Search results
Results from the WOW.Com Content Network
Netherlands Indies silver Java rupee 1803. As the silver Indian rupee was a popular coin locally (reduced in value from 30 to 27 stuivers in 1735), a local version of it was issued in 1747, with Arabic text (reading 'Dirham [money] of the Dutch Company' and 'For the island Java the Great'), and only the date in Roman script, valued at 30 ...
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.
At the end of 1969, the Indian Rupee was trading at around 13 British pre-decimal pence (1s 1d), or Rs. 18 = £1. A decade later, by 1979, it was trading at around 6 British new pence (6p). Finally, by the end of 1989, the Indian Rupee had plunged to a then-all-time low of about four British pence (4p).
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.
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 ...
History of the rupee; I. Indian Currency Committee; Indian rupee; J. Jital coin This page was last edited on 1 April 2019, at 01:58 (UTC). ...
The Indian rupee was the dominant currency used along the East African coast during the second half of the 19th century where it had marginalized the American gold dollar and the Maria Theresa thaler. The German East Africa Company acquired rights to mint coinage in 1890 and issued rupies which were equivalent to the Indian and Zanzibar rupee ...
After the occupation began, the Japanese military government ruled that, as of 11 March 1942, the only valid currency in the region were military banknotes and existing colonial guilder. [4] Soon, however, they had begun replacing the pre-war currency at par. [5] They soon required that all extant Dutch currency be exchanged for the occupation ...