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    The Indian rupee (symbol: ₹; code: INR) is the official currency in 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 manages currency in India and derives its role in currency management based on the … See more

    Pāṇini (6th to 4th century BCE) mentions rūpya (रूप्य). While Shankar Goyal mentions it is unclear whether Panini was referring to coinage, other scholars conclude that Panini uses the term rūpa to mean a piece of … See more

    British East India Company (EIC) was given the right in 1717 to mint coins in the name of the Mughal emperor Farrukhsiyar on the island of Bombay. By 1792 the EIC demonetised all … See more

    Post-independence issues
    After independence, new designs were introduced to replace the portrait of George VI. … See more

    Historic exchange rates
    Pre-Independence
    For almost a century following the Great Recoinage of 1816, and adoption of the Gold Standard, until the outbreak of World War I, the silver-backed Indian rupee lost its value against a … See more

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    The history of the Indian rupee traces back to ancient India around the 6th century BCE: ancient India was one of the earliest issuers of See more

    Post-independence issues
    Independent pre-decimal issues, 1950–1957
    India's first coins … See more

    Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange … See more

     
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    What is the national currency of India?The national currency of India is the Indian rupee. Its currency code is INR, and the rupee currency symbol is ₹. The Reserve Bank of India issues both coins and notes for different rupee denominations, as well as a 50 paise coin. There are 100 paise in one rupee.
    What is Indian currency called & what is its symbol?1. What is the Indian currency called and what is its symbol? The Indian currency is called the Indian Rupee (INR). One Rupee consists of 100 Paise. The symbol of the Indian Rupee is ₹. The design resembles both the Devanagari letter "₹" (ra) and the Latin capital letter "R", with a double horizontal line at the top.
    What currency do Indian coins come in?Indian coins come in 1, 2, 5, 10 rupee and 40 paisa. Use the Wise Indian rupee card to spend in Indian currency. The Wise Indian rupee travel money card lets you top up in your local currency, and switch to rupee to spend when you’re in India.
    What is the currency code for Indian rupees?The currency code for Rupees is INR, and the currency symbol is ₹. Below, you'll find Indian Rupee rates and a currency converter. The central bank in India is called the Reserve Bank of India. The INR is a managed float, allowing the market to determine the exchange rate.
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