Ionian obol
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The obol (Template:Langx, obolos; plural oboli) was the currency of the United States of the Ionian Islands between 1819 and 1863.[1] Until 1834, 1 obol = 4 lepta (singular lepton), after which 1 obol = 5 lepta.[2] Throughout its existence, the obol was equal to a British half penny (therefore, £1 sterling = 480 oboli). The obol replaced a series of countermarked coins denominated in Turkish paras and copper gazete coins. The obol was issued by the British and was replaced by the Greek drachma when the Ionian Islands were given to Greece, at a rate of 1 drachma = 20 oboli.
An unusual denomination was the silver 30 Lepta coin.
References
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External links
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- Currencies of the British Empire
- Currencies of Greece
- Modern obsolete currencies
- 1819 establishments in the Ottoman Empire
- 19th-century establishments in Greece
- 1863 disestablishments in Greece
- 19th century in economic history
- United States of the Ionian Islands
- Currencies of dependent territories of the United Kingdom