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Successive currency reforms by debasing the Ottoman currency had reduced the value of the Ottoman piastre by the late 19th century so as to be worth about two pence (2d) sterling. Hence the name piastre referred to two distinct kinds of coins in two distinct parts of the world, both of which had descended from the Spanish pieces of eight.
The currency of French Indochina was divided into the piastre, cent / centime, and sapèque units. One piastre equals 100 cents and one cent equals between 2 and 6 sapèques depending on the dynasty and reign era. [1] According to that ratio, a French Indochinese piastre coin is worth from 200 to 600 traditional Vietnamese cash coins. [1]
The piastre was based on the Turkish kuruş, introduced while Egypt was part of the Ottoman Empire. As in Turkey, debasement lead to the piastre falling significantly in value. In 1834, the pound, or gineih (Arabic), was introduced as the chief unit of currency, worth 100 piastre. The piastre continues in use to the present day as a subdivision ...
This unit was chosen on the basis of the gold content in the British gold sovereign and maintaining the exchange value of 97.5 piastres to the pound sterling, and it replaced the Egyptian piastre (qersh) as the chief unit of currency. This reform resulted in the Maria Theresa thaler being adjusted to 21 piastres, with 20 piastres now being ...
The rial (French: rial sebili) or piastre was the currency of Tunisia until 1891. It was subdivided into 16 kharub (caroub), each of 13 fals (burbe). The fals was further subdivided into 6 qafsi (burben). The nasri (asper) was worth 2 fals. The denomination was often either not given on coins or only indicated by a numeral.
In European languages, the kuruş was known as the piastre, whilst the lira was known as the livre in French and the pound in English. [3] English-language publications used "£T" as the sign for the currency, [4] [5] but it is unknown whether it was ever used natively.
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Following the adoption of the unified currency for the two Sicilies, copper coins were issued in 1835 and 1836 bearing the name "Siciliana", in denominations of ½, 1, 2, 5 and 10 grana. It is unclear whether these coins were denominated in Two Sicilies grana or the old Sicilian grano (worth half as much).