Puneet Varma (Editor)

Italian Somaliland rupia

Updated on
Edit
Like
Comment
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Italian Somaliland rupia

The Somali rupia (plural: rupie, Somali: روپيا) was the currency in Italian Somaliland from 1909 to 1925. It was subdivided into 100 bese (singular: besa, Somali: بيزا).

Contents

History

The Somali rupia was introduced between 1909 and 1910. First, bronze coins denominated in besa were introduced, followed by silver coins denominated in rupia in 1910. The rupia replaced several currencies, including the Maria Theresa thaler and the Indian rupee, to which it was equal. The rupia was replaced by the Italian Somaliland lira during a transition period between July 1, 1925, and June 30, 1926, at a rate of 8 lire = 1 rupia.

Since the rupia's replacement, several currencies have circulated in what was Italian Somaliland, including the Italian East African lira, the East African shilling, the Italian Somaliland somalo and the Somali shilling.

Coins

In 1909, bronze coins were introduced in denominations of 1, 2 and 4 bese. These were followed, in 1910, by silver ¼, ½ and 1 rupia. The silver coins were struck to the same specifications as those of the Indian rupee. Silver coins were struck until 1921, with bronze continuing until 1924.

References

Italian Somaliland rupia Wikipedia