Rupee - East African Coast and South Arabia

East African Coast and South Arabia

In East Africa, Arabia, and Mesopotamia the rupee and its subsidiary coinage was current at various times. The usage of the rupee in East Africa extended from Somalia in the north, to as far south as Natal. In Mozambique the British India rupees were overstamped, and in Kenya the British East Africa Company minted the rupee and its fractions as well as pice. The rise in the price of silver immediately after the first world war caused the rupee to rise in value to two shillings sterling. In 1920 in British East Africa, the opportunity was then taken to introduce a new florin coin, hence bringing the currency into line with sterling. Shortly after that, the Florin was split into two East African shillings. This assimilation to sterling did not however happen in British India itself. In Somalia the Italian colonial authority minted 'rupia' to exactly the same standard, and called the pice 'besa'.

Read more about this topic:  Rupee

Famous quotes containing the words east, african, coast and/or south:

    The practice of politics in the East may be defined by one word: dissimulation.
    Benjamin Disraeli (1804–1881)

    Kitsch ... is one of the major categories of the modern object. Knick-knacks, rustic odds-and-ends, souvenirs, lampshades, and African masks: the kitsch-object is collectively this whole plethora of “trashy,” sham or faked objects, this whole museum of junk which proliferates everywhere.... Kitsch is the equivalent to the “cliché” in discourse.
    Jean Baudrillard (b. 1929)

    Beyond this island bound
    By a thin sea of flesh
    And a bone coast ...
    Dylan Thomas (1914–1953)

    We in the South were ready for reconciliation, to be accepted as equals, to rejoin the mainstream of American political life. This yearning for what might be called political redemption was a significant factor in my successful campaign.
    Jimmy Carter (James Earl Carter, Jr.)