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4.3 Rand as exchange rate anchor. ... 4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. ... Philippines Romania ...
The official currency of India is the Indian rupee (INR). Currently the Reserve Bank of India issues the Mahatma Gandhi series and the Mahatma Gandhi New Series banknotes. The motifs used in it are:
South African rand: R ZAR Cent: 100 Nauru: Australian dollar $ AUD Cent: 100 Nepal: 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 ...
Purchasing power parity (PPP) [1] is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currencies. PPP is effectively the ratio of the price of a market basket at one location divided by the price of the basket of goods at a different location.
The 1978 series began with denominations of 2, 5, 10, and 20 rand, with a 50 rand introduced in 1984. This series had only one language variant for each denomination of note. Afrikaans was the first language on the 2, 10, and 50 rand, while English was the first on the 5 and 20 rand. A coin replaced the 1 rand note.
Countries in Africa are sorted according to data from the International Monetary Fund. [1] The figures presented here do not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency. [2]
India – $2.54 (209 INR) Egypt – $2.62 (81.00 EGP) South Africa – $2.81 (49.90 ZAR) Philippines – $2.82 (155 PHP) Six fastest earned (July 2015) This statistic shows the average working time required to buy one Big Mac in selected cities around the world in 2015. [34] Hong Kong – 8.6 min Luxembourg – 10.3 min Japan, Tokyo – 10.4 min
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.