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The Indian rupee was a silver-based currency during much of ... The Act came into force with effect from 1 April 1957. [12] The rupee remained unchanged in value and ...
In 1957, the rupee was decimalised and divided into 100 naye paise ... Previously the Indian rupee was an official currency of other countries, including Aden, ...
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.
January 26 - Portuguese Indian troops open fire at TarakPardi in Bombay State for securing right of pass between enclaves of Dadra and Nagar Haveli. [1] April 1 - Second Nehru ministry adopts Decimalisation of Indian rupee and discontinue the concept of anna coin system. [2] April 5 – First elected government of Kerala.
The Indian One Paisa coin (Hindi: पैसा) is a former denomination of the Indian Rupee. The 1 coin equals 1 ⁄ 100 (one-hundredth) of the Indian Rupee. The symbol for paisa is (). In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957.
The Indian rupee was the official currency of Dubai and Qatar until 1959, ... Decimalisation occurred in India in 1957 and in Pakistan in 1961. Since 1957 an Indian ...
The basic unit of currency was the Indian rupee, which was itself divided into annas (16 annas to a rupee) and pice (the old spelling of paisa – 64 pice to a rupee). [9] The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued ...
The Indian paisa (plural: paise) is a 1 ⁄ 100 (one-hundredth) subdivision of the Indian rupee. The paisa was first introduced on 1 April 1957 after decimalisation of the Indian rupee. [1] In 1955, the Government of India first amended the Indian Coinage Act and adopted the "metric system for coinage".