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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.
It consisted of copper 1 ⁄ 12, 1 ⁄ 4 and 1 ⁄ 2 anna, silver 1 ⁄ 4, 1 ⁄ 3 and 1 rupee and gold 1 and 2 mohurs. In 1841, silver 2 annas were added, followed by copper 1 ⁄ 2 pice in 1853. The coinage of the EIC continued to be issued until 1862, even after the company had been taken over by the Crown .
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 ...
An anna (or ānna) was a currency unit formerly used in British India, equal to 1 ⁄ 16 of a rupee. [1] It was subdivided into four pices or twelve pies (thus there were 192 pies in a rupee). When the rupee was decimalised and subdivided into 100 (new) paise, one anna was therefore equivalent to 6.25 paise.
A Bhopal State postage stamp worth 1 anna and three pies. A pie (abbreviated as Ps) was a unit of currency in India, Burma and Pakistan until 1947. It was the smallest currency unit, equal to 1 ⁄ 3 of a pice, 1 ⁄ 12 of an anna or 1 ⁄ 192 of a rupee. During the mid-nineteenth century, one pie was worth 12 cowry. [1]
Ancient India had some of the earliest coins in the world, [4] along with the Chinese wen and Lydian staters. The rupee coin has been used since then, even during British India, when it contained 11.66 g (1 tola) of 91.7% silver with an ASW of 0.3437 of a troy ounce [21] (that is, silver worth about US$10 at modern prices). [22]
There were different systems in Bengal, the Presidency of Madras, and Bombay. The following nomenclature was prevalent in North India until the metric system was established: 4 Chāwal (grain of rice) = 1 Dhan (weight of one wheat berry) 4 Dhan = 1 Ratti (seed of the 'Abrus precatorius' plant, called 'Surkh' by Abul Fazl in Ain-i-Akbari.).
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