Indian Rupee exchange rate

WE SELL RATE HISTORY OF INDIAN RUPEE

WE BUY RATE HISTORY OF INDIAN RUPEE

INDIAN RUPEE INFO

The Indian Rupee is the official currency of India.
Notes: 10, 50, 100, 200, 500, 
Coins: 50 paise, 1, 2, 5, 10 Rupees
Subunit: paisa (plural paise)
Code: INR
Symbol: ₹

About the Indian Rupee

The Indian Rupee is the official currency of the Republic of India. Its ISO 4217 code is INR and is represented by the symbol ₹. Each Rupee is divided into 100 paise (paisa in singular). But at present the smallest unit is the 50 paise coin.

There are other name to denominate the large amounts of Indian Rupees. 100,000 Rupees would be 1 lakh, 10,000,000 Rupees would be 1 crore and 1,000,000,000 Rupees would be 1 arawb.

Indian Rupee is also used unofficially in some regions of Nepal and Bhutan, countries bordering India.

History of the currency of India

India was one of the world's first countries to mint their currency together with China. The history of its currency dates back to the 6th century BC. when there were gold, lead and copper coins. In the 16th century they began to mint Rupees in silver and this is what their name comes from.

Until 1957 the Rupee was divided into 16 annas and each anna was divided into four pice. A mohur was equivalent to 15 Rupees. In addition, each territory issued its own currency, sometimes they had the same name but with different denominations and sometimes with different names. In 1957, after the independence of India and its proclamation as a Republic, the currency was unified and decimalized.

Banknotes and coins of Indian Rupee

Currently there are two families of banknotes in circulation in India: the Mahatma Gandhi series and the New Mahatma Gandhi series. In Eurochange we only work with the notes of the New Mahatma Gandhi Series. These notes are 10, 50, 100, 200, 500 

BANKNOTES OF INDIAN RUPEE IN CIRCULATION

The image of Mahatma Gandhi, the largest representative of the independence movement in India practicing a non-violent opposition, appears on the obverse of all the notes. On the back of the banknotes appear images of different parts of the country declared a World Heritage Site by Unesco, except for the 2,000 Rupees note that they dedicate to their scientific achievements.

A detail of the decoration of the Temple of Suria (King of the Sun) in the city of Konark appears on the 10 Rupees note.

On the 50 Rupees note appears the Stone Carriage of Hampi, the City of Victory.

On the 100 Rupees note there is a view of one of the walls of Rani ki vav, a construction excavated underground in the city of Patan.

On the 200 Rupees notes there is an image of the Great Stupa of the city of Sanchi.

A part of the wall and entrance gate of the Red Fort in Delhi appears on the 500 Rupees note.

Indian Rupee coins are 50 paise, 1, 2, 5 and 10 Rupees. On the coins appears its face value and the emblem of India made up of the Ashoka Capital.

Tips to travel to India

In our blog you can find an article in which we tell you how they celebrate the Holi Festival in India. Come in and discover how, when and where takes place this colourful festival and its origin.

 

How many Indian Rupees should I take to India?

If you have doubts about how many Rupees to take to India, it will be our pleasure to help you. Our customers usually exchange about 360 Euros into Indian Rupees. To roughly calculate how much money you might need for your trip you must take into account the expenses you will have once you reach your destination. If you have to pay for hotels, rental cars, excursions or entrance fees, or if you will only have the most common expenses such as food, public transport or general shopping.

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