Wednesday, December 9, 2009

Indian Currencies

The rupee (code: INR) is the currency of India. The issuance of the currency is controlled by the Reserve Bank of India. The most commonly used symbols for the rupee are Rs. and रू. The ISO 4217 code for the Indian rupee is INR.

"The Indian currency is called the Indian Rupee (INR) and the coins are called paise. One Rupee consists of 100 paise. The Reserve Bank manages currency in India. The Government, on the advice of the Reserve Bank, decides on the various denominations. The Reserve Bank also co-ordinates with the Government in the designing of bank notes, including the security features."

Bank Notes:
The Reserve Bank of India has the sole authority to issue banknotes in India. Reserve Bank, like other central banks the world over, changes the design of banknotes from time to time.

The Reserve Bank has introduced banknotes in the Mahatma Gandhi Series since 1996 and has so far issued notes in the denominations of Rs.5, Rs.10, Rs.20, Rs.50, Rs.100, Rs.500 and Rs.1000 in this series.

Each banknote has its amount written in 17 languages (English & Hindi on the front, and 15 others on the back) illustrating the diversity of the country.

Contemporary Currency notes have 15 languages on the panel which appear on the reverse of the note.

"The Obverse Side of all Bank Notes got Mahatma Gandhi Picture."

One Thousand Rupee:
Size - 177mm X 73mm
Date of Issue - October 2000
Main Color - Amber-Red

The Obverse Side got Mahatma Gandhi Picture

The Reverse side of the note describes the ECONOMY OF INDIA.

Five Hundred Rupee:
Size - 167mm X 73mm
Year of Issue - 1997
Main Color - Olive and yellow

The picture in the reverse side of the note describes the DANDI MARCH

One Hundred Rupee:
Size - 157mm X 73mm
Year of Issue - 1996
Main Color - Blue-green at centre, brown-purple at 2 sides

The picture in the reverse side is 'The Himalayan Mountains'

Fifty Rupee:
Size - 147mm X 73mm
Year of Issue - 1997
Main Color - Violet

The backside Picture depicts the Parliament of India

Twenty Rupee:
Size -147mm X 63mm
Year of Issue - 2002
Main Color - Red-orange

The reverse side picture is Palm Trees

Ten Rupee:
Size - 137mm X 63mm
Year of Issue - 1996
Main Color - Orange-violet

The reverse side picture contains Rhinoceros, elephant, tiger

Five Rupee:

Size -117mm X 63mm
Year of Issue - 2002
Main Color - Green

The reverse side picture is Tractor

"Coins were issued in independent India in 1950"

Ten Rupee Coins
- The coin’s theme is "Unity in Diversity".
MetalBimetallic - Stainless Steel, Copper
Weight7.71 gms (Outer ring: 4.45 gms. and
Centrepiece: 3.26 gms.)
Diameter27 mm
Obverse3 Portions: Center- Emblem and prominent numerals 10, Top- India, Bottom- Year in Numerals
Contains Values and the Visuals showing stylised representation of "Unity in Diversity", a defining characteristic of our country. The symbol shall be seen as four heads sharing a common body.

Five Rupee Coins (New)
MetalFerritic Stainless Steel (FSS)
Weight6.00 gms
Diameter23 mm



Emblem of India, Value

Value, Wavy Lines
Five Rupee Coins (Old)
Weight9.00 gms
Diameter23 mm

Two Rupee Coins (New)
Metal Ferratic Stainless Steel
Weight 5.62 gms
Diameter 27 mm



Emblem of India, Value

Wavy lines, hands showing 2 fingers
Two Rupee Coins (Old)

Weight6.00 gms
Diameter26 mm
ShapeEleven Sided

One Rupee Coins

MetalFerratic Stainless Steel
Weight4.85 gms
Diameter25 mm

Fifty Paise

MetalFerratic Stainless Steel
Weight3.79 gms
Diameter22 mm

Twenty Five Paise
MetalFerratic Stainless Steel
Weight2.83 gms
Diameter19 mm

Ten Paise

MetalFerratic Stainless Steel
Weight2.00 gms
Diameter16 mm

1 comment:

  1. It's interesting post. I liked it.