Akbar's reign saw one of the most ambitious monetary overhauls in South Asian history. His finance minister Todar Mal restructured the entire imperial revenue system in the 1570s, and the coinage reforms ran parallel — establishing a tri-metallic system of gold mohurs, silver rupees, and copper dams with fixed ratios that brought a degree of fiscal coherence the subcontinent had rarely seen. The Ahmadabad mint, absorbed into Mughal administration after Akbar's Gujarat campaign of 1572–73, was productive almost immediately after conquest.
Akbar's reign saw one of the most ambitious monetary overhauls in South Asian history. His finance minister Todar Mal restructured the entire imperial revenue system in the 1570s, and the coinage reforms ran parallel — establishing a tri-metallic system of gold mohurs, silver rupees, and copper dams with fixed ratios that brought a degree of fiscal coherence the subcontinent had rarely seen. The Ahmadabad mint, absorbed into Mughal administration after Akbar's Gujarat campaign of 1572–73, was productive almost immediately after conquest.
The dam circulated at 40 to the rupee.