Georgian abazi

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A Georgian coin issued under the Russian authority in Tiflis in 1827

Abazi (Georgian: აბაზი) was a Georgian silver coin, deriving its name from the Iranian abbasi, which was in use from the early 17th century into the early 19th.

The name abazi derives from the Persian abbasi, a silver coin first issued by the Safavid shah Abbās I (1581-1629),[1] who was responsible for consolidating the Iranian influence over Georgia. It was subdivided into 200 dinar. Other denominations were the puli ("copper") of 5 dinar and the bisti of 20 dinar.

After the absorption of Georgia into the Russian Empire in 1801, the currency was not immediately replaced by the Russian ruble. Instead, a final issue of coins was made between 1804 and 1833 in denominations of 5, 10 and 20 dinar in copper and 100, 200 and 400 dinar in silver. These were related to the Russian currency at a rate of 10 dinar to the kopeck. The Russian ruble was introduced in 1833 at a rate of 5 abazi = 1 ruble. However, the Georgian coins continued to circulate into the 1860s.

References[edit]

  1. ^ P. Avery, B. G. Fragner, J. B. Simmons (December 15, 1982), "‘Abbāsī", in: Encyclopædia Iranica, Vol. I, Fasc. 1, p. 86. Iranica Online (Last Updated: July 13, 2011). Accessed April 7, 2012.