2 hoṇṇas = 1 Varāha (the hūn or pagoda)".
"The ganjā or unit (= ¼ fanam) is the rati, or Sanskrit raktika, the seed of the abrus."—Op. cit. p. 224, note. See also Sir W. Elliot's Coins of S. India, p. 56.
360 reis is the equivalent in the authorities, so far as I know.
Even the pound sterling, since it represented a pound of silver sterlings, has come down to one-third of that value; but if the value of silver goes on dwindling as it has done lately, our pound might yet justify its name again!
I have remarked elsewhere:
"Everybody seems to be tickled at the notion that the Scotch Pound or Livre was only 20 pence. Nobody finds it funny that the French or Italian Livre or Pound is only 20 halfpence or less!" I have not been able to trace how high the rei began, but the maravedi entered life as a gold piece, equivalent to the Saracen mithḳāl, and ended—?
I calculate all gold values in this paper at those of the present English coinage.