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  2. Gulf rupee - Wikipedia

    en.wikipedia.org/wiki/Gulf_rupee

    The Indian rupee was pegged to the British pound at a rate of 13 1 ⁄ 3 Indian rupees = 1 pound. The Government of India had complained of gold traffickers in the Gulf region whose base of operations was constantly being broadened, especially in Kuwait, Bahrain and Dubai.

  3. Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Indian_rupee

    UAE dirham: AED: د. ... Graph of exchange rates of Indian rupee (INR) per USD 1, GBP 1, EUR 1, JPY 100 averaged over the month, from September 1998 to May 2013.

  4. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    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.

  5. Dollar dumped? India buys 1M barrels of UAE oil using rupees ...

    www.aol.com/finance/dollar-being-dethroned-india...

    This monumental transaction follows the sale of 25kg of gold from a UAE gold exporter to a buyer in India for around 128.4 million rupees ($1.54 million), according to Reuters.

  6. United Arab Emirates dirham - Wikipedia

    en.wikipedia.org/wiki/United_Arab_Emirates_dirham

    Before 1966, all the emirates that now form the UAE used the Gulf rupee, which was pegged at parity to the Indian rupee. On 6 June 1966, India decided to devalue the Gulf rupee against the Indian rupee. Not accepting the devaluation, several of the states still using the Gulf rupee adopted their own or other currencies.

  7. British currency in the Middle East - Wikipedia

    en.wikipedia.org/wiki/British_currency_in_the...

    In 1966, India devalued the rupee, prompting Qatar, Dubai, and all the Trucial States with the exception of Abu Dhabi, to introduce a new riyal unit at par with the pre-devaluation rupee. Abu Dhabi instead chose to adopt the Bahraini dinar, and in 1973 it changed to the United Arab Emirates dirham in line with the rest of the sheikdoms in the UAE.

  8. Revenue stamps of the United Arab Emirates - Wikipedia

    en.wikipedia.org/wiki/Revenue_stamps_of_the...

    However, following India's independence they were administered by Britain, using Indian currency. The first revenue issue was in 1948, and it consisted of British King George V or King George VI keytypes appropriated COURT FEE and the value in annas or rupees at the bottom. Similar issues with values in naye paise or later paise were printed ...

  9. Rupee - Wikipedia

    en.wikipedia.org/wiki/Rupee

    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 ...