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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.
The Pakistani rupee (ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan . It was officially adopted by the Government of Pakistan in 1949.
Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo Montenegro Kiribati Nauru Tuvalu; Currency board (11) Djibouti Hong Kong ; ECCU Antigua and Barbuda Dominica
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 ...
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
The free laptop distribution scheme (मुफ्त लैपटॉप वितरण योजना) is an initiative of the Government of Uttar Pradesh headed by Akhilesh Singh Yadav of Samajwadi Party to provide ₹ 100,000 (US$1,200) for laptops and computer tablets to the students in the state who pass the high school and intermediate examinations to encourage them for higher studies. [1]
The estimated value of India's electronics exports in FY13 was $7.66 billion, down slightly from $8.15 billion in FY12; however, due to the depreciation of the rupee, they increased in INR terms during the same time, rising from ₹44,000 crore to ₹46,300 crore. India's electronics exports were dominated in 2013–14 by the telecom sector ...