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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.
In 1947, India gained its independence from the British Empire and as a result, the inscription "IND:IMP:" needed to be removed from the Obverse of the 1948 Silver Dollar. However, because there was a delay in new master dies being shipped from the UK to reflect this change, the Mint continued to produce 1947 year coins with a small Maple Leaf ...