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Latest / Aurangzeb: The Emperor Who Expanded and Broke the Mughal Empire — Fexingo History

Aurangzeb's Deccan Coin War: The Economics of an Empire in Overdrive

In this episode, Lucas and Luna unpack a little-known front of Aurangzeb's Deccan obsession: the currency war. While the Mughal emperor poured men and treasure into the Deccan plateau, his mint masters in Aurangabad and Burhanpur struck millions of silver rupees—but the coins themselves tell a story of desperation. We trace how Aurangzeb's Deccan campaign created a monetary crisis, as the Mughal treasury tried to pay for a never-ending war with debased coinage, while Maratha leaders like Rajaram and later the Peshwas issued their own rival currencies. We explore the mechanics of…

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