One-rupee-notes-of-Portuguese-and-French-Occupied-India

One rupee notes of Portuguese and French Occupied India

06 Sep 2018  Thu

We have always seen British India banknotes. Have you known the history of the banknotes of Portuguese and French occupied India? Well, these banknotes too have an interesting story to tell.

The rupia was the currency of Portuguese India sometime after 1668 until 1958. The first paper money issued specifically for Portuguese India was issued by the Junta da Fazenda Publica in 1882 in denominations of 10 and 20 rupias. In 1906, the Banco Nacional Ultramarino took over the issuance of paper money, issuing notes for 5, 10, 20 and 50 rupias.

For French India too, the roupie or rupee was the currency. It was equal to the Indian rupee issued by the British and then Indian governments. From 1871, banknotes were issued by France's Banque de l'Indochine, which circulated alongside coins issued by British India.

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Image Courtesy: Wikipedia