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The rupee was worth one shilling and sixpence in sterling in 1947. The US dollar was worth ₹ 3 in 1947 not 1, and ₹ 82.62 in 2023 Notes. The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates.
For example, if there are ¥120 to the dollar and €1.2 to the dollar then the number of yen per euro is 120/1.2 = 100. The magnitude of the numbers in the list does not indicate, by themselves, the strength or weakness of a particular currency. For example, the U.S. dollar could be rebased tomorrow so that 1 new dollar was worth 100 old dollars.
The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around ₹3.30. The pound was devalued in 1949, changing its parity from 4.03 to 2.80. India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar exchange rate ...
This monumental transaction follows the sale of 25kg of gold from a UAE gold exporter to a buyer in India for around 128.4 million rupees ($1.54 million), according to Reuters.
The Digital Rupee (e₹) [39] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [40] The Digital Rupee was proposed in January 2017 and launched on 1 December 2022. [41]
The Indian numbering system is used in the Indian subcontinent (Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka) to express large numbers.The terms lakh or 1,00,000 (one hundred thousand, written as 100,000 in Pakistan, and outside the Indian subcontinent) and crore or 1,00,00,000 (ten million, written as 10,000,000 outside the subcontinent) are the most commonly used terms in ...
Retrieved 20 December 2023. Kalki 2898 AD is set to become the most expensive Indian film to date, with a substantial budget of Rs 600 crore (US$75 million) ^ "Mission China: Zubeen Garg's Assamese film gives Bollywood a run for its money". 11 September 2017. Archived from the original on 25 December 2018.
Silver coin of Skandagupta of Gupta Empire known as Rūpaka (रूपक) in Sanskrit, in the style of the Western Satraps, with peacock on reverse, 455-467 CE. Rupiya issued by the Sher Shah Suri, 1540–1545 CE. The French East India Company issued silver Rupee in the name of Muhammad Shah (1719–1748) for Northern India trade, minted in ...
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