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| date_of_introduction_source =
| date_of_introduction_source =
| using_countries = {{flag|Gandhara}}
| using_countries = {{flag|Gandhara}}
| inflation_rate = 3.6% (2022)
| inflation_rate = 9.4% (December 2024)
| inflation_source_date =
| inflation_source_date = National Bank of Gandhara
| inflation_method =
| inflation_method = [[Wikipedia:Consumer price index|CPI]]
| subunit_ratio_1 = {{frac|100}}
| subunit_ratio_1 = {{frac|100}}
| subunit_name_1 = poisha
| subunit_name_1 = raqam
| subunit_inline_note_1 = poisha-denominated coins are not in circulation
| symbol = GM
| symbol = GM
| symbol_subunit_1 =
| symbol_subunit_1 =
Line 23: Line 22:
| plural_subunit_1 =
| plural_subunit_1 =
| used_coins = 1, 5, 10, 25, 100, 250, 500 mohars
| used_coins = 1, 5, 10, 25, 100, 250, 500 mohars
| used_banknotes = 1,000, 2,500, 5,000, 10,000, 25,000, 50,000 mohars
| used_banknotes = 1,000, 2,500, 5,000, 10,000, 25,000 mohars
}}
}}


The '''mohar''' ([[Wikipedia:Currency sign|sign]]: '''GM'''; [[Wikipedia:ISO 4217|code]]: '''GAM''') is the official [[Wikipedia:Currency|currency]] of [[Gandhara]]. It is nominally subdivided into 100 ''poisha'', although there are currently no poisha-denominated coins in circulation.
The '''mohar''' ([[Wikipedia:Currency sign|sign]]: '''GM'''; [[Wikipedia:ISO 4217|code]]: '''GAM''') is the official [[Wikipedia:Currency|currency]] of [[Gandhara]]. It is nominally subdivided into 100 ''raqamen'', although there are currently no raqam-denominated coins in circulation. The currency is managed by the [[National Bank of Gandhara]], the nation's [[Wikipedia:Central bank|central bank]].
 
==Etymology==
The [[Gandhari language|Gandhari]] word ''mohar'' derived from the [[Wikipedia:Persian language|Persian]] word ''muhr'', which means "seal" or "signet ring". The word is also [[Wikipedia:Cognate|cognate]] with the [[Wikipedia:Sanskrit|Sanskrit]] word ''mudrā'', which in turn comes from ''mudraṇam'', which also means "seal".
 
==Coinage==
Coins are issued in denominations of 1, 5, 10, 25, 100, 250, and 500 mohars.
 
{|class="wikitable" style="font-size:90%"
|+2005 series
|-
! rowspan="2"|Value
! colspan="4"|Technical parameters
! colspan="3"|Description
|-
! Diameter
! Mass
! colspan=2 | Composition
! Edge
! Obverse
! Reverse
|-
| 1 mohar
| 20 mm
| 3.25 g
| rowspan="3" style="background:#e0954f;width:0"| || rowspan="3"|[[Wikipedia:Copper|Copper]]-plated [[Wikipedia:Steel|steel]]
| rowspan="6"| Smooth
| rowspan="7"| [[Emblem of Gandhara]]
| rowspan="7"| Denomination and year of issue
|-
| 5 mohars
| 17.5 mm
| 2.84 g
|-
| 10 mohars
| 18.8 mm
| 3.06 g
|-
| 25 mohars
| 20.2 mm
| 3.7 g
| rowspan="3" style="background:#dcdcdc;width:0"| || rowspan="3"|[[Wikipedia:Stainless steel|Stainless steel]]
|-
| 100 mohars
| 22 mm
| 4.1 g
|-
| 250 mohars
| 23.25 mm
| 4.33 g
|-
| 500 mohars
| 24 mm
| 5.08 g
| style="background:#ffe550;width:0"| || [[Wikipedia:Brass|Brass]]
| Reeded
|}
 
==Banknotes==
Banknotes are issued in denominations of 1,000, 2,500, 5,000, 10,000, and 25,000 mohars. Since 2021 and 2022, the security features on the notes are improved. Each denomination depicts imagery related to the history and culture of Gandhara.
 
{|class="wikitable" style="font-size:90%"
|+2021–2022 series
|-
! rowspan="2"|Value
! rowspan="2"|Dimensions
! colspan="2" rowspan="2"|Main colour
! colspan="3"|Description
|-
! Obverse
! Reverse
! Watermark
|-
| 1,000 mohars
| 140 × 58 mm
| style="background:#FFC0CB;width:0"| || Pink
| [[Emblem of Gandhara]]
| Imam Square in [[Rhea]]
| Snow leopard and "1000"
|-
| 2,500 mohars
| 144 × 60 mm
| style="background:#80C0FF;width:0"| || Blue
| [[Mount Taysir]]
| Mountain scenery with eagles
| Snow leopard and "2500"
|-
| 5,000 mohars
| 148 × 62 mm
| style="background:#80C080;width:0"| || Green
| Building of the [[National Assembly of Gandhara|Mili Shura]]
| Agricultural workers
| Snow leopard and "5000"
|-
| 10,000 mohars
| 152 × 64 mm
| style="background:#FFC080;width:0"| || Orange
| Minaret of Jinan in [[Umayya Governorate|Umayya]]
| A caravan on the [[Wikipedia:Silk Road|Silk Road]]
| Snow leopard and "10000"
|-
| 25,000 mohars
| 156 × 66 mm
| style="background:#80E0FF;width:0"| || Cyan
| Mausoleum of [[Abdul Hadi]] in [[Kirman]]
| A ceramic bowl, a pomegranate, and women weaving a rug
| Snow leopard and "25000"
|}
 
==Exchange rates==
The mohar is a [[Wikipedia:Floating exchange rate|free-floating currency]], its [[Wikipedia:Relative value (economics)|relative value]] to other currencies is determined by [[Wikipedia:Supply and demand|supply and demand]] in the [[Wikipedia:Foreign exchange market|market]]. As of 6 July 2025, the [[Wikipedia:Exchange rate|exchange rate]] of the mohar was 393.6230 mohars to the [[Wikipedia:United States dollar|U.S. dollar]], 463.4616 mohars to the [[Wikipedia:Euro|euro]], and 0.4230 mohar to the [[Lettucian peso]].  


[[Category:Gandhara]]
[[Category:Gandhara]]
[[Category:Circulating currencies]]
[[Category:Circulating currencies]]
[[Category:Economy of Gandhara]]
[[Category:Economy of Gandhara]]

Latest revision as of 11:58, 9 July 2025

Gandhari mohar
ISO 4217
CodeGAM
Denominations
Subunit
  1⁄100raqam
SymbolGM
Banknotes1,000, 2,500, 5,000, 10,000, 25,000 mohars
Coins1, 5, 10, 25, 100, 250, 500 mohars
Demographics
User(s) Gandhara
Issuance
Central bankNational Bank of Gandhara
Valuation
Inflation9.4% (December 2024)
 SourceNational Bank of Gandhara
 MethodCPI

The mohar (sign: GM; code: GAM) is the official currency of Gandhara. It is nominally subdivided into 100 raqamen, although there are currently no raqam-denominated coins in circulation. The currency is managed by the National Bank of Gandhara, the nation's central bank.

Etymology

The Gandhari word mohar derived from the Persian word muhr, which means "seal" or "signet ring". The word is also cognate with the Sanskrit word mudrā, which in turn comes from mudraṇam, which also means "seal".

Coinage

Coins are issued in denominations of 1, 5, 10, 25, 100, 250, and 500 mohars.

2005 series
Value Technical parameters Description
Diameter Mass Composition Edge Obverse Reverse
1 mohar 20 mm 3.25 g Copper-plated steel Smooth Emblem of Gandhara Denomination and year of issue
5 mohars 17.5 mm 2.84 g
10 mohars 18.8 mm 3.06 g
25 mohars 20.2 mm 3.7 g Stainless steel
100 mohars 22 mm 4.1 g
250 mohars 23.25 mm 4.33 g
500 mohars 24 mm 5.08 g Brass Reeded

Banknotes

Banknotes are issued in denominations of 1,000, 2,500, 5,000, 10,000, and 25,000 mohars. Since 2021 and 2022, the security features on the notes are improved. Each denomination depicts imagery related to the history and culture of Gandhara.

2021–2022 series
Value Dimensions Main colour Description
Obverse Reverse Watermark
1,000 mohars 140 × 58 mm Pink Emblem of Gandhara Imam Square in Rhea Snow leopard and "1000"
2,500 mohars 144 × 60 mm Blue Mount Taysir Mountain scenery with eagles Snow leopard and "2500"
5,000 mohars 148 × 62 mm Green Building of the Mili Shura Agricultural workers Snow leopard and "5000"
10,000 mohars 152 × 64 mm Orange Minaret of Jinan in Umayya A caravan on the Silk Road Snow leopard and "10000"
25,000 mohars 156 × 66 mm Cyan Mausoleum of Abdul Hadi in Kirman A ceramic bowl, a pomegranate, and women weaving a rug Snow leopard and "25000"

Exchange rates

The mohar is a free-floating currency, its relative value to other currencies is determined by supply and demand in the market. As of 6 July 2025, the exchange rate of the mohar was 393.6230 mohars to the U.S. dollar, 463.4616 mohars to the euro, and 0.4230 mohar to the Lettucian peso.

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