Search results
Results from the WOW.Com Content Network
The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to their low value.
The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas. Each anna was subdivided into 4 pices. So one rupee ...
The Mughals adopted and standardised the rupee (rupiya, or silver) and dam (copper) currencies introduced by Sur Emperor Sher Shah Suri during his brief rule. [92] [93] The Mughals minted coins with high purity, never dropping below 96%, and without debasement until the 1720s. [94] A major sector of the Mughal economy was agriculture. [91]
In 1893 the Indian rupee of 10.69 g fine silver was fixed at 16 British pence (or £1 = 15 rupees; gold–silver ratio 21.9), with legacy silver rupees remaining legal tender. In 1906 the Straits dollar of 24.26 g silver was fixed at 28 pence (or £1 = 8 4 ⁄ 7 dollars; ratio 28.4).
Following the rise in the price of silver during the California Gold Rush and the disappearance of circulating silver coins, the Coinage Act of 1853 reduced the standard for silver coins less than $1 from 412.5 grains to 384 grains (24.9 g), 90% silver per 100 cents (slightly revised to 25.0 g, 90% silver in 1873).
India, officially the Republic of India, [j] [20] is a country in South Asia.It is the seventh-largest country by area; the most populous country from June 2023 onwards; [21] [22] and since its independence in 1947, the world's most populous democracy.
With the exception of specimens in nature reserves, wolves in Belarus are largely unprotected. They are designated a game species, and bounties ranging between 60 and 70 Euros are paid to hunters for each wolf killed. This is a considerable sum in a country where the average monthly wage is 230 Euros. [60]