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Since we were under British rule our rupee was pegged to pounds. From 1927 to 1966, it was 13 rupees = 1 pound. This was maintained until 1966, when the rupee was devalued and pegged to the U.S. dollar at a rate of 7.5 rupees = 1 dollar. This value lasted until the U.S. dollar devalued in 1971.

IN 1947 1 Rupee = 1$

Year Exchange rate

(rupees per US$)g 1913 0.08692307692 1925 0.10 1947 1 1952 5 1966 7.55 1975 10.409 1980 7.887 1985 12.369 1990 17.504 1995 32.427 2000 45.000 2006 48.336 2007 (Oct) 38.48 2008 (June) 42.51 2008 (October) 48.88 2009 (October) 46.37 2010 (January 22) 46.21 2011 (April) 44.17 2011 (September 21) 48.24 2011 (November 17) 55.3950 2012 (May 23) 56.25[9] 2012 (June 22) 57.15[10] 2013 (May 15) 54.73[11] 2013 (June 12) 58.500[12] 2013 (June 27) 60.73[13] 2013 (July 08) 61.21[14] (All-time low)

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10y ago
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12y ago

From the information given, it appears that you have a Y#557.1. Depending upon condition, the price ranges from it's bullion value (roughly $5.35), up to a collector's value of $20 (in perfect condition)

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11y ago

About 9 USD.

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13y ago

5000 rupees

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10y ago

1rupees

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Q: Dollar value in India in 1947?
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What is value of 1947 silver half dollar?

Around $12.


Should the value of 1 dollar in Indian currency be high or low to be good for India?

low value of $ in INR is good for india's economy


What happened 1947 in India?

India got inedependence in 1947.


When one rupee was equal to one dollar?

Never. Pakistani/Indian rupee was started in 1947. Don't know the exact value of rupees at that time, but it was not greater in value than the dollar.


What is the value of a 1947 US 10 dollar bill?

Please check your bill again and post a new, separate question. No US bills are dated 1947.


Value of a 1947 half dollar?

In average circulated condition, all Walking Liberty halves from 1940 to 1947 are very common with values of $14.00-$15.00.


What does India use?

The country of India uses the rupee as currency. Its value is approximately equal to 0.017 of the United States dollar.


What is the value of a 1947 mini half dollar?

The US does not make mini-half dollars. Your coin is a novelty item.


What is India's rupee present value to the US dollar?

Well, since you want to know, 1 dollar is equal to 49 rupees.


What currency does india use?

The country of India uses the rupee as currency. Its value is approximately equal to 0.017 of the United States dollar.


What is the value of a 1947 US 1 dollar silver certificate?

Please check again and post a new question. The US didn't print any bills dated 1947.


What is the value of 1927 1947 Canadian pennies?

In circulated condition, the 1927, 1930, and 1931 may be worth a dollar or two, but the rest have little or no added value.