Zanzibari rupee
Encyclopedia
The rupee was the currency of Zanzibar
Zanzibar
Zanzibar ,Persian: زنگبار, from suffix bār: "coast" and Zangi: "bruin" ; is a semi-autonomous part of Tanzania, in East Africa. It comprises the Zanzibar Archipelago in the Indian Ocean, off the coast of the mainland, and consists of numerous small islands and two large ones: Unguja , and Pemba...

 from 1908 to December 31, 1935. It was subdivided into 100 cents (Arabic: سنت).

History

The rupee replaced the Zanzibari ryal at a rate of 2⅛ rupees = 1 ryal and was equivalent to the Indian rupee
Indian rupee
The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....

, which was also in circulation. The Zanzibari rupee remained equal to the Indian rupee and was replaced on January 1, 1936, by the East African shilling
East African shilling
The shilling was the currency issued for use in British controlled areas in East Africa from 1921 until 1969. It was produced by the East African Currency Board...

 at the rate of 1½ East African shillings = 1 Zanzibari rupee.

Coins

Bronze coins were introduced in 1908 in denominations of 1 and 10 cents, together with nickel 20 cents. No further issues of coins were made.

Banknotes

In 1908, banknotes were introduced by the government of Zanzibar in denominations of 5, 10, 20, 50, 100 and 500 rupees, with 1 rupee notes added in 1920. Notes were issued until 1928. All of these notes are very rare today. The Standard Catalog of World Paper Money reports that the Spink auction house sold a 1916 100 rupee note in fine to very fine condition for U.S. $7360.

External links

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