Time Period: 1861-1908

Timeline

  • around 1881
  • Production of gold, silver, and copper coins in Brussels and Heaton (Birmingham) mints, of which only the copper coin was issued and the silver Riyal wend beyond patterns:
    - Gold: 5, 2½ Riyals in Egyptian standard at 5 Zanzibari Riyals = 1 Egyptian Pound
    - Silver: 1, ½, ¼ Riyal in Egyptian standard at 1 Zanzibari Riyal = 20 Egyptian Pastres
    - Copper: 1 Paisa in Indian standard at 1 Zanzibari Riyal = 136 Paisa.


Time Period: 1908-1935

Currency: Zanzibari Rupee


Timeline

  • 11.03.1908
  • Sultan's decree [Currency Decree, No. 3] on the establishment of the Zanzibar Currency Board an the creation of the national currency; effective upon constitution of the board on 01.04.1908:
    - Legal tender status was given to the Board's currency notes, Indian silver coinage and local (decimal) subsidiary coins.
    - 02.12.1909: Sultan's decree [Currency (Amendment) Decree, No. 21], providing for an additional denomination of the currency notes; effective immediately.
    - 06.04.1911: Sultan's decree [Currency (Amendment) Decree, No. 2], giving additional legal tender status to British gold coins, at 1 British pound = 15 Zanzibari Rupees, and local (non-decimal) copper subsidiary coins; effective immediately.

Valuation Regimes

  • 1908-1935
  • Fixed rate against Indian Rupee

Rate Arrangements

  • 01.04.1908
  • Fixed
  • Indian Rupee at 1 : 1
  • -


Time Period: 1935-1964

Timeline

  • 16.12.1935
  • Sultan's decree [Currency Decree, No. 21] on the merger of the Zanzibar Currency Board with the East African Currency Board; effective 01.01.1936
  • 01.01.1936
  • Start of currency exchange:
    - 01.01.1936: Start of issuance of East African coins and banknotes
    - 06.04.1936: Demonetization of the Indian and Zanzibari currencies at 1 Zanzibari Rupee = 1.50 East African Shillings.