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)
What is Australian Dollar Selling rate in India?
After more than two hundred years of British rule, India became a sovereign independent nation on 15th August, 1947.
Pramilla- First Miss India in 1947.
India was controlled by Great Britian.
in August 14th 1947 India became independent!
Around $12.
In 1947, the exchange rate for one US dollar (USD) was approximately 3.3 Indian Rupees (INR). This was the period just after India gained independence, and the economy was significantly different from today. The value of currency has changed dramatically since then due to inflation and economic developments.
low value of $ in INR is good for india's economy
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.
India got inedependence in 1947.
In average circulated condition, all Walking Liberty halves from 1940 to 1947 are very common with values of $14.00-$15.00.
Please check your bill again and post a new, separate question. No US bills are dated 1947.
The country of India uses the rupee as currency. Its value is approximately equal to 0.017 of the United States dollar.
The US does not make mini-half dollars. Your coin is a novelty item.
Well, since you want to know, 1 dollar is equal to 49 rupees.
The country of India uses the rupee as currency. Its value is approximately equal to 0.017 of the United States dollar.
Please check again and post a new question. The US didn't print any bills dated 1947.