3.30.
According to reports, the exchange rate was pegged to pound sterling at Rs. 13.33 or Rs. 4.75/dollar in September 1949. This was remained unchanged till June 1966, when the rupee was devalued by 36.5% to Rs.
1 USD to INR Rates From 1947 to 2020.
| Year | Exchange rate(INR per USD) |
|---|---|
| 1947 | 3.30 |
| 1949 | 4.76 |
| 1966 | 7.50 |
| 1975 | 8.39 |
What was the value of 1 rupee in 1950?
Mintage, Worth:
| Year | Mark | Value, USD |
|---|---|---|
| 1954 | ♦ | $ 17.25 |
| 1950 | ♦ | $ 5.51 |
When was 1 dollar is equal to 1 rupee?
15th August 1947
On 15th August 1947 the exchange rate between Indian rupee and US Dollar was equal to one (i.e., 1 $= 1 Indian Rupee). In terms of currencies, the exchange rate was pegged to pound sterling at Rs.
What was the value of USD to INR from 1947 till 2018?
The US dollar was worth ₹3 in 1947 not 1, and ₹69.9 in 2018.
What was the value of 1 rupee in 1917?
When it was issued in 1917, Re1 was equal to 10.7 gms of silver. Taking into consideration the present value of silver — Rs390 for 10 grams — numismatists estimate that over its 100-year life, the value of Re1 has depreciated around 400 times. Although Re1 currency notes are still around, coins are more common.
What was the value of 1 rupee in 1920?
Mintage, Worth:
| Year | Mark | Value, USD |
|---|---|---|
| 1920 | ♦ | $ 24.66 |
| 1919 | $ 19.96 | |
| 1919 | ♦ | $ 18.30 |
What was the value of 1 rupee in 1980?
Value of Rupee over time (by year)
| Period | Value |
|---|---|
| 1979 | 368.21 |
| 1980 | 409.99 |
| 1981 | 463.75 |
| 1982 | 500.34 |
What was a pound worth in 1947?
The British pound has lost 98% its value since 1947
£100 in 1947 is equivalent in purchasing power to about £4,169.12 today, an increase of £4,069.12 over 75 years. The pound had an average inflation rate of 5.10% per year between 1947 and today, producing a cumulative price increase of 4,069.12%.
What was the value of 1 rupee in 1970?
Value of Rupee over time (by year)
| Period | Value |
|---|---|
| 1970 | 100 |
| 1971 | 103.08 |
| 1972 | 109.72 |
| 1973 | 128.31 |
What was the value of USD to PKR from 1947 till 2020?
In 1947, 1 Sterling Pound is equal to 13.13 Pakistani rupee. At that Time, 1 Sterling Pound is equal to 4.03 US Dollars. So if we convert Pakistani rupee to USD according to Sterling Pound, 1 USD to PKR in 1947 was equal to Rs 3.31.
What was the value of 1 rupee in 1998?
Information:
| Krause number | KM# 92.2 |
|---|---|
| Denomination | 1 rupee |
| Currency rate | 1 INR = 0.01 USD |
| Year | 1998 |
| Period | Republic of India (1957 – 2021) |
What was the value of 1 rupee in 2005?
Mintage, Worth:
| Year | Mark | Value, USD |
|---|---|---|
| 2005 | $ 0.51 | |
| 2005 | * | $ 0.58 |
| 2005 | ° | $ 0.38 |
What was the value of 1 rupee in 1990?
Value of Rupee over time (by year)
| Period | Value |
|---|---|
| 1990 | 100 |
| 1991 | 113.87 |
| 1992 | 127.29 |
| 1993 | 135.35 |
When was Indian rupee more than dollar?
In 2016, the USD to INR hit a record with 1 USD = 68.77 INR, the highest rate at that time. The global economic crisis following the coronavirus pandemic in 2020 contributed to the depreciation of the exchange rate to hit a record low which was 1 USD = 76.67 INR (March).
When did rupee started In India?
The history of the Indian rupee traces back to ancient India in circa 6th century BCE, ancient India was one of the earliest issuers of coins in the world, along with the Chinese wen and Lydian staters.
When was first Indian rupee printed?
The introduction of small denomination notes in India was essentially in the realm of the exigent. Compulsions of the first World War led to the introduction of paper currency of small denominations. Rupee One was introduced on 30th November, 1917 followed by the exotic Rupees Two and Annas Eight.
What was the value of 1 rupee In 1850?
1800s
| [show]Indian silver rupee value (1850–1900) | ||
|---|---|---|
| Year | Exchange rate (pence per rupee) | Melt value (pence per rupee) |
| 1850 | 24.3 | 22.7 |
| 1851 | 24.1 | 22.7 |
| 1852 | 23.9 | 22.5 |
Why was the 1966 rupee devalued?
The 1966 devaluation was the result of the first major financial crisis the government faced. As in 1991, there was significant downward pressure on the value of the rupee from the international market and India was faced with depleting foreign reserves that necessitated devaluation.
Why was the 1991 rupee devalued?
India had to go for a devaluation of the Indian rupee because India was facing a massive economic crisis. India had very limited foreign reserves to carry out international trade for a few days. India was facing a balance of payment crisis.
What was the value of 1 rupee in 1992?
India inflation – Conversion table
| Initial Value | Equivalent value | |
|---|---|---|
| $1 rupee in 1992 | → | $6.84 rupees in 2021 |
| $5 rupees in 1992 | → | $34.2 rupees in 2021 |
| $10 rupees in 1992 | → | $68.39 rupees in 2021 |
| $50 rupees in 1992 | → | $341.95 rupees in 2021 |
What was the value of 1 rupee in 2010?
Value of Rupee over time (by year)
| Period | Value |
|---|---|
| 2010 | 100 |
| 2011 | 108.86 |
| 2012 | 119 |
| 2013 | 131.98 |
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