RootsWeb.com Mailing Lists
Total: 1/1
    1. [INDIA] Currency for trading overseas
    2. Caroline Gaden
    3. Hello Everyone Thank you all for your help, I have been following up the various references you have sent. For your information the following is a list of equivalent sterling values in New South Wales, Australia in November 1800 1 Guinea = £1-2-0 1 Johanna (Portuguese) = £4-0-0 ½ Johanna = £2-0-0 Gold Mohur (Bombay or Bengal) = £1-17-6 Spanish $ = 5/- Ducat = 9/6 Pagoda (S. India) = 8/- Rupee (Bengal) = 2/6 Dutch guilder = 2/- English shilling = 1/8 1oz Copper coin = 2d ½oz Copper coin = 1d ¼ oz Copper coin = ½d The copper coins had twice the value they did in England at this time, with £1200 in face value arriving in the colony (and to stop hoarding £5 was the largest amount permitted for legal tender). This is taken from Foundations of the Australian Monetary System 1788-1851 by SJ Butlin (1953) I'm very pleased I was not a shop keeper at that time although I guess my arithmetic would have improved out of necessity. Many thanks Cheers Caroline

    09/16/2010 11:06:40