Indian Rupees facts
While investigating facts about Indian Rupee and Indian Rupees To Usd, I found out little known, but curios details like:
In 2007 an Indian non-profit released fake zero-rupee banknotes that people can give to politicians who demand bribes
indian rupee?
The Indian Government changed the composition of the 5 Rupee Coin after they were smuggled into Bangladesh to make razor blades
Indian rupee?
In my opinion, it is useful to put together a list of the most interesting details from trusted sources that I've come across answering what is 1 million in indian rupees. Here are 18 of the best facts about Indian Rupees To Gbp and Indian Rupees To Dollars I managed to collect.
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Indian Rupee was used by close to 20 countries at one point, in different parts of the world including Kuwait, Bahrain, Oman, Qatar and UAE (up to 1966). In 1957, Special notes called the External Rupees or Gulf Rupees were printed in India for circulation in the Gulf to curb gold smuggling!
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An Indian stray dog 'Rupee' became the first dog ever to reach Mount Everest Base Camp!
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Indian Rupee was used as a currency in Gulf countries.
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The 2016 Indian banknote demonetisation, the biggest economic policy of its kind in recent history, which scrapped 500 and 1000 Rupee notes overnight to curtail corruption and illicit cash, failed to achieve its stated goals and let to a dip in GDP.
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Up till 2010 there was no actual symbol for the Indian rupee, which was unusual for such a large economic power, until the Indian government held a competition to come up with a symbol.
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The symbol for the Indian Rupee ₹ was first adopted in 2010.
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It costs 10 Indian Rupees to travel one kilometer in auto rickshaw in India. India reached Mars at a rate of 7 Rupees per kilometer.
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It's illegal to take Indian currency (rupees) out of India
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It's illegal to take Indian currency (rupees) out of India.
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The Indian rupee was the official currency of Dubai & Qatar until 1959 when India created a new Gulf rupee to hinder the smuggling of gold. It was legal tender until 1966 when India significantly devalued the Indian rupee and a new Qatar-Dubai Riyal was established to provide economic stability.
Indian Rupees data charts
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Indian rupee?
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Due to it's hyperinflation, Zimbabwe allows use of Australian dollars, Chinese yuan, Indian rupees and Japanese yen as official currency.
Each Indian Rupee banknote has its amount written on it in 17 languages; "On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India." - source
In 1947 1 US Dollar was worth 3 Indian Rupees. Now 1 US Dollar is worth 70 Indian Rupees.
Indian Rupee coins have pictures of hands representing the value of the coin. - source
When to buy indian rupees?
In 2015, 2.3 million applied for 368 peon positions which is a low level government helper that pays 20,000 Rupees/$310/£221 per month in the Northern Indian state of Uttar Pradesh. The applicants included 222,000 engineers and 255 Ph.D. holders when the minimum requirement was 5th grade.
