The Currency Directory

Indian Rupee (INR)

The Indian Rupee is issued by the Reserve Bank of India.

Alphabetic code
INR
Numeric code
356
Symbol
₹
Minor units
2
Example
₹1,234.50
Used in
India

History

  1. 1957 The rupee is decimalised and divided into 100 paise, first called naye paise.
  2. 1991 The rupee is devalued in two steps on 1 and 3 July, by about 18 percent in total against the US dollar.
  3. 2016 The 500 and 1,000 rupee notes cease to be legal tender from 8 November.

Live exchange rates

Sources