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4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. Toggle Stabilized arrangement subsection. 5.1 US dollar as exchange rate anchor.
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 rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). [4] Sometimes, Indonesians also informally use the word perak (' silver ' in Indonesian) in referring to rupiah in coins.
Indian rupee ₹ INR Paisa = 1 ⁄ 100 rupee 83.588512 1540 no modern predecessor Indonesia Indonesian rupiah: Rp IDR Sen = 1 ⁄ 100 rupiah 15,087.082 1949 Netherlands Indies gulden Maldives Maldivian rufiyaa: Rf, MRf, MVR, .ރ or /- MVR Laari = 1 ⁄ 100 rufiyaa 15.416997 1945 Ceylonese rupee Mauritius Mauritian rupee ₨, रु MUR Cent = 1 ...
Indian rupee; Indonesian 1,000-rupiah coin; Indonesian 2,000 rupiah note; ... This page was last edited on 12 September 2020, at 20:16 (UTC).
Indian rupee (INR) Hindi ... (IDR) Indonesian: Head of State: Prabowo Subianto: 6 January 2025 ... [20] Notes See also. Member states of the Shanghai Cooperation ...
A ₹200 note, also a first for the Indian Rupee, is currently in circulation. 2023 Currency recall. In May 2023, the Reserve Bank of India started withdrawing the ₹2,000 notes from circulation. [19] [20] The ₹2,000 bank note which was introduced in 2016 however, will remain in legal tender until September 2023 according to RBI.