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The Nepalese rupee (Nepali: रुपैयाँ, Roman: Rupaiyām̐; symbol: रु.; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 paisa. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal.
The mohar was the currency of the Kingdom of Nepal from the second half of the 17th century until 1932. Silver and gold mohars were issued, each subdivided into 128 dams. Copper dams were also issued, together with copper paisa worth 4 copper dams. The values of the copper, silver and gold coinages relative to one another were not fixed until 1903.
The earliest coin minted in today's territory of Nepal was in Shakya Mahajanapada, along the India–Nepal border at around 500 BCE.Shakya coins were an example of a coin invented in the Indian subcontinent which continued to be used in Nepal alongside India for over 1500 years.
Nepal's origin remains a mystery despite written records dating back to the fifth century A.D. Classical Indian sources mention Nepal, and Nepali stories delve into mythology, religion, and culture rather than providing a clear historical account. [2] The derivation of the word Nepal is a subject of various theories:
The Revised Standard Reference Guide to Indian Paper Money is a 2012 book by Rezwan Razack and Kishore Jhunjhunwalla. [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.
Emblem of India: Value, hand showing thumb (an expression in the Bharata Natyam Dance) 2007: 2011 ₹ 1: 22 mm: 3.79 g: Ferritic stainless steel: Circular: Emblem of India: Value, new rupee sign, floral motif and year of minting: 2011: 2018 ₹ 2: 26 mm: 6 g: Cupro-Nickel: Eleven-sided: Emblem of India, Value: National integration: 1982: 2004 ...
The low values of 1 and 2 rupees, and the special values of 25 and 250 rupees were not issued any more. The legends found on the last issues of Gyanendra revert to Nepal sarkar [check spelling] (“Nepali Government”), thus omitting the reference to the king.
* Chapter 3- Nepal: The Economy (Vishwa S. Shukla) o Economic Setting, Nepal o Role of Government, Nepal + The Five-Year Plans Five-year plans of Nepal + Other Development Programs o Budgeting Process, Nepal + Regular and Development Budget + Taxation o Money and Banking, Nepal o Foreign Trade, Nepal o Balance of Payments, Nepal o Foreign Aid ...