मिस्र और लेबनान और सुदान और सीरिया में एक फ्रैक्शनल मौद्रिक इकाई

Noun:

पियानो को बजाने का यंत्र, पिएस्‍टर,

piastres's Usage Examples:

The heavy depreciation in silver causing large losses to the government, free coinage was suspended in 1880, and the nominal value of the mejidie was reduced by decree to 19 piastres (105.26 piastres thus = £T1), while in the same year the debased currencies were reduced, altilik, the 6-piastre piece to 5 piastres, the 3-piastre piece to 22 piastres, the 12-piastre piece to 14 piastre; beshlik, the 5-piastre piece to 22 piastres, the 22-piastre piece to 1;-piastre; metallik, the 1-piastre piece to 2 piastre, the 2-piastre piece to 4 piastre, the *-piastre piece to a piastre - these values representing approximately the intrinsic value of the silver, at mejidie standard, contained in the debased coins.

and Abd-ul-Mejid, and the second in the reign of Mahmud only, were not included in the reform; these were debased currencies bearing a nominal value, the altilik of 6, 3 and 12 piastres, the beshlik of 5 and 22 piastres, the metallik of 1, 2 and 4 piastres; they represented the last degree of an agelong monetary depreciation, the original piastre having had a value of about 5s.

The silver coinage consisted of the mejidie (weight 24.055 grammes, 0.830 fine), equivalent to 20 piastres, and its subdivisions 10, 5, 2, I, and 2 piastre pieces.

2d.) was equivalent to 100 piastres; the gold pieces struck were £T5, £T1, £T2 and £ T 4; the standard is 0.916* fine, and the weight 7.216 grammes.

The latter are bound to pay in to the local authorities all sums collected in five days in town districts, and in fifteen days in villages, if under 1500 piastres; sums of 1500 piastres and over are paid in at once.

It was transformed long since into a fixed amount per head of the animals taxed, which amount varies according to the region in which the tax is levied, the highest tariff being in the sanjak of Jerusalem (72 piastres) and the lowest in the Yemen (1 piastre).

These duties vary in different parts of the empire: in the vilayets of Constantinople, Bagdad and Adrianople, and in the sanjaks of Bigha and Tchataljatheday'sworkis calculated at 5 piastres (about 11d.); in the vilayets of Aleppo, Trebizond, Angora, lannina, Konia, Sivas and Kastamuni at 4 piastres (about 9d.); and in most other parts of the empire at 3 piastres (about 7d.).

In 1851 further attempts were made to withdraw the paper money from circulation, but these were interrupted by the Crimean War, and the government was, on the contrary, obliged to issue notes of 20 and io piastres.

The gold coins issued were 500, 250, 100, 50, and 25 piastres in value, the weight of the loo-piastre piece (Turkish pound), 7 .

Partial relief was sought in the continual issue of debased currency (beshlik, altilik and their subdivisions), of which the excess of nominal value over intrinsic value ranged between 33 and 97%, and finally paper money (kaime) which was first issued in 1839, bearing an interest of 8%, reduced in 1842 to 6%, such interest being paid on notes of 500 piastres, but not on notes of 20 or 10 piastres, which were issued simultaneously.

piastres's Meaning':

a fractional monetary unit in Egypt and Lebanon and Sudan and Syria

Synonyms:

subunit, piaster, fractional monetary unit, Sudanese pound, Egyptian pound, Lebanese pound, Syrian pound, pound,

Antonyms:

stand still, ride,