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The Indian 1-rupee coin (₹1) is an Indian coin worth one Indian rupee and is made up of a hundred paisas. Currently, one rupee coin is the smallest Indian coin in circulation. Since 1992, one Indian rupee coins are minted from stainless steel. Round in shape, the one rupee coins weighs 3.76 grams (58.0 grains), has a diameter of 21.93 ...
In 2004, RBI issued a series in denominations of 1 rupee, followed by 2 rupee and 10 rupee in 2005. These issues however came into circulation in 2006, and created a controversy over their design. 10 rupee coins were the first bimetallic coins issued in India, and because of the controversy ( see below ) and being minted in only one mint, most ...
Since the Bronze Age, ratti (0.11 or 0.12 gram) or the weight of the Gunja seeds have been used as a base unit for the measurement of mass in the Indus Valley civilization, the smallest weight of Indus was equal to 8 rattis (0.856 gram) and the binary system was used for the multiple of weights for instance 1:2:4:8:16:32, the 16th ratio being ...
At the end of 1969, the Indian Rupee was trading at around 13 British pre-decimal pence (1s 1d), or Rs. 18 = £1. A decade later, by 1979, it was trading at around 6 British new pence (6p). Finally, by the end of 1989, the Indian Rupee had plunged to a then-all-time low of about four British pence (4p).
All three Presidencies issued gold mohurs and fractions of mohurs including 1 ⁄ 16, 1 ⁄ 2, 1 ⁄ 4 in Bengal, 1 ⁄ 15 (a gold rupee) and 1 ⁄ 3 (pancia) in Bombay and 1 ⁄ 4, 1 ⁄ 3 and 1 ⁄ 2 in Madras. In 1835, a single coinage for the EIC was introduced. It consisted of copper 1 ⁄ 12, 1 ⁄ 4 and 1 ⁄ 2 anna, silver 1 ⁄ 4, 1 ...
French East India Company-issued "Gold Pagoda" for Southern India trade, cast in Pondicherry 1705–1780.. The pagoda, also called the hoon, [1] was a unit of currency, a coin made of gold or half-gold minted by Indian dynasties as well as the British, the French and the Dutch.
Gold mohurs issued by the Mughal Empire, the British East India Company or the British Crown are valuable collector items and sell in auctions for high prices. The double mohur (minted between 1835 and 1918) with a value of 30 rupees is the highest denomination circulating coin issued till date.
The coin was first introduced by Sher Shah Suri during his rule of India between 1540 and 1545, along with Mohur, the gold coin and Rupiya the silver coin. [1] Later on, the Mughal Emperors standardised the coin along with other silver and gold coins in order to consolidate the monetary system across India. A rupee was divided into 40 dams.