Nepalese mohar

Nepalese silver mohar in the name of King Bhupatindra Malla (ruled 1696-1722) of Bhadgaon (Bhaktapur), dated Nepal Era 816 ( = AD 1696), obverse. Silver mohars of this type were also exported to Tibet where they circulated along with other Malla mohars.

The mohar was the currency of the Kingdom of Nepal from the second half of the 17th century until 1932. Silver and gold mohars were issued, each subdivided into 128 dams. Copper dams were also issued, together with copper paisa worth 4 copper dams. The values of the copper, silver and gold coinages relative to one another were not fixed until 1903. In that year, the silver mohar became the standard currency, divided into 50 paisa. It was replaced in 1932 by the rupee, also called the mohru (Moru), at a rate of 2 mohars = 1 rupee.

Coins

In the reign of Girvan Yuddha (1799–1816), copper coins were issued for 1 and 2 dam and 2 paisa, with silver coins for 1 dam, 132, 116, 18, 14, 12, 34, 1, 1+12 and 3 mohar and gold coins for 1 dam, 132, 116, 18, 14, 12, 1, 1+12 and 2 mohar.

In the reign of the next king (Rajendra, 1816–1847), no copper coins were issued, with silver 34, 1+12 and 3 mohar discontinued and 2 mohar introduced. Gold 1+12 mohar were also discontinued.

Surendra (1847–1881) introduced a new copper coinage in 1866, consisting of 1 dam, 1 and 2 paisa, with 12 paisa issued from 1880. The silver coinage consisted of the same denominations as his predecessor, with the gold coinage similar except for the absence of the 2 mohar. The coinage of Prithvi (1881–1911) was very similar to that of Surendra, except for the issue of silver 4 mohar and gold 164 mohar.

The copper coinage of Tribhuvan consisted of 1 paisa, with 2 and 5 paisa added in 1919. Silver coins were issued for 1 dam, 14, 12, 1, 2 and 4 mohar, with gold 1 dam, 132, 116, 18 and 1 mohar. The gold coinage continued to be issued after the introduction of the rupee until 1950.

See also

Bibliography

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  • Rhodes, N[icholas] G[ervase], Gabrisch, Karl and Valdettaro Pontecorvo de la Rocchetta, Carlo: The Coinage of Nepal from the earliest times until 1911. Royal Numismatic Society, Special Publication No. 21, London, 1989 (249 pp and 51 plates).
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  • Shrestha, Ramesh: Nepalese Coins and Bank Notes (1911 to 1955 CE). Published by Kazi Madhusudan Raj Bhandary, Kathmandu, 2007. ISBN 978-9937200349.
  • Walsh, E.H.: The Coinage of Nepal with a Scholarly Introduction by Dr. T.P.Verma. Reprinted by Indological Book House, Delhi and Varanasi, 1973 (Originally published in JRAS in 1908). (91 pp. and 7 plates).