The Sri Lankan rupee is the official currency of Sri Lanka. The official currency symbol: ₨, රු, ரூ. In 1836, the Indian rupee was adopted as Ceylon’s official coin, and the country reverted to the Indian currency zone. Along with the rupee, pound-denominated treasury notes continued to circulate after 1836. Treasury notes were withdrawn in 1856, and the Bank of Ceylon was the first private bank to print banknotes on the island. In 1869, the Indian rupee was formally established as unlimited legal money. In the following years, the rupee was decimalized, and as a result, the rupee of 100 cents replaced British currency as Ceylon’s money of account and sole legal tender.
In 1872, the Government of Ceylon introduced the first coins in denominations of ¼¢, ½¢, 1¢ and 5¢ coins dated 1870, followed by the 10¢, 25¢, and 50¢ in 1892. A wholesale change in the currency occurred between 1940 and 1944, and a new coinage was adopted in 1963. The shapes and sizes of these coins were the same as the preceding series, but they were made of different materials. The denominations of 1¢, 2¢, 5¢, 10¢, 25¢, and 50¢ are not in circulation, and the minting of these denominations had been discontinued. In 2017, a new coin series was introduced in denominations of 25¢ and 50¢, ₨1, ₨2, ₨5, and ₨10.
The 50 Sri Lankan cents coin front design features the Emblem of Sri Lanka. The reverse of the coin presents the denomination, the issue date, and the country’s name. This coin is part of the 2005 – 2009 series, its rim is plain, and its color is bronze.
Text: 50 සත පනහ ஐம்பது சதம் FIFTY CENTS 2005