ڤيتس ڤلمبڠ | |
---|---|
Denominations | |
Superunit | |
250 | kupat |
500 | cucuk |
Demographics | |
Date of introduction | 1600s |
Date of withdrawal | 1825 |
User(s) | Palembang Sultanate |
The Palembang pitis (also spelled pitjis) was a currency issued by the Palembang Sultanate from the 1600s until 1825 when the sultanate was dissolved and its territory taken over by the colonial government of the Dutch East Indies.[1] The currency consisted of low denomination tin alloy coins which were mostly traded in bulk. Due to the lack of a centralized mint, the pitis often had inconsistent manufacture and were frequently counterfeited.