Things you didn’t Know about Indian Currency

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Things you didn’t Know about Indian Currency

The word rupee has been derived from the Sanskrit word rupyakam which means silver. Image source: 4.bp.blogspot.com

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

The value of an Indian currency note is written in Hindi, English and 15 other different languages. Image source: www.panix.com

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

After Independence, coins were made of cupronickel. Stainless coins were introduced in 1988. Image source: mrpopat.in

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

The Indian rupee once served as the official currency of Kuwait, Bahrain, Qatar, Aden, Oman, Dubai, The Trucial States (now UAE), Kenya, Tanganyika (now United Republic of Tanzania), Uganda, The Seychelles and Mauritius. Image source: www.newsonair.nic.in

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

In 1947, 1 USD = 1 INR. Image source: static.dnaindia.com

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

There is a sign of the RBI governor on the Indian rupee notes but not on the coins. Why? It is because a coin is a worth a metal in itself and doesn’t require any signed promise, while notes are just a piece of paper. Therefore, the governor’s sign is mandatory. Image source: imshopping.rediff.com

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Things you didn’t Know about Indian Currency
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Things you didn’t Know about Indian Currency

Indian currency notes are printed at Currency Note Press in Nashik, Bharatiya Note Mudra Nigam presses in Salboni and Mysore, and Watermark Paper Manufacturing Mill in Hoshangabad. Image source: static.dnaindia.com

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Things you didn’t Know about Indian Currency
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