Pà «l (, ) was a historical currency that circulated in Russian Turkestan. Pà «ls were used in Golden Horde, Afghanistan, Bukhara, Chagatai Khanate, Kokand Khanate, Dzungar Khanate, and other Eurasian principalities, it was a copper coin of very small denomination, of an altyn. The mint of the khanate had a capacity to produce 1000 coins on a daily basis.
The exchange between copper, silver, and gold coinages as well as the purchasing power of Kokandi pà «ls often changed, Kokandi pà «ls generally weighed 1 mithqÃÂl (4.55 g), in the 1850s 6 pà «ls were needed for 1 Miri, and 24 pà «ls for a silver coin. Silver coins minted by Mingbashi Musulmonqul were valued at 24âÂÂ32 pà «ls, this the 1870s this fluctuated between 42 and 64 pà «ls with the highest exchange rate being at 100 pà «ls. Generally 3 Kokandi pà «ls were valued at 1 Russian silver kopek, and Kokandi pà «ls also circulated in the Khanate of Khiva, the Emirate of Bukhara, and the Chinese city of Kashgar.
In 1784 Tashkent became independent from the Kazakh Khanate, this was briefly followed by the concurrent rule of 4 ḥÃÂkims (circuit justice administrators), the ḥÃÂkim Shaykhantaur took control from the others and proclaimed himself as the only ruler of Tashkent. As the title of ḥÃÂkim was elected this period in Tashkent's history is sometimes referred to as the âÂÂRepublic of TashkentâÂÂ, during this era Tashkent issued its own copper pà «l (or Fulà «s), and silver tanga coins.
Pà «l coins produced in Tashkent generally had 2 sizes with the lower denomination pà «l being between in diameter, while those of higher value would be . The coins often contained the mint mark of Tashkent in Persian as âÂÂCoinage of Tashkentâ (), and had a Persian blessing inscribed on them reading âÂÂMay the future life be goodâ (). The obverse of Tashkent's pà «ls often would not bear any mint marks but various images like cats, birds, fish, or mythological creatures. These coins continued to be produced until Tashkent was annexed by the Khanate of Kokand in 1809.