Cryptocurrency Q&A Who used cowrie shells as money?

Who used cowrie shells as money?

EthereumEmpireGuard EthereumEmpireGuard Sat Nov 09 2024 | 6 answers 1349
I'm curious about the historical context of cowrie shells. Specifically, I want to know which cultures or societies utilized cowrie shells as a form of currency. Who used cowrie shells as money?

6 answers

BlockchainWizard BlockchainWizard Mon Nov 11 2024
During the early 19th century, Bengal imported cowries from the Maldives on an annual basis.

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TeaCeremony TeaCeremony Mon Nov 11 2024
Cowries, also known as kaudi, served as a medium of exchange in India from ancient times until approximately 1831.

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KpopHarmonySoul KpopHarmonySoul Mon Nov 11 2024
In the region of Bengal, cowries were exchanged at a specific rate of 2560 cowries to one rupee.

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Lucia Lucia Sun Nov 10 2024
The value of these imported cowries was estimated to be around 30,000 rupees.

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CloudlitWonder CloudlitWonder Sun Nov 10 2024
The cowries played a significant role in the economy of Bengal, facilitating trade and commerce.

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