The Rupee is calculated by the price raises of the Indian Rupee compared to the American Dollar. This is then calculated with a formula, giving the rate.
The demand and supply forces in the currency markets determine the rate of the rupee to the dollar. The currency is not fixed by a central bank.
Today, feb. 8 2008 one dollar has the value of 39.615 rupees. It also depends on what rupee you are talking about. Is it the Indian rupee or the Pakistani rupee?
one fifth of a rupee. There are 53.7 rupee to a dollar, and 100 paise to a rupee.
In 1845 the Indian Rupee was not that different in value compared to the USA dollar.
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Us 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.
1 U.S. dollar = 46.8999156 Indian rupees
39.89
ya sure
39015049.3 rupees