Time Period: 1775-1881

Currency: Goa Ashrafi (Xerafim)

Transition
-
Sub-units
Ashrafi / 5 Annas / 60 Reis = 75 Bazarucos (1775-1875)
Ashrafi / 6 Annas / 60 Reis (1875-1881)
ISO4217
none

23.06.1775
Resolution of the colonial council on the weights of the subsidiary coinage; effective immediately (?):
- Subsidiary coins: 6 Annas per Portuguese mark copper and 862½ Annas per Portuguese quintal (256 marks) tin.
06.07.1775
Resolution of the colonial council, establishes the Ashrafi in gold and silver; effective immediately (?):
- Rating of Portuguese coins at 1 Ashrafi = 160 Portuguese Reis.
10.10.1818
Resolution of the colonial council, reduces the gold-to-silver ratio; effective immediately (?)

- Subsidiary coins: 1 Anna at 738 Portuguese grains copper
30.04.1874
Governor's decree, changes valuation of the subunit to 6 Annas per Ashrafi (instead of 5 Annas); effective 01.07.1875:
- Rating of Portuguese coins at 1 Ashrafi = 200 Portuguese Reis.

1775-1881
Metallic currency based on circulating gold and silver coins. Base weight is the Portuguese mark / 8 Ounces / 8 Octavs / 72 Grän at 229.500 grams.

06.07.1775
Metallic
Ashrafi: 351.82mg AU fine & 5'008.93mg AG fine
576 Ashrafis to the Portuguese mark gold 45 points (21³³⁄₁₇₂ carats) and 21 Rupees of 2 Ashrafis to the Portuguese mark silver 11 deniers => AU : AG = 14.237
10.10.1818
Metallic
Ashrafi: 351.82mg AU fine & 4'907.84mg AG fine
576 Ashrafis to the Portuguese mark gold 45 points (21³³⁄₁₇₂ carats) and Rupee of 2 Ashrafis at 215 Portuguese grains silver 11 deniers => AU : AG = 13.950

26.12.1878
Anglo-Portuguese Treaty on trade and customs in India; effective 14.01.1880
12.04.1880
Currency law on the adoption of the (British) Indian standard; effective 01.05.1881
01.05.1881
Start of currency exchange:
- 01.05.1881: Start of issuance of the new banknotes and coins, (British) Indian coins obtained legal tender status
- 15.05.1882: Demonetization of the Goa coinage (exchange period was extended several times)
- 06.03.1884: Rating of Portuguese coins at Rupee = 400 Portuguese Reis.

27.06.1953
Portuguese general law [No. 2066] on the Overseas Territories: §72.II prescribes the unification of all colonial currencies
16.06.1958
Local ordinance [No. 41680] on currency conversion; effective 31.12.1958
31.12.1958
Start of currency exchange:
- 01.01.1959: Start of issuance of the new banknotes and coins
- ??.??.????: Demonetization of the former currency.
20.12.1961
Occupation of Goa by Indian forces, proclamation of the Indian military governor Kenneth Candeth for the immediate introduction of Indian money at the rate 1 Indian Rupee = 6 Portuguese Indian Escudos
09.05.1962
Indian ordinance [Goa, Daman and Diu (Currency and Coinage) Regulation, No. 6] on the demonetization of the Portuguese Indian currency; effective 15.05.1962