africa (Kenya, Uganda) 1906 – 1920 |
Succeeded by: East African florin Ratio: at par |
| Preceded by: German East African rupie Reason: Tanganyika given to United Kingdom by Treaty of Versailles Ratio: at par |
Currency of Tanganyika 1919 – 1920 |
 | This article about a unit of currency is a stub. You can help Wikipedia by expanding it. |
  | This African history–related article is a stub. You can help Wikipedia by expanding it. |