Time Period: 1762-1825
Currency: Ionian Thaler
- Transition
- -
- Sub-units
- Thaler / 240 Gazette / 2 Soldi (1762-1820)
Thaler / 100 Obols (1820-1825)
- ISO4217
- none
Timeline
- 28.06.1762
- Governor's proclamation of the adoption of the Venetian Thaler (of 10 Venetian Lire) as unit of account; effective immediately (?):
- Gold: Venetian Ducat (Zecchino) = 481 Gazette
- Silver: Venetian Thaler (Tallero) = 240 Gezette; 1 Venetian Silver Ducat (Ducato) = 173 Gazette.
- 29.09.1798
- [FR:08 Vendémiaire VII] Rating of circulating coins against Turkish currency; effective immediately (?):
- Gold: 1 Louis d'Or of 24 French Livres = 141⁄20 Turkish Piastres
- Silver: 1 Écu of 6 French Livres = 3½ Turkish Piastres; Venetian Thaler (Tallero) = 3¼ Turkish Piastres.
- 17.09.1801
- JD:05.09.1801
- Law of the Septinsular Republic on the foundation of a mint at Garitsa (Corfu) and the issuance of copper subsidiary coins of 10, 5, 1 Gazette; effective immediately (?)
- ??.??.1813
- Import of foreign silver subsidiary coins by the British occupation troops, counterstamped with values in Turkish currency, base on a rating of the Spanish Dollar at 5½ Turkish Piastres
- The counterstamped coins were tolerated until 30.05.1821.
- 10.08.1818
- Government decision on the rating of foreign silver coins in Turkish currency at Spanish Dollar = Austrian Thaler = Venetian Thaler = 5½ Turkish Piastres and of the copper subsidiary coins at Spanish Dollar = 330 Gazette
- 12.08.1818: Amendment, rates the Spanish Doubloon at 15½ Spanish Dollars
- 28.10.1818
- Government decision on the production of copper subsidiary coins of 2, 1, ½ Obol by the Royal Mint (London), based on a rating of Spanish Dollar = 100 Obols; issued on 12.05.1820.
- 12.05.1821: Amendment, orders the production of a cooper coin of ¼ Obol (= Lepta) at Corfu mint.
- 30.06.1820
- Government decree on the adoption of the Spanish Dollar as unit of account, referred to as "Distilo"; effective immediately:
- Rating of the Maria-Theresia Thaler at 98 Obols, the Venetian Thaler at 96 Obols, the Spanish Doubloon at 1'520 Obols.
- 30.06.1820
- Government resolution on the demonetization of the Turkish coinage at a rate of 1 Spanish Dollar = 6¾ Turkish Piastres and the former copper coins at a rate of Spanish Dollar = 343 Gazette; effective 15.07.1820
- On the island of Kythera, Turkish currency was tolerated again by act [Nr. 15] of 16.03.1825, based on a rate of 1 Spanish Dollar = 10 Turkish Piastres.
Valuation Regimes
- 1762-1825
- Free circulation of various foreign coins rated against the accounting unit. Base weight is the Cologne mark / 16 Lot / 18 Grän at 233.856 grams (Venetian Tallero) and the Castilian mark / 8 Onzas / 8 Octavos / 8 Dineros / 2 Adarmes / 36 Granos at 230.047 grams (Spanish Dollar).
Rate Arrangements
- 28.06.1762
- Metallic
- Thaler: 23'526.72mg AG fine
- 947⁄50 Thalers of 10 Venetian Lire to the Cologne mark fine silver
- 30.06.1820
- Metallic
- Thaler: 24'433.04mg AG fine
- 8½ Thalers of 8 Spanish Reals to the Castilian mark silver 105⁄6 deniers
Time Period: 1825-1864
Currency: Ionian Crown
- Transition
- 13 : 15
- Sub-units
- Crown / 60 Pence / 10 Obols (Note: The "Obol" is incorrectly referred to as "Lepto")
- ISO4217
- none
Timeline
- 04.06.1825
- Currency law [No. 53] on the adoption of the British Crown of 5 Shillings Sterling in silver as base coin, British silver and copper coinage is declared legal tender; effective immediately:
- Rating of the Spanish Dollar at 52 Pence = 520 Obols.
- 15.03.1827
- Currency law [No. 53] on the adoption of the Sterling accounting in Pound ("Lira") and restricting legal tender status to the British Crown (= 600 Obols), half Crown (= 300 Obols), Shilling (= 120 Obols), 6 Pence (= 60 Obols), and the copper Farthing (= 2½ Obols); effective immediately.
- On the island of Kythera, Turkish currency remained tolerated at a rate of 6 Pence (= 60 Obols) = 1 Turkish Piastre; terminated on 16.03.1830.
- Amended by law [No. 27] of 10.05.1852 to give legal tender status to the British Florin (= 240 Obols).
- 07.05.1833
- Coinage law [No. 7] on the production of subsidiary coins of 3 Pence (= 30 Obols) in silver and 1 Obol in copper; issued on 23.08.1834
- 02.03.1840
- Start of operations of the Ionian Bank; issuance of paper money denominated in Pounds / "Lirai" (= 2'400 Obols) and Spanish Dollars / "Kolonata" (= 520 Obols)
- 01.06.1864
- Start of currency exchange during the integration into Greece:
- 01.06.1864: Integration into Greece and start of issuance of Greeek coins and banknotes
- 30.06.1870: Demonetization of the British and Ionian currency, as well as the Spanish Dollars.
Valuation Regimes
- 1825-1864
- Fixed rate against British Pound with legal tender status restricted to silver coinage
Rate Arrangements
- 04.06.1825
- Fixed
- British Pound at 1 : 4 - [Silver parity] 26'155.21mg AG fine
- -
- Ionian Islands (Greece)
- GR