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The 1939 rupee is the most expensive rupee, as after 1939 all silver coins effectively became less pure, due to the shortage of silver during World War II. The 1947 rupee, half rupee, quarter rupee and anna coins are also of special interest to collectors, since that was the last year British issued coins were circulated in India.
The Japanese government-issued rupee in Burma was a Japanese invasion money issued by the Japanese Military Authority, as a replacement for local currency during the Japanese occupation of Burma in the Second World War. The Japanese invaded Burma in January 1942. They conquered Mandalay on 21 May 1942, forcing the British to retreat into India ...
There was a coin of one anna, and also half-anna coins of copper and two-anna pieces of silver. [2] With the rupee having been valued to 1s 6d [3] and weighing 180 grains as a 916.66 fine silver coin, [4] the anna was equivalent to 9/8 d (one penny and half a farthing). Hence the 2 anna silver coins were of low weight (22.5 grains = 1.46 g).
The basic unit of currency was the Indian rupee, which was itself divided into annas (16 annas to a rupee) and pice (the old spelling of paisa – 64 pice to a rupee). [9] The lowest-denomination Indian coins, the half-pice (128 to a rupee) and the pie (192 to a rupee) were officially demonetized in 1947; while both denominations had continued ...
Face value and year of minting The Indian Three paise ( Hindi : तीन पैसे ) (singular: Paisa ), is a former denomination of the Indian Rupee . The 3 coin equals 3 ⁄ 100 of the Indian Rupee.
The Indian rupee was a silver-based currency during much of the 19th century, which had severe consequences on the standard value of the currency, as stronger economies were on the gold standard. During British rule, and the first decade of independence, the rupee was subdivided into 16 annas .
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 highest face value issued was the '1/2 rupee'. While there had been plans to introduce 'One Travancore Rupee', this was never done. [1] The half-rupee and the quarter-rupee remained the highest values issued for circulation. The Travancore Rulapee was issued until 1946 CE (1121 M.E. or Malayalam Era), remaining in circulation till 1949. It ...