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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 rupee was worth one shilling and sixpence in sterling in 1947.
In India, Nepal, and Pakistan, the paisa currently equals 1 ⁄ 100 of a rupee. In Bangladesh , the poysha equals 1 ⁄ 100 of a Bangladeshi taka . In Oman , the baisa equals 1 ⁄ 1000 of an Omani rial .
This fixed exchange rate was maintained until 11 May 1972, in which the rupee was devalued to Rs.11/- per dollar. [31] Initially, the Indian and Pakistani rupees were at parity until sterling was devalued in 1949, in which India followed suit but Pakistan did not. This caused the Pakistani rupee to be valued at a 44% premium to the Indian rupee ...
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. [1] Crore is widely used both in official and other contexts in Afghanistan, Bangladesh, Bhutan, India, Myanmar, Nepal, and Pakistan.
While the two-paise coin was called a taka in West Pakistan, the word taka was commonly used in East Pakistan (now Bangladesh), alternatively for rupee. In the Bengali and Assamese languages, spoken in Assam, Tripura , and West Bengal, the rupee is known as a taka , and is written as such on Indian banknotes.
The Bangladesh Liberation War in 1971 resulted in the secession of East Pakistan as the People's Republic of Bangladesh. Pakistan (formerly West Pakistan) recognized Bangladesh in 1974. [4] Today, bilateral relations between Bangladesh and Pakistan are considered to be cordial. [citation needed]
In 1971, Canon introduced the Canon F-1, a high-end SLR camera, and the FD lens range. In 1976, Canon launched the Canon AE-1, the world's first camera with an embedded micro-computer. [8] Canon introduced their Inkjet printer using bubble-jet technology in 1985, one year after Hewlett-Packard.
[1] [2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [3] For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as ₹ 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan , Bangladesh , Bhutan , India , Myanmar , Nepal , Pakistan , and Sri Lanka .