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In 1958, the government applied a new exchange rate of रु1.505 = ₹1 for the purchase of plane tickets only. A hard peg of रु1.60 = ₹1 was instituted in 1960, which was revalued to रु1.0155 = ₹1 when the Indian rupee was sharply devalued on 6 June 1966. [2] The Indian rupee ceased to be legal tender in Nepal in 1966. [2]
Agrawal (Giriya), Shyam and Gyawali, Kamal Prasad: Notes and Coins of Nepal. Nepal Rastra Bank Golden Jubilee Year 2005/06, Kathmandu, 2006. Bertsch, Wolfgang (2009). "The Legends on the Banknotes of Nepal". International Banknote Society (IBNS) Journal. 48 (3): 39– 44. Jha, Hari Jaya: An Overview of Nepalese Paper Money.
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY).
The Indian system groups digits of a large decimal representation differently than the US and other English-speaking regions. The Indian system does group the first three digits to the left of the decimal point. But thereafter, groups by two digits to align with the naming of quantities at multiples of 100. [2]
Emblem of India: Value, hand showing thumb (an expression in the Bharata Natyam Dance) 2007: 2011 ₹ 1: 22 mm: 3.79 g: Ferritic stainless steel: Circular: Emblem of India: Value, new rupee sign, floral motif and year of minting: 2011: 2018 ₹ 2: 26 mm: 6 g: Cupro-Nickel: Eleven-sided: Emblem of India, Value: National integration: 1982: 2004 ...
The Revised Standard Reference Guide to Indian Paper Money is a 2012 book by Rezwan Razack and Kishore Jhunjhunwalla. [1] [2] The book is a comprehensive compilation of facts, milestones, and other details regarding paper money in India. It was published in India by Coins & Currencies.
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
Paisa (also transliterated as pice, pesa, poysha, poisha and baisa) is a monetary unit in several countries.The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the paisa currently equals 1 ⁄ 100 of a rupee.