query: when was 5 rupee coin introduced in india

pos: Coins of the Indian rupee till 1990, after which it was minted every following year. Stainless steel coinage of 10, 25 and 50 paisa was introduced in 1988. In 1992, a new stainless steel rupee coin, smaller and lighter than the older rupee, was minted, alongside a 5 rupee Cupronickel coin. In 2005, the 10 rupee coin was minted for the first time. Higher denomination coins were introduced due to an increasing demand for change and the increasing cost of printing 2, 5 and 10 rupee banknotes. On 30 June 2011, all coins in denominations of 25 paisa and below were officially demonetised. Commemorative coins

pos: One rupee (Indian coin) One rupee (Indian coin) One rupee coin is an Indian coin worth one Indian rupee and is made up of hundred paisas. Currently, one rupee coin is the smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel. Round in shape, the one rupee coins weighs , has a diameter of and thickness of . In independent India, one rupee coins was first minted in 1950 and is currently in circulation. Sher Shah Suri, the founder of Sur Empire ruled North India from 1540 to 1545 AD. During his reign, Suri issued pure silver

pos: Bi-metallic coin size of the penny and halfpenny until decimalization. In recent times, the first circulating bi-metallic coin was the Italian 500 lire, first issued in 1982. Morocco, with its 5-dirhams coin in 1987; France, with a 10-francs coin in 1992; Monaco, with a 10 francs; Thailand, with a 10 baht, in 1988; and Hong Kong, with a $10 coin, in 1993, Hungary, with a 100-forint coin in 1996, and Brazil with the 1 real coin issued bi-metallic coins for circulation all based on the minting process of the Italian 500 lire coin. India introduced 10-rupee bi-metallic coins in 2009 that are

pos: History of the rupee denomination coins which were made of bronze, nickel-brass, cupro-nickel, and aluminium-bronze were gradually minted in Aluminium. This change commenced with the introduction of the new hexagonal 3 paise coin. A twenty paise coin was introduced in 1968 but did not gain much popularity. Over a period, cost-benefit considerations led to the gradual discontinuance of 1, 2 and 3 paise coins in the 1970s. Stainless steel coinage of 10, 25 and 50 paise, was introduced in 1988 and of one rupee in 1992. The very considerable costs of managing note issues of 1, 2, and 5 led to the gradual coinisation

pos: Indian rupee "athanni"; 50 naye paise equalled 8 old annas) and 1-rupee coins were nickel. In 1964, the word "naya(e)" was removed from all coins. Between 1957 and 1967, aluminium one-, two-, three-, five- and ten-paise coins were introduced. In 1968 nickel-brass 20-paise coins were introduced, and replaced by aluminium coins in 1982. Between 1972 and 1975, cupro-nickel replaced nickel in the 25- and 50-paise and the 1-rupee coins; in 1982, cupro-nickel two-rupee coins were introduced. In 1988 stainless steel 10-, 25- and 50-paise coins were introduced, followed by 1- and 5-rupee coins in 1992. Five-rupee coins, made from brass, are being

pos: Coins of the Indian rupee discontinued but continued to be the legal tender. In Series IV, 5 paisa and 20 paisa coins were discontinued though they continued to be minted in Series III till 1994 and 1997 respectively. 10 paisa, 25 paisa and 50 paisa coins were minted in Stainless Steel. 1992 onwards, 1 Re coin was also minted in Steel and Rs. 2 and Rs. 5 coins in Copper Nickel were introduced. The very considerable costs of managing note issues of Re 1, Rs 2, and Rs 5 led to the gradual coinage of these denominations. These coins continued to be minted till 2004,

neg: 5 paise (Indian coin) 5 paise (Indian coin) The Indian five paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: Pakistani rupee in 2013, leaving the 1 Rupee coin as the minimum legal tender. On 15 October 2015, the Pakistani government introduced a revised 5 rupee coin with a reduced size and weight and having a golden color, made from a composition of copper-nickel-zinc, and also in 2016 a Rs.10 coin was introduced into circulation. On 1 April 1948, provisional notes were issued by the Reserve Bank of India and the Government of India on behalf of the Government of Pakistan, for use exclusively within Pakistan, without the possibility of redemption in India. Printed by the India Security Press in Nasik, these

neg: 5 naye paise (Indian coin) 5 naye paise (Indian coin) The Indian five naye paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964

neg: Indian 10-rupee note Indian 10-rupee note The Indian 10-rupee banknote (10) is a common denomination of the Indian rupee. The 10 note was one of the first notes introduced by the Reserve Bank of India as a part of the Mahatma Gandhi Series in 1996, which is presently in circulation, this is used alongside with 10 rupee coin. The 10-rupee banknote has been issued and had been in circulation since colonial times, and in continuous production since Reserve Bank of India took over the functions of the controller of currency in India in 1923. On 5 January 2018, the Reserve Bank of India

neg: One rupee (Indian coin) any one rupee coin since his reign (Jan-Dec 1936 AD) was short. Due to World War I and II, there was a shortage of silver. As a result of the shortage, 0.917 silver one rupee coins were replaced by Quaternary silver alloy (0.500) in 1940. In 1947, the silver one rupee coin was replaced by nickel coins. On 15 August 1947, India got independence and the monetary system and coinage of the British Raj were retained. It was not until 15 August 1950 that India introduced new coins. Introduction of new coins (including one rupee coin) was done in following

neg: 3 paise (Indian coin) 3 paise (Indian coin) The Indian Three paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: 2 paise (Indian coin) 2 paise (Indian coin) The Indian Two paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin

neg: Coins of the Indian rupee 3, 5, 10, 20, 25, 50 (naya) paisa and one rupee. Since rupees retained their pre-decimal value, pre-decimal coins of one, half and quarter rupees remained in circulation after decimalisation. The word "naya" was dropped in 1964 and a new denomination, the 3 paisa, was introduced into circulation. A 20 paisa coin was minted in 1968. Neither of these coins gained much popularity. The 1, 2 and 3 paisa coins were phased out gradually in the 1970s. In 1982, a new 2 rupee coin was introduced experimentally to replace 2 rupee notes. The 2 rupee coin was not minted again

neg: One rupee (Indian coin) to introduce Pound sterling in India. Due to popularity of Rupiya, the Pound sterling could not be introduced in India. It was only in 1717 AD that the English obtained permission from the Mughal emperor Farrukhsiyar to coin Mughal money. In 1835 AD, the "Coinage Act of 1835" for uniform coinage came into force. Composed of 0.917 silver, the new one rupee coins weighed and had a diameter of . Reverse of all one rupee coins minted after 1835 and before 1862 AD bore "East India Company" instead of country name. One rupee coins had bust of King William IIII

neg: Mauritian rupee Mauritian rupee The rupee (sign: ₨; ISO 4217 code: "MUR"; pronunciation: [ʁupi]) is the currency of Mauritius. One rupee is subdivided into 100 "cents". Several other currencies are also called rupee. In 1877, coins for 1, 2, 5, 10 and 20 cents were introduced, with the lower three denominations in copper and the higher two in silver. Coin production ceased in 1899 and did not recommence until 1911, with silver coins not produced again until 1934, when ¼, ½ and 1 rupee coins were introduced. In 1947, cupro-nickel 10 cents were introduced, with cupro-nickel replacing silver in 1950.1000 In 1971

neg: Mauritian rupee and 5 cents (the 5 cents was substantially reduced in size), nickel-plated-steel 20 cents and ½ rupee, and cupro-nickel 1 and 5 rupees. Cupro-nickel 10 rupees were introduced in 1997. Coins currently in circulation are the 5 cents, 20 cents, ½ rupee, 1, 5, 10 and 20 rupees. Coins below 1 Rupee in value are generally regarded as "supermarket" small-change. The 1 cent coin has not been seen in circulation for many years, and the last series of 1 cent coins issued in 1987 are only seen as collectors' items. In 2007, a bi-metallic 20-rupee coin was issued to commemorate

neg: 5 paise (Indian coin) paise coins were minted from Cupronickel, Aluminium and Aluminium-magnesium in medallic alignment. The coins were rhombus shaped and had smooth edge. 5 paise (Indian coin) The Indian five paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage

neg: 2 naye paise (Indian coin) 2 naye paise (Indian coin) The Indian Two naye paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964

neg: Indian rupee of the Brihadeeswarar Temple, respectively. In 2012 a 60 coin was also issued to commemorate 60 years of the Government of India Mint, Kolkata. 100 coin was also released commemorating the 100th anniversary of Mahatma Gandhi's return to India. Commemorative coins of 125 were released on 4 September 2015 and 6 December 2015 to honour the 125th anniversary of the births of Sarvepalli Radhakrishnan and B. R. Ambedkar, respectively. In 1861, the government of India introduced its first paper money: 10 note in 1864, 5 note in 1872, 10,000 note in 1899, 100 note in 1900, 50 note in 1905,

neg: Indian anna Indian anna An anna (or ānā) was a currency unit formerly used in India and Pakistan, equal to of a rupee. It was subdivided into four paisa or twelve pies (thus there were 64 paise or 192 pies in a rupee). The anna is very light-weighted. The term belonged to the Islamic monetary system. The anna was demonetised as a currency unit when India decimalised its currency in 1957, followed by Pakistan in 1961. It was replaced by the 5-paise coin, which was itself discontinued in 1994 and demonetised in 2011. Despite this, a 50-paise coin is still sometimes colloquially

neg: Sri Lankan rupee had the same shapes and sizes of the previous series but were composed of different materials. In 1976, commemorative seven-sided 2 rupee and ten-sided 5 rupee coins were introduced in limited numbers. In 1978, devaluation prompted aluminum to be the replacement of nickel-brass in the 5 and 10 cents, while shortly after 1 and 2 cents were discontinued. Cupro-nickel 2 rupees and aluminium-bronze 5 rupees coins were introduced in 1984 fully replacing the corresponding banknotes. In 1987, commemorative 10 rupees were released which like the 5 cent coin was square with round edges. In 1998 a bimetallic commemorative 10 rupee

neg: Indian 10-rupee coin of sending SMS text messages about the 10 coins with 10 and 15 radiating lines. Both are valid. Indian 10-rupee coin The Indian 10-rupee coin (10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2011 design. However, the previous ₹10 coins minted before 2011 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs,

neg: Indian 10-rupee coin Indian 10-rupee coin The Indian 10-rupee coin (10) is a denomination of the Indian rupee. The ₹10 coin is the highest-denomination coin minted in India since its introduction in 2005. The present ₹10 coin in circulation is from the 2011 design. However, the previous ₹10 coins minted before 2011 are also legal tender in India. All ₹10 coins containing with and without the rupee currency sign are legal tender, as stated by the Reserve Bank of India. Along with the standard designs, there are 21 different designs for this denomination and are minted as circulating commemorative coins, this is used

neg: 1 naya paisa (Indian coin) 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: "New Paisa"). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Naya paisa coins were issued

neg: 1 paisa (Indian coin) rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was called "Naya Paisa" (English: "New Paisa"). On 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". One paisa coins were issued as a

neg: Rupee his brief rule between 1540 and 1545. Suri also introduced copper coins called "dam" and gold coins called "mohur" that weighed 169 grains (10.95 g). The Indian rupee was re-introduced in Medieval times, issued and termed as "rupiya", the silver coin, by Sher Shah Suri (1540–1545), continued by the Mughal rulers. The history of the rupee traces back to Ancient India circa 3rd century BC. Ancient India was one of the earliest issuers of coins in the world, along with the Lydian staters, several other Middle Eastern coinages and the Chinese wen. The term is from "rūpya", a Sanskrit term

neg: Mauritian rupee 1000 rupees note. 25, 50, 500 rupee notes Revised security features and the change of material from paper to polymer. Mauritian rupee The rupee (sign: ₨; ISO 4217 code: "MUR"; pronunciation: [ʁupi]) is the currency of Mauritius. One rupee is subdivided into 100 "cents". Several other currencies are also called rupee. In 1877, coins for 1, 2, 5, 10 and 20 cents were introduced, with the lower three denominations in copper and the higher two in silver. Coin production ceased in 1899 and did not recommence until 1911, with silver coins not produced again until 1934, when ¼, ½ and

neg: 50 paise 50 paise The Indian Fifty paise () (singular: "Paisa"), is a unit of currency equaling (half) of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were introduced in 1957, but from 1957 to 1964 the coin was

neg: History of the rupee issues were signed by the second Governor, Sir James Taylor. In August 1940, the one-rupee note was reintroduced as a wartime measure, as a Government note with the status of a rupee coin. During the war, the Japanese produced high-quality forgeries of the Indian currency. This necessitated a change in the watermark. The profile portrait of George VI was changed to his full frontal portrait. The security thread was introduced for the first time in India. The George VI series continued till 1947 and thereafter as a frozen series till 1950 when post-independence notes were issued. Following the Independence of

neg: Sri Lankan rupee were withdrawn in 1856. The Indian rupee was formally established as the unlimited legal tender 18 June 1869. The rupee was decimalized 23 August 1871. Thus, the rupee of 100 cents became Ceylon's money of account and sole legal tender effective 1 January 1872, replacing British currency at a rate of 1 rupee = 2 shillings 3 pence. In 1872, copper , , 1 and 5 cents coins dated 1870 were introduced, followed in 1892 by silver 10, 25 and 50 cents. Production of the cent ceased in 1904. The large, copper 5 cents coin was replaced in 1909 by

neg: Seychellois rupee 50 cents, 1, 5 and 10 rupees. Standard issue notes began to be issued in 1918, with notes for 50 cents and 1 rupee, followed by 5, 10 and 50 rupees in 1928. The 50 cents and 1 rupee notes were issued until 1951 and phased out in favor of the coins. 20- and 100-rupee notes were first introduced in 1968, whilst the 5-rupee note was replaced by a coin in 1972. In 1976, the Seychelles Monetary Authority took over the issuance of paper money, issuing notes for 10, 25, 50 and 100 rupees. This series featured the first president

neg: Coins of the Indian rupee were hoarded by Coin collectors and Coin hoarders. in 2007 RBI issued a new series of Coins, The Hasta Mudra Series, in coins of 50 paisa, 1 rupee and 2 rupee denominations. These coins are stainless steel and feature various Hasta Mudras (hand gestures in Indian Classical dance). The 5 rupee piece that features waves in its design was also issued in 2007, along with a new 10 rupee coin. However, the design of the 10 rupee piece changed in 2008. The 5 rupee coin design was again reverted to the previous design, though it was issued in Nickel-brass instead

neg: History of the rupee East Africa, Southern Arabia and the Persian Gulf. Ancient India in circa 6th century BC, was one of the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters. The first "rupee" is believed to have been introduced by Sher Shah Suri (1486–1545), based on a ratio of 40 copper pieces (paisa) per rupee. The word "rupiya" is derived from word "rūpa", which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", hence a "coin". It is derived from the noun "rūpa" "shape,

neg: History of the rupee to Rs 21. [[Category:Currencies of India]] [[Category:Currencies of Pakistan]] [[Category:Economic history of India]] [[Category:History of money|Rupee]] [[Category:Financial history of India]] History of the rupee The history of the Rupee traces back to the Ancient India in circa 6th century BC. Ancient India was the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters. The word "rupee" is derived from a Sanskrit word "rūpa", which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived from the noun "rūpa"

neg: Rupee In India presently (from 2010 onwards), 50 paise coin (half a rupee) is the lowest valued legal tender. Coins of rupees 1, 2, 5 and 10 and bank notes of rupees 5, 10, 20, 50, 100, 200, 500 and 2000 are commonly in use for cash transaction. A taka in West Pakistan was worth two paises while this word was used alternatively for rupee in East Pakistan. After its independence, Bangladesh started to officially call its currency "taka" (BDT) in 1971. Early 19th-century East India Company rupees were used in Australia for a limited period. Decimalisation occurred in Ceylon (Sri

neg: History of the rupee where the standard rupee was replaced by the "Quaternary Silver Alloy". The Quaternary Silver coins were issued from 1940. In 1947 these were replaced by pure Nickel coins. Immediately after independence, the British coinage was continued. The Monetary System remained unchanged at One Rupee consisting of 64 pice, or 192 pies. The "Anna Series" was introduced on 15 August 1950. This was the first coinage of the Republic of India. The King's Portrait was replaced by the Ashoka's Lion Capital. A corn sheaf replaced the Tiger on the one Rupee coin. The monetary system was retained with one Rupee consisting

neg: Rupee the Straits Settlements by the time the British arrived in the 19th century. The East India Company tried to introduce the rupee in its place. These attempts were resisted by the locals, and by 1867 when the British government took over direct control of the Straits Settlements from the East India Company, attempts to introduce the rupee were finally abandoned. Formerly, the rupee (11.66 g, .917 fine silver) 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

neg: Rupee for silver coin, from Sanskrit rūpa, beautiful form. Both the Kabuli rupee and the Kandahari rupee were used as currency in Afghanistan prior to 1891, when they were standardized as the Afghan rupee. The Afghan rupee, which was subdivided into 60 paisas, was replaced by the Afghan afghani in 1925. Until the middle of the 20th century, Tibet's official currency was also known as the Tibetan rupee. 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. The

neg: Indian rupee the designation "India". Their denominations were anna, pice, and anna (all in copper), 2 annas, , and one rupee (silver), and five and ten rupees and one mohur (gold). The gold denominations ceased production in 1891, and no -anna coins were issued after 1877. In 1906, bronze replaced copper for the lowest three denominations; in 1907, a cupro-nickel one-anna coin was introduced. In 1918–1919 cupro-nickel two-, four- and eight-annas were introduced, although the four- and eight-annas coins were only issued until 1921 and did not replace their silver equivalents. In 1918, the Bombay mint also struck gold sovereigns and 15-rupee

neg: One rupee (Indian coin) chronology and reasons; From 1947 to 1957, Indian rupee was not decimalised and was divided into 16 annas. Each anna was further divided to four Indian pices (from 1835 to 1947, each pice was divided into three Indian pies; till the pie was demonetized in 1947). Table below shows sub-units of one rupee (1835-present). As of 2017, one rupee coins are minted by India Government Mints in Mumbai, Kolkata, Hyderabad and in Noida. All coins are circulated only through Reserve Bank of India. Following mint marks have been used on one rupee coins since 1947. One rupee (Indian coin) One

neg: Sri Lankan rupee coin. Later 2 cent coins issued in 1957 were the only coins from this period to ever depict Queen Elizabeth II. Coins with the portrait of King George VI continued to be issued despite his death. In 1957, cupro-nickel 1 rupee coins and .925 silver 5 rupee coins commemorating 2500 years of Buddhism were issued. In 1963, a new coinage was introduced which omitted the British monarch's portrait, depicting instead The Armorial ensign of Ceylon. Coins issued were aluminium 1 and 2 cents, nickel brass 5 and 10 cents and cupro-nickel 25 and 50 cents and 1 rupee. These coins

neg: Sri Lankan rupee replaced the 10 rupee note with an 11-sided, nickel-steel electroplated coin. <br> The Central Bank of Sri Lanka has issued commemorative coins since 1957. On 15 December 2010, to mark the 60th Anniversary, the Central Bank of Sri Lanka issued a frosted proof crown size multi-colour silver commemorative coin in the denomination of 5,000 rupees. It was the first multi-colour coin issued by the Central Bank. Commemorative coins issued by the Central Bank of Sri Lanka: The Government of Ceylon introduced its first rupee banknote issue in 1885. A five rupee note (1885–1925) was followed by a 10 rupee (1894–1926)

neg: 5 naye paise (Indian coin) in medallic alignment. Coins weighed 4.0 grams, had a diameter of and thickness of . Five naye paise coins were quadrangular shaped and had smooth edge. 5 naye paise (Indian coin) The Indian five naye paise () (singular: "Paisa"), was a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized.

neg: Coins of the Indian rupee of Copper-nickel. However, these 5 rupee and 10 rupee coins were not the part of the Hasta Mudra series. The 5 rupee and 10 rupee coins were issued for common circulation in 2007, 2008, 2009 with changed designs and continued to be minted until the introduction of the Rupee Symbol series in 2011. In 2011, RBI issued a series in denominations of 50p, ₹1, ₹2, ₹5, and ₹10. The 50p, ₹1, ₹2, and ₹5 designs are identical except the absence of the rupee symbol in 50p coin. The ₹10 coin continued to be issued in bimetallic issues as previously. Because

neg: 3 paise (Indian coin) weighed 1.25 grams, had a diameter of and thickness of . Three paise coins were hexagonal shaped and had smooth edge. 3 paise (Indian coin) The Indian Three paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage

neg: 2 naye paise (Indian coin) of and thickness of . Scalloped with eight notches, the coins had smooth edge. 2 naye paise (Indian coin) The Indian Two naye paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric

neg: 2 paise (Indian coin) . Scalloped with eight notches, the coins had smooth edge. 2 paise (Indian coin) The Indian Two paise () (singular: "Paisa"), is a unit of currency equaling of the Indian rupee. The symbol for paisa is p. Prior to 1957, Indian rupee was not decimalised and the rupee from 1835 to 1957 AD was further divided into 16 annas. Each anna was further divided to four Indian pices and each pice into three Indian pies till 1947 when the pie was demonetized. In 1955, India amended the "Indian Coinage Act" to adopt the metric system for coinage. Paisa coins were

neg: Indian rupee Lion on the reverse. India's first coins after independence were issued in 1950 in 1 pice, , one and two annas, , and one-rupee denominations. The sizes and composition were the same as the final regal issues, except for the one-pice (which was bronze, but not holed). The first decimal-coin issues in India consisted of 1, 2, 5, 10, 25 and 50 naye paise, and 1 rupee. The 1 naya paisa was bronze; the 2, 5 & 10 naye paise were cupro-nickel, and the 25 naye paise (nicknamed "chawanni"; 25 naye paise equals 4 annas), 50 naye paise (also called

neg: 1 paisa (Indian coin) part of "The Decimal Series". One paisa coin was withdrawn from circulation and demonetized on 30 June 2011. 1 paisa (Indian coin) The Indian One Paisa coin (), was a unit of currency equaling (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" () (English: "New Paisa") and on 1 June 1964, the term "Naya" was dropped and the denomination was simply called

neg: 1 paisa (Indian coin) 1 paisa (Indian coin) The Indian One Paisa coin (), was a unit of currency equaling (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" () (English: "New Paisa") and on 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". One paisa coin has been demonetized and is no longer legal tender. Prior to 1957, Indian

neg: Travancore Rupee 'One Travancore Rupee', this was never done. The half-rupee and the quarter-rupee remained the highest values issued for circulation. The Travancore Rupee was issued until 1946 CE (1121 M.E. or Malayalam Era), remaining in circulation till 1949. It was replaced by the Indian rupee following Travancore's accession into India. Issues of the Travancore Rupee often had the names or insignia of the reigning monarch in English. The reverse features inscriptions in the native language of Malayalam as well as the royal insignia of Travancore. The inscriptions are largely a direct translation of the front of the coin. The year, when

neg: Indian rupee minted by the Reserve Bank of India (RBI). Between 2005 and 2008 new, lighter fifty-paise, one-, two- and five-rupee coins were introduced, made from ferritic stainless steel. The move was prompted by the melting-down of older coins, whose face value was less than their scrap value. The demonetisation of the 25-(chawanni) paise coin and all paise coins below it took place, and a new series of coins (50 paise – nicknamed "athanni" – one, two, five and ten rupees, with the new rupee symbol) were put into circulation in 2011. Coins commonly in circulation are one, two, five and ten

neg: History of the rupee History of the rupee The history of the Rupee traces back to the Ancient India in circa 6th century BC. Ancient India was the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters. The word "rupee" is derived from a Sanskrit word "rūpa", which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived from the noun "rūpa" "shape, likeness, image". The word "rūpa" itself could have Vedic or Dravidian roots. Vedic origin is more likely, as Sanskrit

neg: Afghan rupee was replaced in 1925 by the Afghani, which is the currency today, but continued to be in circulation until 1978. The rupee itself was first issued by Pashtun monarch Sher Shah Suri during his rule of northern India in the sixteenth century; India still uses its own variant of the rupee (along with Pakistan - "see" Pakistani rupee - since its creation in 1947), whereas Afghanistan does not. In 1919, Treasury notes were introduced in denominations of 1, 5, 10, 50 and 100 rupees. Afghan rupee The Afghan rupee was the currency of Afghanistan until 1925. Before 1891, silver rupees

neg: One rupee (Indian coin) coins in 1542 and named it "Rupiya" (meaning "beautiful form"). The denomination remained in usage through the Mughal, Maratha, East India company and British rules. The rupiya was retained by the East India company till 1835 and formed the basis of the British Raj currency till 1947. Each rupiya coin weighed . Sub-unit of rupyia were copper pieces and 40 copper pieces constituted one rupiya. Sher Shah Suri named the copper pieces as Paisa. The Madras Presidency issued one rupee coins till 1815 AD. One rupee was equal to twelve fanams. In 17 century AD, the East India Company wanted

neg: Rupee 6th century BC. Ancient India had some of the earliest coins in the world, 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 (that is, silver worth about US$10 at modern prices). At the end of the 19th century, the Indian silver rupee went onto a gold exchange standard at a fixed rate of one rupee to one shilling and fourpence in British currency, i.e. 15 rupees to 1 pound

neg: Indian 20-rupee note Indian 20-rupee note The Indian 20-rupee banknote (20) is a common denomination of the Indian rupee. The current 20 banknote in circulation is a part of the Mahatma Gandhi Series. The Reserve Bank introduced the 20 note in the Mahatma Gandhi Series in August 2001. Making it one of the last denominations of the series to be introduced in the series; other than the 5, which was introduced in November 2001. It was first introduced by the Reserve Bank of India in 1972 to contain the cost of production of banknotes in circulation. With the introduction of this banknote, the

neg: Mauritian rupee the 40th anniversary of the Bank of Mauritius, and this has now become a coin in general circulation. The first banknotes were issued by the government dated 1876 in denominations of 5, 10 and 50 rupees. 1 rupee notes were added in 1919. In 1940, emergency issues were made of 25 and 50 cents and 1 rupee. In 1954, 25 and 1000 rupees were introduced. The Bank of Mauritius was established in September 1967 as the nation’s central bank, and has been responsible for the issue of banknotes and coins since that time. The bank issued its first notes in

neg: 1 naya paisa (Indian coin) as a part of "The Decimal Series". Naya paisa coin was withdrawn from circulation and demonetized on 30 June 2011. 1 naya paisa (Indian coin) The Indian One Naya paisa (), was a unit of currency equaling (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" () (English: "New Paisa") and on 1 June 1964, the term "Naya" was dropped and the denomination

neg: 1 naya paisa (Indian coin) 1 naya paisa (Indian coin) The Indian One Naya paisa (), was a unit of currency equaling (one-hundredth) of the Indian rupee. The symbol for paisa is p. In 1955, India adopted metric system for coinage and amended the "Indian Coinage Act". Subsequently, one paisa coins were introduced on 1 April 1957. From 1957 to 1964, one paisa coin was called "Naya Paisa" () (English: "New Paisa") and on 1 June 1964, the term "Naya" was dropped and the denomination was simply called "One paisa". Naya paisa coin has been demonetized and is no longer a Legal tender. Prior to

neg: Finance Secretary provisions for inclusion of Government of India one rupee note within the meaning of ‘Coin’ have been consciously incorporated in the Coinage Act, 2011. Further, the RBI, as per Section 24(1) of the RBI Act, 1934, is not empowered to issue bank note of denomination of value of one rupee" Further, "apart from the metal, the coin may be made of any other material," Hence according to the act One Rupee Note is a 'coin'. Also, in accordance with the RBI Act 1934, RBI can not mint coins. What are the implications of One Rupee note to be classified as

neg: Pakistani rupee Sanskrit word "rūpya", which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is` derived from the noun "rūpa" "shape, likeness, image". "Rūpaya" was used to denote the coin introduced by Sher Shah Suri during his reign from 1540 to 1545 CE. The Pakistani rupee was put into circulation in Pakistan after the dissolution of the British Raj in 1947. Initially, Pakistan used British Indian coins and notes simply over-stamped with "Pakistan". New coins and banknotes were issued in 1948. Like the Indian rupee, it

neg: Indian 10-rupee coin a rumour circulating on social media. It was initially claimed that coins with a 15 notch reverse design lacking the '₹' symbol were fake, compared to the 10 notch version using the symbol introduced in 2011. It was later clarified by the Reserve Bank of India (RBI) that the "alleged fake" coin was the earlier 2008 design, which predated the adoption of the '₹' symbol in 2010, and was still in legal circulation, along with the 2011 design and those refusing to accept it could face legal action. In February 2018, the Reserve Bank of India began an awareness campaign

neg: History of the rupee It, however, was now divided into 100 'Paisa' instead of 16 Annas or 96 Pice. For public recognition, the new decimal Paisa was termed 'Naya Paisa' until 1 June 1964 when the term 'Naya' was dropped. The coins of that period also mentioned their value in terms of the rupee to avoid confusion and cheating. For example, the one paisa coin carried the text "One hundredth of a Rupee" in Hindi. From 1950, India ran continued trade deficits that increased in magnitude in the 1960s. Furthermore, the Government of India had a budget deficit problem and could not borrow money

neg: Travancore Rupee printed on the coins was based on the Malayalam calendar (and corresponding Malayalam Era - M.E.) which begins circa 825 CE. Therefore, the year of issue of the coin can be found by adding 825 to it. Example - The year of issue of a coin showing 1000, will be 1825 C.E.(or A.D.). Therefore, the year of issue of the coin with year 1116, as depicted in the images, will be 1940-41. Unlike the Indian Rupee issued by the British and other princely States of India, the Travancore Rupee was subdivided into 7 Travancore Fanams. These "Fanams" were further sub-divided

neg: Rupee rupee subdivides into one hundred paisas (both singular and double) or four Sukaas. The word "rupee" is derived from the Sanskrit term "rūpya" which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived from the noun "rūpa" "shape, likeness, image". The word "rūpa" is further identified as related to the Tamil root "uruppu", which means "a member of the body". "Rupiya" was first named to a silver coin weighing 178 grains (11.53 g) minted in northern India by Emperor Sher Shah Suri during

neg: Madras fanam 1/8 rupee. Madras fanam The fanam (or panam in the local language of Tamil) was a currency issued by the Madras Presidency until 1815. It circulated alongside the Indian rupee, also issued by the Presidency. The fanam was a small silver coin, subdivided into 80 copper "cash", with the gold "pagoda" worth 42 fanams. The rupee was worth 12 fanams. After 1815, only coins of the rupee currency system were issued. Fanams were also issued in Travancore, worth 1/7 of a rupee, whilst in Danish India the "fano" was issued, worth 1/8 rupee, and in French India the "fanon" was

neg: East African rupee East African rupee The Rupee was the currency of Britain's East African colonies and protectorates between 1906 and 1920. It was divided into 100 cents. The rupee replaced the Indian rupee, which had previously circulated. In 1920, the rupee was revalued against sterling to a peg of 1 rupee = 2 shillings (1 florin). In East Africa, this was followed in the same year by the replacement of the rupee with the East African florin at par. The currency is noteworthy for including the world's first aluminium coin, the 1907 1 Cent. Silver coins were introduced for 25 and 50

neg: Madras fanam Madras fanam The fanam (or panam in the local language of Tamil) was a currency issued by the Madras Presidency until 1815. It circulated alongside the Indian rupee, also issued by the Presidency. The fanam was a small silver coin, subdivided into 80 copper "cash", with the gold "pagoda" worth 42 fanams. The rupee was worth 12 fanams. After 1815, only coins of the rupee currency system were issued. Fanams were also issued in Travancore, worth 1/7 of a rupee, whilst in Danish India the "fano" was issued, worth 1/8 rupee, and in French India the "fanon" was issued, worth

neg: Indian rupee rupees. Although it is still legal tender, the 50-paise ("athanni") coin is rarely seen in circulation. The coins are minted at the four locations of the India Government Mint. The 1, 2, and 5 coins have been minted since independence. Coins minted with the "hand picture" were minted from 2005 onwards. The Government of India has the only right to mint the coins and one rupee note. The responsibility for coinage comes under the Coinage Act, 1906 which is amended from time to time. The designing and minting of coins in various denominations is also the responsibility of the Government

neg: East African shilling introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states. The rupee, being a silver coin, rose in value against sterling. When it reached the value of two shillings, the authorities decided to replace it with the florin. From the florin thence came the East African shilling. The currency remained pegged to one shilling sterling and was subdivided into 100 cents. In 1936, Zanzibar joined the currency board, and the Zanzibari rupee was replaced at a rate of 1.5 East African shillings to 1 Zanzibari

neg: Sri Lankan rupee a much smaller cupro-nickel coin which was square with rounded corners. In 1919, the fineness of silver used was reduced from .800 to .550. Between 1940 and 1944, a wholesale change in the coinage was carried out. Production of the cent ceased in 1940, with bronze 1 cent introduced in 1942 with reduced weight and thickness. Nickel-brass replaced cupro-nickel in the 5 cents in the same year and replaced silver in the 25 and 50 cents in 1943. In 1944, nickel-brass, scalloped shaped 2 and 10 cents coins were introduced. The scalloped 10 cents coin replaced the silver 10 cents

neg: Mughal Empire value rising further in the 17th century as a result of new industrial uses for copper, such as in bronze cannons and brass utensils. The dam was initially the most common coin in Akbar's time, before being replaced by the rupee as the most common coin in succeeding reigns. The dam's value was later worth 30 to a rupee towards the end of Jahangir's reign, and then 16 to a rupee by the 1660s. The Mughals minted coins with high purity, never dropping below 96%, and without debasement until the 1720s. Despite India having its own stocks of gold and

neg: Coins of the Indian rupee government programmes and social messages. Commemorative coins are made at various mints across India including the ones at Mumbai, Noida, Kolkata and Hyderabad. The first commemorative coins was dated 1964 and had a bust of Jawaharlal Nehru on observe and was issued in one and half rupee. Note: Bold Marks are Silver Coins, Mint index: K = Kolkata (no mark), H = Hyderabad (⋆), M = Mumbai (◆ or B), Noida = (●). The two-rupee coin issued from 2006 by the Reserve Bank, in stark contrast to the earlier coin, is rounded and simpler in design, without the map of

neg: Indian 10-rupee coin alongside the 10 rupee banknote. The first ₹10 coin minted in 2005 had a diameter of 27 mm and featured the lettering "भारत" and "INDIA" on the top, with Lion capital with 'Satyameva Jayate' in Hindi below at left, and the date of mint below it on the obverse. On the reverse of the coin it featured the "Four heads sharing a common body" – cross with a dot in each quadrant in the center, with the lettering "दस रुपये" and "TEN RUPEES" on the outer ring. The second design featured two horizontal lines. The coin featured the lettering "भारत"

neg: India Government Mint, Hyderabad (SPMCIL). Since 13 January 2006, the India Government Mint, Hyderabad functions as one of the units of the "Security Printing & Minting Corporation of India Limited". The mint is headed by a "general manager". Coins minted at the India Government Mint, Hyderabad carries the mint mark of a "five-pointed star" (*), symbolising that the coin was produced in the Hyderabad mint. The India Government Mint in Hyderabad was planned with an estimated annual production capacity of annual production capacity of 700 million coins and 950 million planchets. Indian rupee coins (1, 2, 5 & 10) are produced in this mint.

neg: One rupee (Indian coin) ("IV minted as IIII") and were first minted in 1835 AD. Rupee coins issued after 1840 bore busts of Queen Victoria (1840 to 1901 AD), Edward VII (1903 to 1910 AD), George V (1911 to 1936 AD) and George VI (1938 to 1947 AD). The British Raj started in India in 1858 AD after a century of control by the East India Company. British Raj lasted till Indian independence in 1947. From 1835 to 1858, uniform rupee coins were being issued in accordance to the "Coinage Act of 1835". In 1862, new one rupee coins were issued, were known as

neg: Indian rupee British India. Since 1851, gold sovereigns were produced "en masse" at the Royal Mint in Sydney, New South Wales. In an 1864 attempt to make the British gold sovereign the "imperial coin", the treasuries in Bombay and Calcutta were instructed to receive gold sovereigns; however, these gold sovereigns never left the vaults. As the British government gave up hope of replacing the rupee in India with the pound sterling, it realised for the same reason it could not replace the silver dollar in the Straits Settlements with the Indian rupee (as the British East India Company had desired). Since the

neg: Economy of Bihar Warehouses were built and special provisions were made to protect the trade routes. The state controlled the weights and measures. In the 1540s Sher Shah, the ruler of Bihar and northern India, introduced measures that included laws to ensure that peasants were not cheated and that all were treated equally irrespective of religion and class. Sher Shah built the Grand Trunk Road stretching from Bengal to Peshawar, which is in use even today. He introduced a coin named rupia, to which the modern Indian Rupee system can be traced and also introduced the levy of custom duties. The empire stretched

neg: Economy of India and is also accepted as legal tender in neighbouring Nepal and Bhutan, both of which peg their currency to that of the Indian rupee. The rupee is divided into 100 paisas. The highest-denomination banknote is the 2,000 note; the lowest-denomination coin in circulation is the 50 paise coin. Since 30 June 2011, all denominations below 50 paise have ceased to be legal currency. India's monetary system is managed by the Reserve Bank of India (RBI), the country's central bank. Established on 1 April 1935 and nationalised in 1949, the RBI serves as the nation's monetary authority, regulator and supervisor of

neg: One rupee (Indian coin) the "Regal issue", bore bust of Queen Victoria on obverse and country name "India" minted on reverse side. One rupee coins issued after 1835 but before 1862 AD had "East India Company" on reverse instead of country name. From 1862 to 1939 AD, one rupee coins were minted from 0.917 silver, weighed , had a diameter of and thickness of . Obverse side of the coins featured busts of Queen Victoria (1862 to 1901 AD), Edward VII (1903 to 1910 AD), George V (1911 to 1936 AD) and George VI (1938 to 1947 AD). Edward VIII was never featured on

neg: Finance Secretary by "One rupee" So, the Government of India has the power to mint/print 1 Rupee coin/note which are an asset and define the unit of currency. RBI notes get the value from the asset known as 'Rupee'. Finance Secretary The Finance Secretary is the Permanent Secretary-level civil servant, who plays a leadership role in the bureaucracy of the Finance Ministry, Government of India. Ajay Narayan Jha is the present finance secretary of India. The Ministry of Finance is composed of five departments the Department of Economic Affairs, the Department of Revenue, the Department of Expenditure, the Department of Financial Services

neg: Coins of the Indian rupee of fraction of a rupee. In June 1964, the term 'Naya' was dropped and the coins were reminted. The legend in Devanagari script explaining the value of coin in terms of fraction of a Rupee continued till it was finally dropped from the new design minted 1964 onwards. The coin minted from 1965 did not have the legend in Devanagari, explaining the value of the coin as a fraction of the rupee. Small denomination coins which were made of bronze, nickel-brass, cupro-nickel, and aluminium-bronze were gradually minted in aluminium.The first coin minted in such type was the 3 Paisa coin

neg: Gulf rupee Gulf rupee The Gulf rupee (Arabic: روبيه or روبيه خليجيه), also known as the Persian Gulf rupee, was a currency used in the countries of the Persian Gulf and the Arabian Peninsula between 1959 and 1966. It was issued by the Government of India and the Reserve Bank of India and was equivalent to the Indian rupee. To the middle of the 20th century, the Indian rupee was used as currency in the countries of the Persian Gulf and Arabian Peninsula. Its popularity strained India's foreign reserves and so the Gulf rupee was created. It was introduced by the Indian

neg: Silver coin a specified weight, punched with several dies, each carrying a symbol. These very early coins were issued at a point in time when India was still separated from the Greek world by Persia (Persia proper did not use silver coins at the time). The Sanskrit word "rūpyakam" (रूप्यकम्) means "wrought silver" or a coin of silver. The term could also be related to "something provided with an image, a coin," from Sanskrit "rūpa" "shape, likeness, image." The word "Rupee" was adopted by Sher Shah Suri, a renagade governor who broke off from the Mughal Empire during his short rule of

neg: Banknotes of the Sri Lankan rupee Banknotes of the Sri Lankan rupee The banknotes of the Sri Lankan rupee are part of the physical form of Sri Lanka's currency. The issuance of the rupee banknotes began in 1895. The Government of Ceylon introduced its first paper money in the form of the 5 rupee banknote in 1895. These were followed by 10 rupee notes in 1894, 1000 rupee notes in 1899, 50 rupee notes in 1914, 1 and 2 rupee notes in 1917 and 100 and 500 rupee notes in 1926. In 1942, emergency issues for 5, 10, 25 and 50 cents were introduced and issued

neg: Banknotes of the Sri Lankan rupee Banknotes of the Sri Lankan rupee The banknotes of the Sri Lankan rupee are part of the physical form of Sri Lanka's currency. The issuance of the rupee banknotes began in 1895. The Government of Ceylon introduced its first paper money in the form of the 5 rupee banknote in 1895. These were followed by 10 rupee notes in 1894, 1000 rupee notes in 1899, 50 rupee notes in 1914, 1 and 2 rupee notes in 1917 and 100 and 500 rupee notes in 1926. In 1942, emergency issues for 5, 10, 25 and 50 cents were introduced and issued

neg: Coins of the Indian rupee in 1964, which was a new denomination, and continued to be minted till 1971. One and Two paisa coins were changed to Aluminium and were minted without the Devanagari legend from 1965. 20 paisa coin was introduced in 1968, which continued to be minted till 1971. From 1982, New series was launched. the 20 paisa coin which was last minted in 1971, was reintroduced again, but in Aluminium. The size and the design of 10 paisa, 50 paisa and 1 rupee was changed, though they continued to be minted in the same metal. Coins of 3p, 2p and 1p were

neg: Hyderabadi rupee issued in 1919 and one thousand rupee notes were issued in 1926. After the setting up of the India Currency Notes Press at Nashik, Hyderabad notes came to be printed there. In 1942, the Government of Hyderabad established the Hyderabad State Bank, with the responsibility, "inter alia", of managing the OS. Hyderabad continued to mint its own coins until 1948, when India occupied the state after the Nizam refused to cede it to the new republic. In 1950, the Indian rupee was introduced alongside the local currency, with the relationship of 7 Hyderabad rupees = 6 Indian rupees being used.

neg: Banknotes of the Sri Lankan rupee does not include a 10-rupee note because that denomination was replaced by a coin on 5 April 2010. The Central Bank of Sri Lanka has issued three commemorative notes in recognition of significant events of national importance. In 1998 a 200 rupee note was issued on Independence day to commemorate the 50th Independence Anniversary of the country. In 2009 a 1000 rupee note was issued commemorating the end of the Sri Lankan Civil War and the Ushering of Peace and Prosperity. In 2013 a 500 rupee note was issued for Commonwealth Heads of Government Meeting 2013 held in Sri Lanka.

neg: Indian rupee peso. In 1867, administration of the Straits Settlements was separated from India and the Straits dollar was made the standard currency, and attempts to reintroduce the rupee were finally abandoned. After the Partition of India, the Pakistani rupee came into existence, initially using Indian coins and Indian currency notes simply overstamped with "Pakistan". Previously the Indian rupee was an official currency of other countries, including Aden, Oman, Dubai, Kuwait, Bahrain, Qatar, the Trucial States, Kenya, Tanganyika, Uganda, the Seychelles and Mauritius. The Indian government introduced the Gulf rupee – also known as the Persian Gulf rupee (XPGR) – as a

neg: History of the rupee during his five-year rule from 1540 to 1545, set up a new civic and military administration and issued a coin of silver, weighing 178 grains, which was termed the "Rupiya". The silver coin remained in use during the Mughal period, Maratha era as well as in British India. Among the earliest issues of paper rupees include the "Bank of Hindostan" (1770–1832), the "General Bank of Bengal and Bihar" (1773–75, established by Warren Hastings), and the "Bengal Bank" (1784–91). The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of

neg: Coinage shapes Tuvalu 50 cent coin has nine sides. Hong Kong had a ten-sided 5 dollar coin from 1976 to 1979, while the Philippines had a ten-sided two peso coin from 1983 to 1990. The old Indian 2-rupee coin was eleven-sided, while the Canadian one dollar coin is an eleven-sided Reuleaux polygon. Many countries have struck twelve-sided coins. Coins currently circulating include the British one pound coin; 50 cent coins from Australia, Fiji, and the Solomon Islands; the Tongan 50 seniti coin; and the Croatian 25 kuna coin. The Czech 20 koruna coin has 13 sides. A 5 dirham commemorative coin from

neg: Coins of the Indian rupee India. The coin has already been criticized for being difficult to recognize by the visually impaired. Most controversially, it features an equal-armed cross with the beams divided into two rays and with dots between adjacent beams. According to RBI, this design represents "four heads sharing a common body" under a new "unity in diversity" theme. However, Hindu nationalists have charged that the symbol is a Christian cross resembling the symbol on the deniers issued by Louis the Pious. India's much awaited first ever bimetallic 10 rupee coin was released in 2005 under the theme "Unity in Diversity". But, due to

neg: Indian rupee Mughal period, Maratha era as well as in British India. Among the earliest issues of paper rupees include; the "Bank of Hindustan" (1770–1832), the "General Bank of Bengal and Bihar" (1773–75, established by Warren Hastings), and the "Bengal Bank" (1784–91). Historically, the rupee was a silver coin. This had severe consequences in the nineteenth century when the strongest economies in the world were on the gold standard. The discovery of large quantities of silver in the United States and several European colonies resulted in a decline in the value of silver relative to gold, devaluing India's standard currency. This event

neg: Indian 1000-rupee note Indian 1000-rupee note The Indian 1000-rupee banknote (1000) was a denomination of the Indian rupee. It was first introduced by the Reserve Bank of India in 1938 under British rule and subsequently demonetized in 1946. Post-independence, the denomination was re-introduced in 1954. In January 1978, all high-denomination banknotes of 1000, 5,000, and 10,000 were demonetized in order to curb unaccounted cash money. In order to contain the volume of banknotes in circulation due to inflation, the 1000 banknote was again re-introduced in November 2000, under the government of Atal Bihari Vajpayee, as a part of the Mahatma Gandhi Series of

neg: Slang terms for money in Spain are also terms applied to the euro. In India slang names for coins are more common than the currency notes. For 5 paisa (100 paisa is equal to 1 Indian rupee) it is 'panji'. A 10 paisa coin is called 'dassi' and for 20 paisa it is 'bissi'. A 25 paisa coin is called 'chavanni' (equal to 4 annas) and 50 paisa is 'athanni' (8 annas). However, in recent years, due to inflation, the use of these small value coins has declined, and so has the use of these slang terms. The more prevalent terms now (particularly in

neg: Rupee War caused the rupee to rise in value to two shillings sterling. In 1920 in British East Africa, the opportunity was then taken to introduce a new florin coin, hence bringing the currency into line with sterling. Shortly after that, the florin was split into two East African shillings. This assimilation to sterling did not, however, happen in British India itself. In Somalia, the Italian colonial authority minted 'rupia' to exactly the same standard and called the pice 'besa'. The Straits Settlements were originally an outlier of the British East India Company. The Spanish dollar had already taken hold in

neg: Indian 200-rupee note Indian 200-rupee note The Indian 200-rupee note (₹200) is a denomination of the Indian rupee. Post 2016 Indian banknote demonetisation, the new currency notes have been announced by the Reserve Bank of India-- ₹2,000, ₹500, ₹200, ₹100, ₹50, ₹20 and ₹10. In order to determine currency denominations, the Reserve Bank of India follows a variation of the Renard series, called the 1-2-5 series, in which a ‘decade’ or a 1:10 ratio is covered in 3 steps, such as 1-, 2-, 5-, 10-, 20-, 50-, 100-, 200-, 500-, 1,000, etc. The Reserve Bank of India described the 200-rupee notes as the