the princely states to the new Union, the Indian rupee replaced all the currencies of the previously autonomous states (although the Hyderabadi rupee was not demonetised until 1959). Retrieved "1 USD to INR in 1947 to 2018 (Till Date. The RBI introduced the series in 1996 with 10 and 500 banknotes. In 1835, a single coinage for the EIC was introduced. "Coins of 25 paise and below will not be Legal Tender from June 30, 2011 : RBI appeals to Public to Exchange them upto June 29, 2011". The Revised Standard Reference Guide to Indian Paper Money.
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32-12-4 per tola." 28 "In the autumn of foreign exchange translation reserve accounting 1917 (when the silver price rose to 55 pence). The move was prompted by the melting-down of older coins, whose face value was less than their scrap value. Retrieved External links edit). The Reserve Bank of India began banknote production in 1938, issuing 2, 5, 10, 50, 100, 1,000 and 10,000 notes while the government continued issuing 1 note but demonetized the 500 and 212 notes. Retrieved "Withdrawal of Currencies Issued Prior to 2005". 1800s edit indian silver rupee value year exchange rate melt value (pence per Rupee) (pence per Rupee) 1850.3.7 1851.1.7 1852.9.5 1853.1.8 1854.1.8 1855.2.8 1856.2.8 1857.6.9 1858.7.8 1859. Retrieved "RBI Master Circular on Export of Goods and Services". The obligation on the part of the Bank is to exchange a banknote for coins of an equivalent amount." 59 Chronology edit 1991 India began to lift restrictions on its currency.