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For example: 150,000 rupees is "1.5 lakh rupees" which can be written as "1,50,000 rupees", and 30,000,000 (thirty million) rupees is referred to as "3 crore rupees" which can be written as "3,00,00,000 rupees". There are names for numbers larger than crore, but they are less commonly used.
Anchor currencies: Swiss franc (equal in value, but not pegged) and United States dollar (pegged $1 = 5.18 zł) To limit production costs of coins, only banknotes were printed until November 1924. To further limit such costs, 500,000-mark and 10,000,000-mark notes were cut in two and overprinted 1 GROSZ and 5 GROSZY in red.
The Bank for International Settlements provides detailed statistics of the worth of banknotes and coins for 18 major currencies used by the member states of the Committee on Payments and Market Infrastructures (CPMI). The table below shows the statistics as of 31 December 2016 in billions of US dollars using the exchange rate at the end of the ...
The data on exchange rate for Japanese Yen is in per 100 Yen.; The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate.; Data from 1971 to 1991–92 are based on official exchange rates.
Nepalese rupee: रु NPR Paisa: 100 Indian rupee ₹ INR Paisa: 100 Netherlands [F] Euro € EUR Cent: 100 New Caledonia: CFP franc ₣ XPF Centime: 100 New Zealand: New Zealand dollar $ NZD Cent: 100 Nicaragua: Nicaraguan córdoba: C$ NIO Centavo: 100 Niger: West African CFA franc: F.CFA XOF Centime: 100 Nigeria: Nigerian naira ₦ NGN Kobo ...
The Indian Rupee (symbol: ₹; code: INR) is the official currency of the Republic 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.
In June 2021, India's foreign exchange reserves crossed the US$600 billion mark for the first time. [17] [18] India's total forex reserves touched an all-time high of US$642.453 billion on 8 September 2021. [19] The reserves declined to $598.89 billion by 8 September 2023 [20] & rose to hit a fresh all time high of $642.63 in March 2024. [21]
This resulted in a decline in the dividend paid to the government from ₹658.76 billion in 2015–16 to ₹306.59 billion in 2016–17 and ₹500 billion in 2017–18. [ 67 ] [ 167 ] [ 168 ] It was estimated that this decrease in income for the government could cause the fiscal deficit for the financial year 2016–17 to increase from the ...