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Until the 1930s and the Turkish alphabet reform, the Arabic script was used on Turkish coins and banknotes, with پاره for para, قروش for kuruş and ليرا for lira (تورك ليراسي for 'Turkish lira'). In European languages, the kuruş was known as the piastre, whilst the lira was known as the livre in French and the pound in ...
The Venetian lira was one of the currencies in use in Italy and due to the economic power of the Venetian Republic a popular currency in the Eastern Mediterranean trade. During the 19th century, the Ottoman Empire and the Eyalet of Egypt adopted the lira as their national currency, equivalent to 100 piasters or kuruş. When the Ottoman Empire ...
This infobox shows the latest status before this currency was rendered obsolete. The lira ( Arabic : ليره , plural: lire , abbreviation: MAL), officially known as the Military Authority Lira , was the currency of the British zone of occupation (later Mandate Territory) in Libya between 1943 and 1951, and of the province of Tripolitania ...
When Libya was a part of the Ottoman Empire, the country used the Ottoman qirsh, issuing some coins locally until 1844. When Italy took over the country in 1911, the Italian lira was introduced. In 1943, Libya was split into French and British mandate territories.
Due to the Libyan people's effective resistance against Italy's so-called "pacification campaign", the Italian colonization of the Ottoman provinces of Tripolitania and Cyrenaica was initially unsuccessful and it was not until the early 1930s that the Kingdom of Italy took full control of the area. [10] This conflict, known as the Second Italo ...
The dirham was a unit of mass used across North Africa, the Middle East, Persia and Ifat; later known as Adal, with varying values. The value of Islamic dirham was 14 qirat. 10 dirham equals 7 mithqal (2.975 gm of silver). In the late Ottoman Empire (Ottoman Turkish: درهم), the standard dirham was 3.207 g; [1] 400 dirhem equal one oka.
It was no different in the 17th century. As the Ottoman Empire expanded, it started gaining control of important trade routes. The capture of Constantinople (1453) to the Ottoman Turks was a key event. Along with their victory, they now had significant control of the Silk Road, which European countries used to trade with Asia.
Libyan half pound, with the portrait of King Idris of Libya. When Libya was a part of the Ottoman Empire, the country used the Ottoman piastre, with Tripoli issuing some coins locally between 1808 and 1839. [19] Then in 1911, when Italy took over the country, the Italian lira was introduced.