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The Indian 1-rupee note (₹1) is made up of hundred 100 paise as ₹1 = 100 paise. Currently, it is the smallest Indian banknote in circulation and the only one being issued by the Government of India , as all other banknotes in circulation are issued by the Reserve Bank of India .
Like the other Indian rupee banknotes, the ₹ 1000 banknote had its value written in 17 languages. On the obverse, the denomination was written in English and Hindi . On the reverse is a language panel which displayed the denomination of the note in 15 of the 22 official languages of India , displayed in alphabetical order.
The Indian 500-rupee banknote (₹500) is a denomination of the Indian rupee. In 1987, the ₹500 note was introduced, followed by the ₹1,000 note in 2000 while ₹1 and ₹2 notes were discontinued in 1995. The current ₹500 banknote, in circulation since 10 November 2016, is a part of the Mahatma Gandhi New Series.
The Central Bank of Chile announced the redesigned 2000 Pesos that went into circulation on 20 November, as a program to change the old designs and make them more secure. [59] Canada: November 2011 The Bank of Canada introduced the Frontier Series $100 polymer banknote to modernise its currency and reduce counterfeiting.
Generally, the paper used is different from ordinary paper: it is much more resilient, resists wear and tear (the average life of a paper banknote is two years), [9] and also does not contain the usual agents that make ordinary paper glow slightly under ultraviolet light. Unlike most printing and writing paper, banknote paper is infused with ...
Charles Canning, 1st Earl Canning first introduced paper currency in Indian subcontinent in 1861 officially. India has a rich tradition of financial instruments and hundi . In the modern sense, paper currency was introduced in India in the last half of the eighteenth century when private and semi-public banks began to introduce currency.
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The Indian 5-rupee note (₹5) is the second smallest Indian note in circulation. The Reserve Bank of India introduced the 5 rupee banknote as part of the Mahatma Gandhi Series in 1996. [ 1 ] The printing of notes in the denominations of ₹5 , however, has been discontinued [ citation needed ] as these denominations have been coinised but ...