The Indian rupee is the official currency of India and its issuance is controlled by the Reserve Bank of India. In the past, higher denomination notes of 10,000 and 5,000 rupees existed but were demonetized. Coins contain symbols below the year of issue specifying their origin mint, such as a dot for Noida and diamond for Mumbai. At one point, India used both the Indian and Hyderabad rupees. In its early days, Pakistan used Indian currency stamped with "Pakistan". Different denominations of currency notes depict various aspects of Indian history, culture, and development.
2. The Indian rupee is the
official currency of the Republic of India.
The issuance of the currency is
controlled by the Reserve Bank of India.
3. 1000 is the largest
denomination of today, but
before independence 10,000
and 5000 rupees currency notes
existed. RBI demonetized all
such notes in 1938, and reissued
them in 1954 and once again
demonetized them in 1978.
4. You have noticed the year
of issue on a coin, but have
you ever noticed the
different symbols below the
year? These symbols are
actually specifying where
they originated.
5. Noida have a dot
Mumbai have a
diamond
Hyderabad have a star
Kolkata Nothing
beneath the year
6. At one point there were two currencies
operating in India. It was Hyderabad Rupee
from 1918 to 1959. It coexisted with Indian
rupee from 1950.
7. When Pakistan was in its infancy
after India-Pak separation in
1947, they used Indian currency
with "Pakistan" stamped on it for
the first few months till there was
enough circulation of Pakistani
notes.
8. The First 1 Rupee Notes
were issued on 30th
November, 1917
bearing photo of King
George V. These were
issued in a form of
unstapled packet of 25
notes, printed on White
hand-made moulded
paper and signed by
any of the 3 signatories
who were M. M. S.
Gubbay, A. C. Mc
Watters & H. Denning.
9. A major difference between the one rupee note
and other notes are that all RBI notes have the
statement I promise to pay the bearer a sum of
xxx rupees but one rupee note does not have
this statement.
10. Gandhis facial image in Indian Notes was a photo shot. The real
picture was taken in 1946 by an unknown photographer.
That picture had been developed into a mirror image and
then the same has been imaged in the Indian Rupee
currencies.
11. Because of the
increasing
demand for
coins, the
Indian
government
minted coins in
foreign
countries at
various points
in the country's
history.
12. Diamond mark
under the date
1998.
A five pointed star
under the date of
the coin exactly
below the first or
last digits of dates.
(Royal Mint, UK) -
A small dot under
the date of the
coin but exactly
below the first
digit of date.
BIRMINGHAMSEOULPRETORIA
13.
Ornamental/
decorated letter
"H" under the
last digit of the
date .
"C" mint mark under
the date of the coin.
"M" mint mark under
the date of the
coin.
BIRMINGHAMOTTAWAHEATON PRESS
14. 1000 note: It was reissued in
2000. It depicts modern India.
15. 500 note: It was reissued in
1987. It shows Dandi March
(11 statues).
16. 100 note: It depicts
Himalayan range (non-living
ecology).