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Akce - Murad III

Issuer Ottoman Empire
Year 982 AH (1575 AD)
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Value Akce (1)
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Reverse script Arabic
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Mintage 982 (1575) - ٩٨٢
Additional information

Murad III ascended the throne in 982 AH following the death of Selim II, and the akçe struck in his accession year entered circulation at a moment when Ottoman silver coinage was already under pressure from an influx of Spanish-American silver flooding Mediterranean trade networks. The resulting currency instability would, within two decades, contribute to the Great Price Revolution that destabilized wages across the empire and triggered the Janissary revolts of the 1580s and 1590s.

By the end of Murad III's reign, the akçe had been debased repeatedly — the silver content falling well below what these earliest strikes carried.

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