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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.
The history of the Indian rupee traces back to ancient India around the 6th century BCE: ... the price of gold in India, ... For table standards, ...
Open the table of the exchange rates of the Indian rupee vis-à-vis other currencies in the handbook – use the table with the annual averages for the calendar year, not the financial year. Edit this template, and at the bottom of the table, update the values for the previous year.
This story was initially published on the Benzinga India Portal. The Indian rupee plummeted to a historic low on Thursday, driven by strong dollar demand from local importers and likely capital ...
The price of 16 Annas was 1 rupee in 1947. The demand for decimalization existed for over a century. Sri Lanka decimalised its rupee in 1869. The Indian Coinage Act was amended in September 1955 for the adoption of a decimal system for coinage.
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. [14] 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 ...
Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric
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.