Zanzibari Rupee - History

History

The rupee replaced the Zanzibari ryal at a rate of 2⅛ rupees = 1 ryal and was equivalent to the Indian rupee, 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 at the rate of 1½ East African shillings = 1 Zanzibari rupee.

Read more about this topic:  Zanzibari Rupee

Famous quotes containing the word history:

    “To summarize the contentions of this paper then. Firstly, the phrase ‘the meaning of a word’ is a spurious phrase. Secondly and consequently, a re-examination is needed of phrases like the two which I discuss, ‘being a part of the meaning of’ and ‘having the same meaning.’ On these matters, dogmatists require prodding: although history indeed suggests that it may sometimes be better to let sleeping dogmatists lie.”
    —J.L. (John Langshaw)

    “It is remarkable how closely the history of the apple tree is connected with that of man.”
    —Henry David Thoreau (1817–1862)

    “The history of the world is the record of the weakness, frailty and death of public opinion.”
    —Samuel Butler (1835–1902)