German East African rupie
1 East African Florin
The German East Africa rupee was the currency of German East Africa 1890-1916 and circulated in Tanganyika until 1920.
History
The Indian rupee was in the second half of the 19th century, the common currency on the East African coast and had both the U.S. gold dollar and the Maria Theresa thaler marginalized. The German East Africa Company acquired the right to mint coins in 1890 and issued rupees, which corresponded to the Indian rupee and Zanzibar. The company maintained its mint money even after the later acquisition of German East Africa by the German government. 1904 took over the German government's monetary affairs in the colony and established the East African Bank.
Initially, the German East Africa rupee equivalent in value to the Indian rupee. By 1904 it was divided into 64 Pesa ( according to the Indian pice or paisa ), from February 1904, the currency was decimalized and divided 1 rupee in 100 Heller. At the same time, a fixed exchange rate of 15 rupees = 20 marks has been introduced.
1915 and 1916 a large series of paper - Token was issued. In 1916 there was again a final issue of coins, including a 15 -rupee gold coin that had a gold value of 15 marks. 1916 German East Africa was occupied by British and Belgian troops. In Tanganyika, the German East African rupee circulated alongside the British East African rupee ( which they corresponded in value terms ) until 1920, when both were replaced by the East African Florin in exchange ratio of 1:1. In Burundi and Rwanda, the Belgian Congolese franc replaced the rupee in 1916.
1890 1- Pesa coins of copper and 1 rupee coins made of silver were introduced, followed by silver ¼ -. ½ rupee pieces next year and 2 -rupee silver coin 1893 silver coins were minted in the same standard as the Indian rupee.
As a consequence of the introduction of the decimal system were 1904 ½ -. , And output 1- Heller coins, followed by perforated 5 pence in bronze and 10 pence of copper nickel 1908 1913 came perforated 5 - Heller coins added copper nickel and 1916 were combined with the above the golden 15 -rupee pieces, roughly embossed 5 - and 20 - heller coins issued.
Bills
1905 introduced the German East Africa Bank banknotes in denominations of 5, 10, 50, 100 and 500 rupees. Between 1915 and 1917 emergency money in denominations of 1, 5, 10, spent 20, 50 and 200 rupees.