mind blowing facts about indian currency

INDIAN CURRENCY

Some lesser known & mind blowing facts!!

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.

₹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.

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.

Noida – have a dot Mumbai – have a

diamond Hyderabad – have a

star Kolkata – Nothing

beneath the year

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.

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.

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.

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.

Gandhi’s 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.

Because of the increasing

demand for coins, the

Indian government minted coins

in foreign countries at

various points in the

country's history.

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

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

₹1000 note: It was reissued in 2000. It

depicts modern India.

₹500 note: It was reissued in 1987. It

shows Dandi March (11 statues).

₹100 note: It depicts Himalayan range (non-

living ecology).

₹50 note: It depicts  Parliament.

₹20 note: It depicts living ecology.

₹10 note: It depicts wildlife.

₹5 note: It depicts agriculture (green

revolution).