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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.
There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver. [2] With the rupee having been valued to 1s 6d [3] and weighing 180 grains as a 916.66 fine silver coin, [4] the anna was equivalent to 9/8 d (one penny and half a farthing). Hence the 2 anna silver coins were of low weight (22.5 grains = 1.46 g).
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These can range in value from a few hundred dollars each to several thousand dollars and more. One of the highest prices paid came in 2018, when a 1958 Full Bell Line Franklin half dollar sold for ...
At the time of independence (in 1947), India's currency was pegged to pound sterling, and the exchange rate was a shilling and six pence for a rupee — which worked out to ₹13.33 to the pound. [23] The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around ₹3.30.
Low-mintage commemoratives were sometimes held back from sale by the distributor in anticipation of skyrocketing prices in those days, [3] and Grant ran an advertisement in the April 1936 issue of The Numismatist offering the coins for $7.50 per set of three by mint mark, or $2.75 individually. [23]
A joint resolution authorizing 20,000 commemorative half dollars for the 300th anniversary of Swedish settlement in Delaware was introduced into the United States Senate by Joseph F. Guffey of Pennsylvania on March 4, 1936. It was referred to the Committee on Banking and Currency.
The Long Island Tercentenary half dollar was a commemorative half dollar struck by the United States Bureau of the Mint in 1936. The obverse depicts a male Dutch settler and an Algonquian tribesman, and the reverse shows a Dutch sailing ship. It was designed by Howard Weinman, the son of Mercury dime designer Adolph A. Weinman.