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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.
Commonly used quantities include lakh (one hundred thousand) and crore (ten million) – written as 1,00,000 and 1,00,00,000 respectively in some locales. [1] For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which is can be ...
For example 150,000,000 (one hundred and fifty million) rupees is written as "fifteen crore rupees", "₹ 15 crore". [1] In the abbreviated form, usage such as "₹ 15 cr" is common. [3] Trillions (in the short scale) of money are often written or spoken of in terms of lakh crore. For example, one trillion rupees is equivalent to: ₹ 1 lakh ...
Their denominations were 1 ⁄ 12 anna, 1 ⁄ 2 pice, 1 ⁄ 4 and 1 ⁄ 2 anna (all in copper), 2 annas, 1 ⁄ 4, 1 ⁄ 2 and one rupee (silver), [59] and five and ten rupees and one mohur (gold). The gold denominations ceased production in 1891, and no 1 ⁄ 2 -anna coins were issued after 1877.
In the abbreviated form, usage such as "₹ 5L" or "₹ 5 lac" (for "5 lakh rupees") is common. [4] In this system of numeration, 100 lakh is called one crore [3] and is equal to 10 million. Formal written publications in English in India tend to use lakh/crore for Indian currency and Western numbering for foreign currencies, such as dollars ...
That would make $1,200 look like “One thousand, two hundred and 00/100.” The “00/100” is a smart security measure if your check is for a whole dollar amount. Examples of How To Write ...
A one hundred dollar bill can also be called a buck, or a "dollar", but since a buck is also used for one dollar, the context needs to be clear (this continues the pattern of referring to values by the coin counterpart). A "hoka" is used to express a large sum of money, usually between ten thousand and fifty thousand dollars.
The monetary system remained unchanged at One Rupee consisting of 64 pice, or 192 pies. The "Anna Series" was introduced on 15 August 1950. This was the first coinage of the Republic of India. The King's image was replaced by the Ashoka's Lion Capital. A corn sheaf replaced the tiger on the one rupee coin.