This articleneeds additional citations forverification.(December 2009) |
Thefanam(orpanam[1]in the local language of Tamil) was a currency issued by theMadras Presidencyuntil 1815. It circulated alongside theIndian rupee,also issued by the Presidency. The fanam was a small silver coin, subdivided into 80 coppercash,with the goldpagodaworth 42 fanams. The rupee was worth 12 fanams. After 1815, only coins of the rupee currency system were issued.
![](https://upload.wikimedia.org/wikipedia/commons/thumb/9/96/20_Cash_1803%2C_British_India%2C_Madras.jpg/250px-20_Cash_1803%2C_British_India%2C_Madras.jpg)
Conversion table
editPagoda | Rupees | Fanams | Cash |
---|---|---|---|
1 | 3½ | 42 | 3360 |
1 | 12 | 960 | |
1 | 80 |
Fanams were also issued inTravancore,worth 1/7 of arupee,whilst inDanish Indiathefanowas issued, worth 1/8rupee,and inFrench Indiathefanonwas issued, worth 1/8rupee.
See also
editReferences
edit- ^Hamilton, Francis; Company, East India (1 January 1807).A journey from Madras through the countries of Mysore, Canara, and Malabar: performed under the orders of the most noble the Marquis Wellesley, governor general of India, for the express purpose of investigating the state of agriculture, arts, and commerce; the religion, manners, and customs; the history natural and civil, and antiquities, in the dominions of the rajah of Mysore, and the countries acquired by the Honourable East India company.T. Cadell and W. Davies.