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Travancore Rupee

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This is an old revision of this page, as edited by Solomonsunder (talk | contribs) at 12:34, 19 August 2015 (It is pronounced panam (money) not fanam). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The Travancore rupee was the currency of the State of Travancore. Unlike the Indian rupee issued by the British, the rupee of Travancore was subdivided into 7 panam, each of 4 chakram, each of 16 cash. The Travancore currency was issued until 1949 before being replaced by the Indian rupee.

As of 1901, silver coins were issued in the denominations or 2 chakrams, 4 chakrams, 7 chakram (1/4 rupee), 14 chakram (1/2 rupee). Copper coins were struck in the denominations of 1 cash, 4 cash, 8 cash, and 1 chakram (=16 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.[1]

References

  1. ^ Imperial Gazetteer of India, Provincial Series, Madras II: The Southern and West Coast Districts, Native States, and French Possessions. 1908. p. 419.