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:

    In history an additional result is commonly produced by human actions beyond that which they aim at and obtain—that which they immediately recognize and desire. They gratify their own interest; but something further is thereby accomplished, latent in the actions in question, though not present to their consciousness, and not included in their design.
    Georg Wilhelm Friedrich Hegel (1770–1831)

    It’s nice to be a part of history but people should get it right. I may not be perfect, but I’m bloody close.
    John Lydon (formerly Johnny Rotten)

    Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.
    Henry David Thoreau (1817–1862)