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For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which is can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
In order to determine currency denominations, the Reserve Bank of India follows a variation of the Renard series, called the 1-2-5 series, in which a ‘decade’ or a 1:10 ratio is covered in 3 steps, such as 1, 2, 5, 10, 20, 50, 100, 200, 500, 1,000, etc. [7] The Reserve Bank of India described the 200-rupee notes as the missing link in the ...
Banknotes of denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹500 and ₹1000 of the Mahatma Gandhi Series. The Gandhi Series of banknotes are issued by the Reserve Bank of India (RBI) as the legal tender of Indian rupee.
20 rupees: 2019–present N/A 10 rupees: 2005–present N/A 5 rupees: 1992–present N/A 2 rupees: 1982–present Rupee: 1 rupee (divided into 100 new paise 1957–1964; divided into 100 paisa 1964–present). 1962–present Half rupee 50 paise: 1957–2016 Quarter rupee 25 paise: 1957-2002. Demonetized from 2011. N/A 20 paise: 1968-1994 ...
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The demonetisation of the 25-paise coin and all paise coins below it took place, and a new series of coins (50 paise – nicknamed athanni – one, two, five, and ten rupees with the new rupee sign) were put into circulation in 2011. In 2016 the 50 paise coin was last minted. Coins commonly in circulation are one, two, five, ten, and twenty rupees.
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