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- Published online July 8, 2025.
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© 2025 © 2025 by the Board of Regents of the University of Wisconsin System This is an Open Access article distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivs 4.0 International License (https://creativecommons.org/licenses/by-nc-nd/4.0/) permitting copying and distributing the material in any medium or format in unadapted form only, for noncommercial purposes only, provided the original work is properly cited.
Author Information
- Karin Pallaver
- Karin Pallaver (karin.pallaver{at}unibo.it) is Associate Professor at the Department of History and Cultures, University of Bologna, where she teaches Modern African History and Indian Ocean History. She has recently edited the volume Monetary Transitions. Currencies, Colonialism and African Societies (Palgrave 2022).
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- Article
- Abstract
- Introduction
- The Role of Precolonial States in Currency Adoption and Circulation
- Fungibility and Durability: The Materiality of Colonial Money
- The Limited Reach of the Colonial State
- Borderlands as Sites of Currency Multiplicity
- The Seasonality of Currency Circulation
- Conclusion
- Acknowledgments
- Footnotes
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- References
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