Tunisian rial
Encyclopedia
The rial was the currency of Tunis
Tunis
Tunis is the capital of both the Tunisian Republic and the Tunis Governorate. It is Tunisia's largest city, with a population of 728,453 as of 2004; the greater metropolitan area holds some 2,412,500 inhabitants....

 until 1891. It was subdivided into 16 kharub (caroub), each of 13 fals (burbe). The fals was further subdivided into 6 qafsi (burben). The nasri (asper) was worth 2 fals. The denomination was often either not given on coins or only indicated by a numeral. Some rial denominated coins have a numeral over the Arabic letter r, ر.

History

The rial was issued by the Ottoman rulers of Tunis. Although known as the piastre by Europeans, it was not equal to the Turkish kuruş, also known as the piastre. From 1855, the rial was on a bimetallic standard of 1 rial = 0.17716 grams pure gold or 2.7873 grams pure silver. In 1887, the gold content of the 25 rial coin was slightly reduced to make it equivalent to 15 French franc
French franc
The franc was a currency of France. Along with the Spanish peseta, it was also a de facto currency used in Andorra . Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money...

s. In 1891, this conversion rate (more conveniently expressed as 1 rial = 60 centimes) was used when the Tunisian franc
Tunisian franc
The franc was the currency of Tunisia between 1891 and 1958. It was divided into 100 centimes and was equivalent to the French franc.-History:...

replaced the rial.

Coins

In the early 19th century, copper 1 fals coins were issued, together with billon 1 nasri, 1, 2, 4 and 8 kharub, 1 and 2 rial, and gold sultani. A new coinage was introduced in 1847, consisting of copper 1 fals, 1 nasri, ½ and 1 kharub and silver 2 and 5 rial denominations. Between 1856 and 1858, copper coins for 3, 6 and 13 nasri were issued along with silver 2, 4 and 8 kharub, 1, 3 and 4 rial, and gold 10, 20, 25, 40, 50, 80 and 100 rial. The gold coins were initially struck in pure gold, later reduced to .900 fineness, with the 20, 40 and 80 rial denominations short-lived. The 6 and 13 nasri coins were later overstamped with the Arabic numerals "1" and "2" ("١" and "٢") to indicate that they were to circulate as 1 and 2 kharub coins, an increase in value of ½ nasri for the 6 nasri coin. In 1864, a new copper coinage was introduced in denominations of ¼, ½, 1, 2, 4, 8 kharub. Silver 8 kharub and gold 5 rial were also introduced. In 1887, the slightly smaller 25 rial coins were introduced (see above), with the additional inscription "15 F" to indicate the equivalence to the French franc.
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