Zanguebar
On the Swahili coast, coin minting can be correlated to an increase in Indian Ocean trade. The earliest coins share many similarities to coins from Sindh. Some estimate that coins were minted on the Swahili coast as early as the mid 9th century until the end of the 15th century CE. The making of coins came comparatively late to this area with many other cultures starting to make coins several centuries earlier. There are archaeological records of foreign coins being used in the area but few coins of foreign origin have been excavated. Previously, it was believed that the coins from the Swahili coast were of Persian origin, but now it is recognized that these are in fact indigenous coins. The coins found on the coast only have inscriptions in Arabic, not Swahili. The coins from this region can be put into five categories: Shanga silver, Tanzanian silver, Kilwa copper, Kilwa gold and Zanzibar copper. Silver is not found locally on the Swahili coast, so the metal had to be imported.