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The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates. Data from 1971 to 1972–73 for the Deutsche Mark and the Japanese Yen are cross rates with the US Dollar. The Euro replaced the Deutsche Mark w.e.f. January 1, 1999.
The first banknotes issued in the New Series were the denominations of ₹ 500 and ₹ 2000, and are in circulation since 10 November 2016. While the ₹ 500 note is still being printed, the ₹ 2000 note was last issued date 2017. [1] [2] [3] The RBI announced on 18 August 2017 that it would soon issue a new ₹ 50 note. [4]
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The notes of this issue are very similar to those of the fourth issue; except the 'Star Mosque' was replaced on most notes by a new vignette and the colours of the notes are a little darker. There was no 500-taka note released in this issue, but a new denomination note of 20 taka was introduced on 20 August 1979, being the last note of this ...
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Its history is intertwined with the medieval Islamic history and culture of the Indian subcontinent. In modern times, the Bangladeshi taka is considered a legacy of the historical taka because Bengal was the stronghold of the currency. It was inscribed in numerous languages across different regions, including in Sanskrit, Arabic, Persian ...