Rupee
Rupee (, ) is the common name for the currency, currencies of Indian rupee, India, Mauritian rupee, Mauritius, Nepalese rupee, Nepal, Pakistani rupee, Pakistan, Seychellois rupee, Seychelles, and Sri Lankan rupee, Sri Lanka, and of former currencies of Afghan rupee, Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), East African rupee, British East Africa, Burmese rupee, Burma, German East African rupie, German East Africa (as German East African rupie, Rupie/Rupien), and Historical money of Tibet, Tibet. In Indonesia and the Maldives, the unit of currency is known as ''rupiah'' and ''rufiyaa'' respectively, cognates of the word rupee. The Indian rupee and Pakistani rupee are subdivided into one hundred paisa, paise (singular ''paisa'') or pice. The Nepalese rupee (रू) subdivides into one hundred paisa (singular and plural) or four sukaas. The Mauritian rupee, Mauritian, Seychellois rupee, Seychellois, and Sri Lankan rupees subdivide into 10 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Indian Rupee
The Indian rupee (symbol: ₹; code: INR) is the official currency of India. The rupee is subdivided into 100 '' paise'' (Hindi plural; singular: ''paisa''). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested to it by the Reserve Bank of India Act, 1934. Etymology Pāṇini (6th to 4th century BCE), the ancient Indian grammarian and logician, writes of the (). While it is unclear whether Panini was referring specifically to coinage, some scholars conclude that he uses the term ''rūpa'' to mean a piece of precious metal (typically silver) used as a coin, and a ''rūpya'' to mean a stamped piece of metal, a coin in the modern sense. The ''Arthashastra'', written by Chanakya, prime minister to the first Maurya emperor Chandragupta Maurya (), mentions silver coins as . Other types of coins, including gold coins (), copper coins (), and lead coins (), are also mentioned. The immediate precursor to t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Pakistani Rupee
The Pakistani rupee (; ISO code: PKR; symbol: ; abbreviation: Re (singular) and Rs (plural)) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949. Earlier the coins and notes were issued and controlled by the Reserve Bank of India until 1949, when it was handed over to the Government and State Bank of Pakistan, by the Government and Reserve Bank of India. In Pakistani English, large values of rupees are counted in thousands; lac (hundred thousands); crore (ten-millions); arab (billion); kharab (hundred billion). Numbers are still grouped in thousands History The word ''rūpiya'' is derived from the 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'' "shap ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Sri Lankan Rupee
The Sri Lankan rupee (, ; Currency symbol, symbol: ₨ in English, රු in Sinhala, ௹ in Tamil; ISO 4217, ISO code: LKR), known until 1972 as the Ceylon rupee, is the currency of Sri Lanka. It is subdivided into 100 cent (currency), cents (, ), but cents are rarely seen in circulation due to their low value. It is issued by the Central Bank of Sri Lanka. The abbreviation ''Re'' (singular) and ''Rs'' (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee". History pound sterling, Sterling became Ceylon's official currency in 1825, replacing the Ceylonese rixdollar at a rate of £1 = rixdollars, and British silver coins were made legal tender. Treasury notes denominated in sterling were issued in 1827, replacing the earlier rixdollar notes. Rixdollar notes not presented for exchange were demonetized in June 1831. The Indian rupee was made Ceylon's standard coin on 26 September 18 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Mauritian Rupee
The Mauritian rupee (Currency symbol, sign: Re (singular) and Rs (plural); ISO 4217, ISO code: MUR; ) is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee. Coins 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 Re. , Re. and Re. 1/- coins were introduced. In 1947, cupro-nickel 10 cents were introduced, with cupro-nickel replacing silver in 1950. In 1971 a new set of coins and banknotes were introduced by the Royal Mint. This set has Queen Elizabeth II on the obverse and a range of heraldic motives on the reverse. Some of the reverse designs for this set were designed by Christopher Ironside OBE including the Rs. 10/-, Rs. 200/- and Rs. 250/- (issued 1988). In 1987, a new series of ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Afghan Rupee
The Afghan rupee was the currency of Afghanistan between 1891 and 1923. Local rupees The rupee was put into circulation by Afghan Emperor Ahmad Shah Durrani in 1754. The rupee itself was first issued by Sher Shah Suri during his rule of Sur Empire in the sixteenth century; India and Pakistan still use their variant of the rupee since their independence from 1947. Before 1891, silver rupees circulated with copper fulus or falus, and gold ''mohur''. The three metals had no fixed exchange rate between them, with different regions issuing their own coins. Afghan rupee In 1891, a new currency was introduced, based on the ''Kabuli rupee'' and replacing both that and its ''Kandahari'' variant. The rupee was subdivided into 60 paisas, each of 10 ''dinar''. Other denominations issued included the shahi ( rupee or 5 paisas), the sanar ( rupee or 10 paisas), the abbasi ( rupee or 20 paisas), the kran or qiran ( rupee or 30 paisas), the tilla and later the amani (both of 10 rupees), an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Historical Money Of Tibet
The use of historical money in Tibet started in ancient times, when Tibet had no coined currency of its own. Bartering was common, gold was a medium of exchange, and shell money and stone beads were used for very small purchases. A few coins from other countries were also occasionally in use. Coins were first used in a more extensive way in the 17th century: these were silver coins supplied by Nepal. There were however various difficulties with this system. In 1763-64 and 1785, the first silver coins were struck in Tibet. In 1792 the first mass-produced silver coins were created under joint Qing dynasty, Chinese and local Tibetan authority. Coins bearing Tibetan inscriptions only were subsequently replaced by issues which had Chinese and Tibetan legends. This lasted until the 1830s. In 1840, purely Tibetan coinage was struck under Tibetan authority, and this coinage continued being made until 1954, with only two short interruptions when Tibet (1912–1951), Sino-Tibetan coins were ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Gulf Rupee
The Gulf rupee () was the official currency used in the British protectorates of the Arabian Peninsula that are around the Persian Gulf between 1959 and 1966 (1970 Oman). These areas today form the countries of Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates. It was issued by the Government of India and the Reserve Bank of India and was equivalent to the Indian rupee. History To the middle of the 20th century, the Indian rupee was also used as the official currency in the emirates on the eastern Arabian Peninsula, namely Kuwait, Bahrain, Qatar, the Trucial States, and Oman. That meant, in effect, that the Indian rupee was the common currency in those territories as well as in India. The Indian rupee was pegged to the British pound at a rate of 13 Indian rupees = 1 pound. The Government of India had complained of gold traffickers in the Gulf region whose base of operations was constantly being broadened, especially in Kuwait, Bahrain and Dubai. Smugglers used to take ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nepalese Rupee
The Nepalese rupee (; currency sign, sign: रु; ISO 4217, code: NPR) is the official currency and legal tender of Nepal. It is also sometimes abbreviated as N₨ or Re./Rs. informally. The rupee is subdivided into 100 paisa, although coins of lower denominations are rarely used today. It is issued and regulated by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932, replacing the silver-based mohar at a rate of 2 mohar = 1 rupee. Since 1994, it has been officially fixed exchange rate, pegged to the Indian rupee at a rate of रु1.60 = ₹1, having previously been pegged at रु1.45 = ₹1. , the Nepalese rupee is accepted for domestic transactions only within Nepal and is not legally circulated outside its borders. Foreign exchange is regulated by the central bank and subject to strict limits. History The rupee was introduced in 1932, replacing the silver Nepalese mohar, mohar at a rate of 2 mohar = 1 rupee. At first, the rupee was ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Seychellois Rupee
The rupee is the currency of the Seychelles. It is subdivided into 100 ''cents''. In the local Seychellois Creole (Seselwa) language, it is called the ''roupi''. The ISO code is SCR. The abbreviation SR is sometimes used for distinction. By population, Seychelles is the smallest country to have an independent monetary policy. Several other currencies are also called rupee. Banknotes British colony The British Legislative Council authorised the establishment of a Board of Commissioners of Currency through the Paper Currency Ordinance of 1914, which was enacted by C. R. M. O'Brien, the Governor of the Colony of the Seychelles on 10 August 1914. In 1914, the government produced emergency issues of notes for 50c, Re. 1/-, Rs. 5/- and Rs. 10/-. Standard issue notes began to be issued in 1918, with notes for 50c and Re. 1/-, followed by Rs. 5/-, Rs. 10/- and Rs. 50/- in 1928. The 50c and Re. 1/- notes were issued until 1951 and phased ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Burmese Rupee
The rupee was the currency of Burma (now Myanmar) between 1852 and 1952, except for the years 1943–1945. History When Burma was conquered by the British, the Indian rupee replaced the kyat at par. From 1897, the government of India issued notes in Rangoon of the same general type as were issued in India but featuring languages used in Burma rather than those of India. In 1917 and again from 1927, Indian notes were overprinted for use in Burma. When Burma became a separate colony in 1937, a separate issue of paper money was made for use only in Burma but no separate coinage was issued. When the Japanese invaded Burma in 1942, they introduced a new currency: the rupee, divided into 100 ''cents''. This currency was only issued in paper form. The rupee was replaced by the kyat in 1943. In 1945, the Japanese occupation currency was declared worthless and Burma reverted to using Indian coinage and its own rupee paper money, with the pre-war value of the Burmese rupee restored. Fo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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German East African Rupie
The was the currency of German East Africa between 1890 and 1916, continuing to circulate in the Tanganyika Territory until 1920. History The Indian rupee was the dominant currency used along the East African coast during the second half of the 19th century where it had marginalized the American gold dollar and the Maria Theresa thaler. The German East Africa Company acquired rights to mint coinage in 1890 and issued rupies which were equivalent to the Indian and Zanzibar rupee. The Company retained its coinage rights even after the takeover of German East Africa by the government later in 1890. In 1904 the German government took over currency matters and established the Ostafrikanische Bank. The Rupie was initially equivalent to the Indian rupee. Until 1904, it was subdivided into 64 ''Pesa'' (equivalent to the Indian ''pice'' or ''paisa''). The currency was decimalized on 28 February 1904, with 1 Rupie = 100 '' Heller,'' which was then adapted into the Swahili language as the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Rupiah
The rupiah (Currency symbol, symbol: Rp; ISO 4217, currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, (). Sometimes, Indonesians also informally use the word ( in Indonesian language, Indonesian) in referring to rupiah in coins. The rupiah is divided into 100 Cent (currency), cents (), although high inflation has rendered all coins and banknotes denominated in cents obsolete. The rupiah was introduced in 1946 by Indonesian nationalists Indonesian National Revolution, fighting for independence. It replaced the Japanese government-issued currency in the Dutch East Indies, Japanese-issued version of the Netherlands Indies gulden which had been introduced during the Japanese occupation of the Dutch East Indies, Japanese occupation in World War II. In its early years, the rupiah was used in conjunction with other currencies, including a new version of the gulden introduced by the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |