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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 can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
The Indian rupee sign ₹ is the currency symbol for the Indian rupee (ISO 4217: INR), the official currency of India. Designed by D. Udaya Kumar , it was presented to the public by the Government of India on 15 July 2010, [ 1 ] following its selection through an open competition among Indian residents.
Unicode code points for rupee and related currency Script Symbol in Unicode Unicode version [a] General: U+20A8 ₨ RUPEE SIGN: 1.0 General: U+20B9 ₹ INDIAN RUPEE SIGN: 6.0 Tamil: U+0BF9 ௹ TAMIL RUPEE SIGN. [b] Compare ரூ rū, which is also used. [c] [d] 4.0 [4] Gujarati: U+0AF1 ૱ GUJARATI RUPEE SIGN
The Indian government introduced the Gulf rupee as a replacement for the Indian rupee for circulation outside the country with the Reserve Bank of India (Amendment) Act of 1 May 1959. [105] The creation of a separate currency was an attempt to reduce the strain on India's foreign reserves from gold smuggling.
In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [3] and is equal to 10 million. Formal written publications in English in India tend to use lakh/crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
Crore (/ k r ɔːr /; abbreviated cr) denotes the quantity ten million (10 7) and is equal to 100 lakh in the Indian numbering system.In many international contexts, the decimal quantity is formatted as 10,000,000, but when used in the context of the Indian numbering system, the quantity is usually formatted 1,00,00,000.
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 ...
Being the official script for Hindi, Devanagari is officially used in the Union Government of India as well as several Indian states where Hindi is an official language, Bihar, Chhattisgarh, Haryana, Himachal Pradesh, Jharkhand, Madhya Pradesh, Mizoram, Rajasthan, Uttar Pradesh and Uttarakhand, and the Indian union territories of Delhi, Andaman and Nicobar Islands and Dadra and Nagar Haveli ...