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Reconsidering the Timurid Currency System

Juyeon Lee 1

1서울대학교 인문대학

Accredited

ABSTRACT

This article examines the Timurid currency system. Traditionally, the Islamic world has three different coins: Dinar made of gold, Dirham made of silver, and Fulus made of copper. These coins have had their own standard of weight, purity, and ratio from the early Umayyad Caliphate. However, since the 13th century, several kinds of denominations of coins, which formed an integral number of existing Dinars or Dirhams, appeared from all around the Islamic world. These denominations were not regal ones, which brought on confusion. Therefore, Il-khan Ghazan Khan invented big silver Dinars that became a simple integer ratio to small silver Dirhams. The Timurid dynasty inherited Ghazan khan’s reform and invented new big silver coins named Tanka, which was similar to the appearance of coins of the Delhi sultanate and formed integral numbers of Samarqand local Dirham (Miri) . Silver Tanka was distributed throughout the Timurid dynasty, but copper coins without a specific size was distributed in particular areas. The Timurid dynasty had several currency zones for the copper coins like Samarqand (Mawara an-nahr) , Iraq, and Herat (Khurasan) , and the copper coins were similar size but different appearance.

Citation status

* References for papers published after 2023 are currently being built.