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The Indian 2-rupee coin is a denomination of the Indian rupee. The 2 rupee coin was introduced in India in 1982. Until then, the Rs.2 was in circulation in banknotes. The old Rs.2 coin was minted with cupro-nickel metal. The new Rs.2 coin was minted in ferritic stainless steel.
A 20 paisa coin was minted in 1968. Neither of these coins gained much popularity. The 1, 2 and 3 paisa coins were phased out gradually in the 1970s. In 1982, a new 2 rupee coin was introduced experimentally to replace 2 rupee notes. The 2 rupee coin was not minted again till 1990, after which it was minted every following year.
Chart showing exchange rate of Indian silver rupee coin (blue) and the actual value of its silver content (red), against British pence. (From 1850 to 1900) (From 1850 to 1900) Historically, the rupee was a silver coin .
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 system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: New Paisa). On 1 June 1964 ...
The chart above indicates the approximate value of other denominations relative to the rupee but there was no fixed rate of exchange. [96] The dām and rupee coins were also used as weights. The 11.66 gram tola persisted as a unit of mass, eventually adopted as standard under British rule, and while replaced by metric units in 1956, is still in ...
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[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. Kishore Jhunjhunwalla and Rezwan Razack are avid collectors of Indian currency. [3] [4] The book traces the evolution of
The Indian 2-rupee note (₹2) was a denomination of Rupee introduced in 1943. It is the second smallest note ever printed in India . It was removed from circulation in 1995.