MONETARY SYSTEM UNDER BRITISH RULE

The Monetary system under British Rule in India was not decimal system. It followed a particular pattern. Here I would like to share the monetary system in India under British rule. There were Pies, Pice, Anna, Rupee and Mohur. In our previous blog post we have seen the denominations minted under British India Authority. You may read about those below: 1. 1/12 Anna 2. 1/2 Pice 3. 1/4 Anna 4. Pice 5. 1/2 Anna 6. Anna 7. 2 Annas 8. 1/4 Rupee 9. 4 Annas 10. 8 Annas 11. 1/2 Rupee 12. Rupee 13. 5 Rupees (1/3 Mohur) 14. 10 Rupees (2/3 Mohur) 15. 15 Rupees (Mohur) 16. 30 Rupees (2 Mohur )

1 pie = 1/12 Anna  
 

3 Pies = 1 Pice (Paisa)

4 Pice = 1 Anna

12 Pies = 1Anna

16 Annas = 1 Rupee

15 Rupees = 1 Mohur

Even after 1947 this system of Annas and Rupee followed till 1950s

BRITISH - INDIA MADRAS PRESIDENCY 1/2 Pagoda KM# 353

Half 1/2 Pagoda KM# 353 BRITISH - INDIA MADRAS PRESIDENCY 1/2 Pagoda is 21.717 gram Silver coinage of 35.5 mm diameter. This coin edge is vertical milled. It can be found overs truck on large plugs made from Spanish or Spanish Colonial 8 reales. This coin is minted about 2,000000 pieces in 1808. 

Obverse: Value in large English lettering and Persian on buckled garter around Gopuram Legend: HALFPAGODA
Reverse: Value in Tamil and Telegu around deity Vishnu