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The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas .
The original silver rupee, .917 fine silver, 11.66 grams (179.9 grains; 0.375 troy ounces), [citation needed] was divided into 16 annas, 64 paise, or 192 pies. Each circulating coin of British India, until the rupee was decimalised, had a different name in practice. A paisa was equal to two dhelas, three pies, or six damaris.
Sher Shah introduced various reforms in terms of coinage, including the standardization of the rupee (rupiya, or silver) and dam (copper). In 1556, the Mughals regained control of Delhi and Akbar was crowned the new emperor. He adopted the standardizations that had been introduced, and they became a part of Mughal coinage henceforth. [3]
The 1939 rupee is the most expensive rupee, as after 1939 all silver coins effectively became less pure, due to the shortage of silver during World War II. The 1947 rupee, half rupee, quarter rupee and anna coins are also of special interest to collectors, since that was the last year British issued coins were circulated in India.
5 Rupees coin commemorating the birth centenary of Jawaharlal Nehru in 1989. Different commemorative coins of 5 Rupees 10 Rupees silver coin of India 1972 (25 years of India's independence) The first Indian commemorative coin was issued in 1964 in remembrance of Jawaharlal Nehru's birth anniversary. Since then, numerous coins from 5 paise (INR ...
10 Rupee Coin August 13, 1998 Silver Jubilee of Senate of Pakistan: Cupro Nickel, Copper 75%, Nickel 25% The coin shall be round, dimension of 27.50 mm (and weight of 8.25 grams). 100,000 [2] 9 10 Rupee Coin July 31, 2003 The Year 2003 as Madre-Millat Mohtrama Fatima Jinnah: Cupro Nickel, Copper 75%, Nickel 25%
The Indian Rupee (symbol: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (Hindi plural; singular: paisa). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested to it by the Reserve Bank of India Act, 1934.
One Rupee coin issued by Mir Mahbub Ali Khan, 1329 AH (1911 CE). Hyderabad - One Rupee Coin issued by Mir Osman Ali Khan - 1335 AH Silver(The Urdu letter "Ain" inside the Charminar represents 1st letter of the word "Osman" The banknotes of Hyderabad were issued from 1918 until 1953. The ruling Nizam of Hyderabad was Mir Osman Ali Khan. Notes ...