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Description. Gold Spot Price per Gram from Jan 1971 to Jan 2012.svg. English: This chart shows the nominal price of gold along with the price in 1971 and 2011 dollars (adjusted based on the consumer price index). The historical gold price was obtained from www.igolder.com; CPI was obtained from www.rateinflation.com.
The basic unit of currency was the Indian rupee, which was itself divided into annas (16 annas to a rupee) and pice (the old spelling of paisa – 64 pice to a rupee). The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued to ...
The tola ( Hindi: तोला / Urdu: تولا, romanized : tolā; also transliterated as tolah or tole) is a traditional Ancient Indian and South Asian unit of mass, now standardised as 180 grains ( 11.6638038 grams) or exactly ⁄8 troy ounce. It was the base unit of mass in the British Indian system of weights and measures introduced in ...
From 1833 the rupee and tolā weight was fixed at 180 grains, i.e. 11.66382 grams. Hence the weight of 1 maund increased to 37.324224 kilogram. [ 3 ] Traditionally one maund represented the weight unit for goods which could be carried over some distance by porters or pack animals.
An anna (or ānna) was a currency unit formerly used in British India, equal to of a rupee. [1] It was subdivided into four pices or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise. The anna was demonetised as a currency unit ...
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic stability.
Pagoda (coin) French East India Company -issued "Gold Pagoda" for Southern India trade, cast in Pondicherry 1705–1780. The pagoda, also called the hoon, [1] was a unit of currency, a coin made of gold or half-gold minted by Indian dynasties as well as the British, the French and the Dutch. It was subdivided into 42 fanams.
Gold mohurs issued by the Mughal Empire, the British East India Company or the British Crown are valuable collector items and sell in auctions for high prices. The double mohur (minted between 1835 and 1918) with a value of 30 rupees is the highest denomination circulating coin issued till date.
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