History
The 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.
Read more about this topic: Italian Somaliland Rupia
Famous quotes containing the word history:
“There is no history of how bad became better.”
—Henry David Thoreau (1817–1862)
“What has history to do with me? Mine is the first and only world! I want to report how I find the world. What others have told me about the world is a very small and incidental part of my experience. I have to judge the world, to measure things.”
—Ludwig Wittgenstein (1889–1951)
“If you look at history you’ll find that no state has been so plagued by its rulers as when power has fallen into the hands of some dabbler in philosophy or literary addict.”
—Desiderius Erasmus (c. 1466–1536)