German East African rupie
German East African rupie | |
---|---|
Deutsch-Ostafrikanische Rupie (German) | |
1 Rupie coin | |
Central bank | Deutsch-Ostafrikanische Bank |
User(s) | German East Africa |
Subunit | |
1/100 |
(prior to 1904: 64 pesa = 1 rupie) |
Coins | ½, 1, 5, 10, 20 Heller, ¼, ½, 1, 2 Rupien |
Banknotes | 1, 5, 10, 20, 50, 100, 200 500 Rupien |
This infobox shows the latest status before this currency was rendered obsolete. |
The Rupie was the currency of German East Africa between 1890 and 1916, continuing to circulate in the Tanganyika Territory until 1920.
History
The Indian rupee was the dominant currency used along the East African coast during the second half of the 19th century where it had marginalized the American gold dollar and the Maria Theresa thaler. The German East Africa Company acquired rights to mint coinage in 1890 and issued rupies which were equivalent to the Indian and Zanzibar rupee. The Company retained its coinage rights even after the takeover of German East Africa by the government later in 1890. In 1904 the German government took over currency matters and established the Ostafrikanische Bank.
The Rupie was initially equivalent to the Indian rupee. Until 1904, it was subdivided into 64 Pesa (equivalent to the Indian pice or paisa). The currency was decimalized on 28 February 1904, with 1 Rupie = 100 Heller. At the same time, a fixed exchange rate of 15 Rupien = 20 German Mark was established.
In 1915 and 1916, a large series of emergency issues of paper money were issued. 1916 also saw a final issue of coins including gold 15 Rupien coins which contained an equivalent amount of gold to 15 German Mark. Later in 1916, German East Africa was occupied by British and Belgian forces. In Tanganyika, the Rupie circulated alongside the East African rupee (to which it was equal) until 1920, when both were replaced by the East African florin at par. In Burundi and Rwanda, the Belgian Congolese franc replaced the Rupie in 1916.
During the First World War, gold from the Sekenke Gold Mine was used to mint coins to pay German troops fighting against the allied forces in the Belgian Congo.[1]
Coins
In 1890, copper 1 Pesa and silver 1 and 2 Rupie coins were introduced, followed the next year by silver ¼ and ½ Rupie and in 1893 by silver 2 Rupien coins.[2] The silver coins were minted to the same standard as the Indian rupee.
As a consequence of decimalization, bronze ½ and 1 Heller were introduced in 1904, followed by bronze 5 Heller and holed, cupro-nickel 10 Heller in 1908. In 1913, holed, cupro-nickel 5 Heller were introduced. In 1916, crude, brass 5 and 20 Heller coins were issued, together with the gold 15 Rupien mentioned above.
Banknotes
In 1905, the Deutsch-Ostafrikanische Bank introduced notes for 5, 10, 50, and 100 Rupien, and 500 Rupien in 1912.[3] Between 1915 and 1917, World War I emergency issue (interim) notes were produced in denominations of 1, 5, 10, 20, 50 and 200 Rupien.[4]
Emergency issue (provisional banknotes)
Colonial German East Africa was cut off from Germany resulting from a wartime blockade. Silver coinage was hoarded for its intrinsic value in commercial transactions, and the colonial government was pressured into creating interim banknotes.[5] Previous issues of banknotes (i.e., 1905 and 1912) were produced by the German printing company Giesecke & Devrient.[3] The colonial government contracted with the printers of Deutsch-Ostafrikanische Zeitung, a daily newspaper in Dar es Salaam, and on 15 March 1915 they produced the first issue of provisional notes (20 rupien),[6] initially printed on linen and later on paper made from jute.[7] Given the wartime supply shortages, the provisional notes were also printed on commercial paper, wrapping paper,[8] and in one very rare instance, wall paper.[9] Initially variations of white, the notes also appeared in a wide variety of colors, including blue-gray, olive brown, reddish brown, golden brown, dark brown, gray brown, shades of blue, and dark green.[8]
The translated text of the notes states: (front) Provisional Banknote. The German East African Bank will pay, without checking a person’s identity, one rupie (etc.) from its offices in the D.O.A. protectorate.[6] and, in both German and Swahili: (reverse) One hundred percent of the face value of this banknote is deposited with the Imperial German East African government. A warning on the lower reverse of the note states that counterfeiting will result in a minimum sentence of two years at hard labor.[6] Treasury records from colonial German East Africa indicate that 8,876,741 interim notes were printed.[10]
Value | Year | Image | Size |
---|---|---|---|
1 Rupie | 1915 | 105 mm × 63 mm (4.1 in × 2.5 in) | |
5 Rupien | 1915 | 118 mm × 72 mm (4.6 in × 2.8 in) | |
10 Rupien | 1916 | 130 mm × 88 mm (5.1 in × 3.5 in) | |
20 Rupien | 1915 | 156 mm × 99 mm (6.1 in × 3.9 in) | |
50 Rupien | 1915 | 150 mm × 98 mm (5.9 in × 3.9 in) | |
200 Rupien | 1915 |
References
- Cuhaj, George S., ed. (2009). Standard Catalog of World Coins 1801–1900 (6 ed.). Krause. ISBN 978-0-89689-940-7.
- Cuhaj, George S., ed. (2010). Standard Catalog of World Paper Money General Issues (1368-1960) (13 ed.). Krause. ISBN 978-1-4402-1293-2.
- Krause, Chester L., and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
- Sandrock, John E. (September 2002). "A Monetary History of German East Africa" (PDF). Numismatics International 37 (9): 255–83 (PDF 1–36).
Notes
- ↑ Modern Gold Coins accessed: 25 July 2010
- ↑ Cuhaj 2009, p. 372.
- 1 2 Cuhaj 2010, p. 543.
- ↑ Cuhaj 2010, pp. 544–46.
- ↑ Sandrock 2002, p. 17.
- 1 2 3 Sandrock 2002, p. 20.
- ↑ Sandrock 2002, p. 22.
- 1 2 Sandrock 2002, p. 24.
- ↑ Sandrock 2002, p. 33.
- ↑ Sandrock 2002, p. 34.
External links
Preceded by: Indian rupee Ratio: at par |
Currency of German East Africa (Tanganyika, Burundi, Rwanda) 1890 – 1916 in Burundi and Rwanda, 1920 in Tanganyika Note: German East Africa was occupied by British and Belgian forces in 1916 |
Succeeded by: East African florin Location: Tanganyika Reason: given to United Kingdom by Treaty of Versailles Ratio: at par |
Succeeded by: Belgian Congolese franc Location: Burundi, Rwanda Reason: given to Belgium by Treaty of Versailles |
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