Denominations | |
---|---|
Subunit | |
10⁄100 | tanga |
Banknotes | 5, 10, 20, 50, 100 and 500 rupia |
Demographics | |
Replaced by | escudo |
User(s) | Portuguese India |
Issuance | |
Bank of issue | Banco Nacional Ultramarino |
This infobox shows the latest status before this currency was rendered obsolete. |
The rupia was the currency of Portuguese India sometime after 1668 until 1958. [1] Prior to 1668, the currency unit was Xerafim (xerafin, xeraphin). In 1666, the Portuguese administration struck a silver coin calling it double xerafin and this was declared equal to a rupia in circulation in India outside of Portuguese possessions. [1] A xerafim was a convertible subunit of rupia, and it was unique to Portuguese colonies in India. One rupia equalled two xerafims. [2] [3]
In decades that followed, the double xerafin came to be known in Goa and other Portuguese Indian territories simply as rupia (or Portuguese Indian rupia) was subdivided into units such as reis (real) and pardao that mirrored the currency terms introduced by Portuguese officials in other colonies worldwide.
Before 1871, the rupia was subdivided into 750 bazarucos, 600 réis (singular: real), 20 pardaus or 10 tangas. A rupia equaled two xerafims. After 1871, 960 réis or 16 tangas (worth 60 réis) equalled 1 rupia. The rupia was equal in value to the Indian rupee. This meant the tanga was equal in value to the Indian anna. In 1958, the currency was replaced by the escudo at the rate of 1 rupia = 6 escudos.
Goa, Damão and Diu issued their own coinages until the middle of the 19th century. Damão issued copper 3, 15, 30 and 60 réis coins until 1854 when the mint closed. Diu issued lead and tin 5 and 10 bazarucos together with tin 20 bazarucos, copper 30 and 60 réis and silver 150 and 300 réis and 1 rupia. The Diu mint closed in 1859.
Goa issued the most diverse coinage of the three mints. In addition to tin bastardo, there were copper coins in denominations of 3, 4+1⁄2, 6, 7+1⁄2, 9, 10, 12 and 15 réis, 1⁄2 and 1 tanga, silver coins for 1⁄2 and 1 tanga, 1⁄2 and 1 pardau, and 1 rupia, and gold 1, 2, 4, 8 and 12 xerafins. The Goa mint was closed by the British in 1869.
Following the closure of the last local mint, coins were imported from Portugal beginning in 1871. This new coinage coincided with the reform of the subdivisions of the rupia. Copper coins were introduced in denominations of 3, 5, 10 and 15 réis, 1⁄2 and 1 tanga. In 1881, copper 1⁄8 tanga and silver 1⁄8, 1⁄4, 1⁄2 and 1 rupia coins were introduced. Bronze replaced copper in 1901, whilst cupro-nickel 2 and 4 tangas were introduced in 1934, followed by 1⁄2 and 1 rupia in 1947 and 1952, respectively.
The first paper money issued specifically for Portuguese India was issued by the Junta da Fazenda Pública in 1882 in denominations of 10 and 20 rupias. These were followed in 1883 by notes issued by the General Government (Governo Geral) for 5, 10, 20, 50, 100 and 500 rupias.
In 1906, the Banco Nacional Ultramarino took over the issuance of paper money, issuing notes for 5, 10, 20 and 50 rupias. In 1917, notes were added for 4 and 8 tangas, 1 and 2+1⁄2 rupias. These were the only issue of tanga denominated notes, whilst the 2+1⁄2 rupia notes were issued until 1924 and the 1 rupia until 1929. 100 and 500 rupias notes were reintroduced in 1924.
The svenska riksdaler was the name of a Swedish coin first minted in 1604. Between 1777 and 1873, it was the currency of Sweden. The daler, like the dollar, was named after the German Thaler. The similarly named Reichsthaler, rijksdaalder, and rigsdaler were used in Germany and Austria-Hungary, the Netherlands, and Denmark-Norway, respectively. Riksdaler is still used as a colloquial term for krona, Sweden's modern-day currency.
The Portuguese escudo was the currency of Portugal replacing the real on 22 May 1911 and was in use until the introduction of the euro on 1 January 2002. The escudo was subdivided into 100 centavos. The word escudo literally means shield; like other coins with similar names, it depicts the coat of arms of the state.
The Indian rupee is the official currency in the Republic of India. The rupee is subdivided into 100 paise. 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 based on the Reserve Bank of India Act, 1934.
The escudo is the currency of the Republic of Cape Verde. One escudo is subdivided into one hundred centavos.
Each "article" in this category is a collection of entries about several stamp issuers, presented in alphabetical order. The entries are formulated on the micro model and so provide summary information about all known issuers.
The escudo was the currency of Portuguese India between 1958 and 1961. It was subdivided into 100 centavos and was equal in value to the Portuguese escudo. After Goa was integrated by the Republic of India in 1961, the escudo was replaced by the Indian rupee.
The real was a unit of currency in Spain for several centuries after the mid-14th century. It underwent several changes in value relative to other units throughout its lifetime until it was replaced by the peseta in 1868. The most common denomination for the currency was the silver eight-realSpanish dollar or peso which was used throughout Europe, America and Asia during the height of the Spanish Empire.
The real was the unit of currency of Portugal and the Portuguese Empire from around 1430 until 1911. It replaced the dinheiro at the rate of 1 real = 3+1⁄2 libras = 70 soldos = 840 dinheiros and was itself replaced by the escudo at a rate of 1 escudo = 1000 réis. The escudo was further replaced by the euro at a rate of 1 euro = 200.482 escudos in 2002.
The history of the rupee traces back to ancient times in the Indian subcontinent. The mention of rūpya by Pāṇini is seemingly the earliest reference in a text about coins. The term in Indian subcontinent was used for referring to a coin.
The escudo was the currency of São Tomé and Príncipe between 1914 and 1977. It was equivalent to the Portuguese escudo and subdivided into 100 centavos.
The Roman scudo was the currency of the Papal States until 1866. It was subdivided into 100 baiocchi, each of 5 quattrini. Other denominations included the grosso of 5 baiocchi, the carlino of 7+1⁄2 baiocchi, the giulio and paoli; both of 10 baiocchi, the testone of 30 baiocchi and the doppia of 3 scudi.
The real was the currency of Portuguese Angola until 1914. It was equal to the Portuguese real. No subdivisions existed, but some coins were issued denominated in macutas, worth 50 réis. The real was replaced by the escudo in 1914.
The real was the currency of Argentina until 1881. From 1822, it was subdivided into 10 décimos. The sol was also issued during this period and was equal to the real, whilst the peso was worth 8 reales and the escudo was worth 16 reales.
The real was the currency of Colombia until 1837. No subdivisions of the real existed until after the real had ceased to be the primary unit of currency. However, 8 reales = 1 peso and 16 reales = 1 escudo.
The pataca was a monetary unit of account used in Portuguese Timor between 1894 and 1958, except for the period 1942–1945, when the occupying Japanese forces introduced the Netherlands Indies gulden and the roepiah. As in the case of the Macanese pataca which is still in use today, the East Timor unit was based on the silver Mexican dollar coins which were prolific in the wider region in the 19th century. These Mexican dollar coins were in turn the lineal descendants of the Spanish pieces of eight which had been introduced to the region by the Portuguese through Portuguese Malacca, and by the Spanish through the Manila Galleon trade.
The real was a currency of Mexico, issued until 1897. There were 16 silver reales to 1 gold escudo, with 8 tlacos to the real. The peso, which circulated alongside the real and eventually replaced it, was equal to 8 reales.
The real was the currency of Peru until 1863. Sixteen silver reales equalled one gold escudo. The silver coin of 8 reales was also known as the peso.
The escudo was either of two distinct Spanish currency denominations.
The rigsdaler specie was a unit of silver currency used in Norway from 1544, renamed as the speciedaler in 1816 and used until 1873. Norway used a common reichsthaler currency system shared with Denmark, Hamburg and Schleswig-Holstein until 1873 when the gold standard was implemented in Scandinavia and the German Empire.
The first official currency of Brazil was the real, with the symbol Rs$. As the currency of the Portuguese empire, it was in use in Brazil from the earliest days of the colonial period, and remained in use until 1942, when it was replaced by the cruzeiro.