Muhammad bin Tughluq is known as a ‘Man of Ideas’ and can be said to be one of the most striking sultans of medieval India. Token Currency System was introduced by him in India. Muhammad bin Tughluq is known for his active interest in conducting experiment with the coinage. The gold coin was introduced as Dinar. Tughluq’s silver coin was named Adl. However, it was difficult to maintain the supply of gold and silver coins on a large scale. So,Tughluq replaced those coins and started the circulation of copper and brass coins as the token currency, which had the same value as gold or silver coins in 1330-1332 CE.