The Malwa Sultanate, covering a landlocked area in central India, enjoyed a period of independence during which it created and used its own coins.
The Malwa Sultanate issued a somewhat sophisticated system of coinage over its 150-year existence. First breaking off from the Delhi Sultanate, and later ruled by the Khilji Sultanate, Malwa minted coins that echoed the coins of those areas: both silver and copper coins are often seen for sale today. Somewhat unusually for the time, many Malwa Sultanate coins are square, while others are round.
Like other coins of the Islamic sultanates, Malwa coins feature no busts or other pictorial representations; they are designed purely with script.
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