Time Period: 1730-1871

Timeline

01.09.1736
Mughal decree on the issuance privilege for silver coins in the Rupee standard of Arcot by the French East India Company; effective immediately
26.12.1736
Council resolution of the French East India Company on the coinage standard; effective 01.01.1737:
- Silver: 1'000 Rupees at 46⁵⁄₈ Parisian mark silver 0.958³⁄₈.
13.07.1739
Rating of the South Indian gold currency at 100 Pagodas (gold) = 320 Rupees (silver)
1836-1839
Operations of the Pondicherry mint:
- 29.12.1836: Ordinance on the issuance of subsidiary coins to the Pagoda currency of 2, 1, ½ Fanam (silver) and 1 Cash (copper) rated as Pagoda / 24 Fanam / 18 Cash; effective immediately
- 06.03.1839: Ordinance on the repeal of the 1836 ordinance; effective immedately
- 31.12.1839: Closure of the Pondicherry mint.
09.08.1847
Governor's decree, declares the gold and silver coins of Madras Presidency of the English East India Company to be legal tender; effective immediately (?)
12.11.1853
Governor's decree, declares Pondicherry subsidiary coins of 2, 1, ½ Fanam (silver) legal tender at 1 Fanam = 24 Madras Cash (= ¹⁄₄₀ Madras Rupee); effective immediately (?)

07.06.1871
Governor's decree, demonetizes the Pondicherry subsidiary coins; effective 07.09.1871:
- The coins could be exchanged at the rate of 40 Fanams to the Indian (Madras) Rupee until 31.12.1871.
08.01.1877
Start of operation of the French Indochina Bank at Pondicherry and issuance of paper money
13.09.1884
French presidential decree, fixes the parity of the French Indian Rupee and (British) Indian Rupee (the rate had been fluctuating slightly); effective 01.01.1885
30.11.1954
Demonetization of the French Indian paper money (after Pondicherry had joined the Republic of India on 01.11.1954) and exchange at 1 French Indian Rupee = 1 Indian Rupee

1871-1954
Fixed rate against Indian Rupee (1871-1884 the French Indian Rupee was rated against the French Franc which led to a slightly fluctuating cross rate)