Ashrafi

/æʃˈrɑːfi/ noun

Definition

A gold coin formerly used in India and Persia, named after ashraf or coins bearing noble inscriptions.

Etymology

From Persian/Arabic ashrāfī, derived from ashraf. These coins were minted from the 14th century onward and named either for their noble design or connection to distinguished rulers.

Kelly Says

Ashrafis were so valued across trade routes that they became the preferred currency for major transactions in the Indian Ocean trade network—they were essentially the ancient world's 'hard currency'!

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