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The rupee was introduced as a currency in the Indian subcontinent by Sher Shah Suri in the 16th century. He established the silver rupee, known as "Rupiya," which weighed 178 grains and served as a standard currency for trade and taxation. This system was further refined and adopted by subsequent rulers, including the Mughal Empire, leading to the widespread use of the rupee in the region. The concept of the rupee has since evolved but remains a key currency in India and several other countries.
What else can I help you with?
Who introduced a token currency of cheap metals?
The token coin currency of cheap metals was introduced by the Roman Empire.
What year was decimal currency introduced?
1971 in the UK.
What was the french currency called before?
Before the Euro was introduced in Europe, the French currency was measured in Francs.
What is the common currency introduced among 11 European nations?
euroThe common currency for the European Union (EU) is the Euro (EUR).
When was the currency introduced?
The question 'when was a decimal currency introduced' would not be answerable, because this is lost in the mists of time.However, the use of the words 'the decimal currency' indicates that the question refers to the conversion of the British pound (aka Pound Sterling) to decimal in 1971. The Brits are not known for being in a hurry to change things.
What is the Indian currency?
Indian currency is Rupee (Re).
What currency is uesd in india?
Indian Rupee, referred to as INR. They recently introduced a currency symbol as well, making it on par with the EUR, GBP, USD and Yen
Who introduced currency in India?
CURRENCY WAS FIRST INTRODUCED IN INDIA BY SHER SHAH (THE THEN AFGHAN RULER). "RUPEE" WORD WAS COINED BY HIM AND WAS ACCEPTED AS CURRENCY IN INDIA. UNTIL THEN, BARTER SYSTEM(EXCHANGE OF GOODS) WAS BEING USED TO BUY OR SELL. VENUGOPAL VADAPALLI
What is indias basic unit of currency?
The Rupee
What is the first currency usesing in qatar?
The first currency used in Qatar was the Indian rupee, which was prevalent during the 19th century when Qatar was part of the British Indian Empire. In 1973, Qatar introduced its own currency, the Qatari riyal, which replaced the Indian rupee and has since been the official currency of the country. The riyal is subdivided into 100 dirhams.
What is the value of kuwaiti dinar currency in Indian rupee?
What is the value of kuwaiti dinar currency in indian rupee?
How is the basic monetary unit divided in India?
The currency of India is the Indian rupee.
What is the currency in Mumbai?
rupee
What currency is R.s?
The symbol Rs stands for the rupee, which is the currency of India. Often Rp is also used to denote the Indian rupee.
What currancy do Indian use?
Indians use the currency rupee. The transactions are made in this currency only.
What is the currency used in Mumbai?
Mumbai is in India. The currency is the rupee.
What is the name of the currency in India?
rupee
