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The Sri Lankan Rupee (Sinhala: රුපියල්, Tamil: ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents ( Sinhala : සත , Tamil : சதம் ), but cents are rarely seen in circulation due to their low value.
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 ...
The Central Bank of Sri Lanka has issued commemorative coins since 1957. On 15 December 2010, the Central Bank of Sri Lanka issued a Frosted Proof crown size multi-colour silver commemorative coin in the denomination of Rupees 5000 for the bank's 60th anniversary. [ 1 ]
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...
The first rupee coins of the Republic of India were minted in 1950. [3] These included ₹1/2, ₹1/4, 2 anna, 1 anna, 1/2 anna & 1 pice coins, and are referred to as the anna series or pre-decimal coinage. Under the anna series, one rupee was divided into 16 annas or 64 pice, with each anna equal to 4 pice.
The Central Bank of Sri Lanka has issued two commemorative notes. In 1998 a 200 rupees note was issued on Independence day to commemorate the 50th Independence Anniversary of the country. The note was issued along with three commemorative coins; a five thousand rupees gold coin, a one thousand rupees silver coin, and a ten rupees bi-metallic coin.
Indian rupee coin minted in 1884 and made of 91.7% silver. The Board of Commissioners of Currency of Ceylon was the currency board of the British colony of Ceylon which functioned from 1884 to 1950, when its functions were transferred to the Monitory Board of the Central Bank of Ceylon .
The Rupee evolved from the Indian Rupee, when in 1929 a new Ceylon Rupee was formed when it was separated from the Indian Rupee. [15] In 1950, the Currency Board, set up in 1872 as a part of the Indian monetary system, was replaced by the Central Bank of Ceylon, granting the country greater control over the currency. In 1951, the Central Bank ...