The Hindustani word rupyā is derived from the Sanskrit word rūpya ( रूप्य), which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". The Mauritian, Seychellois, and Sri Lankan rupees subdivide into 100 cents. The Nepalese rupee (रू) subdivides into one hundred paisa (singular and plural) or four sukaas. The Indian rupees ( ₹) and Pakistani rupees ( Rs. ) are subdivided into one hundred paise (singular paisa) or pice. In Indonesia and the Maldives, the unit of currency is known as rupiah and rufiyaa respectively, cognates of the word rupee. India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, Burma, German East Africa (as Rupie/Rupien), and Tibet.
Rupee is the common name for the currencies of Orange: Countries where a foreign country's rupee is legal tender India, Indonesia, Maldives, Mauritius, Nepal, Pakistan, Seychelles, Sri Lanka – Trade with other countries in that currency List of Few World Currencies where Indian Currency is StrongerĨ.Purple: Countries using a rupee as an official currency – Central Bank’s Interest Rate (In India, it is RBI’s interest Rates) For example, an interbank exchange rate of 49.90 INR to the New Zealand Dollar means that ₹49.90 will be exchanged for each 1 NZ$ or that 1 NZ$ will be exchanged for each ₹49.90. Source: xe.com (Rates as on 18th Dec 2022)Ĭurrency exchange rate is the value of one country’s currency with respect to other currency or the rate at which one currency will be exchanged for another.
Asian Currencies vs Indian Currency Exchange Rate Country There may be variance in rates and prices. So, we have compiled a list of all major currencies and compared them with the current currency exchange rate in India.ĭ isclaimer: The currency rates are sourced from Xe.com, Google and BookMyForex rate Chart. As it will help you in making a wise decision when you want to buy or sell Indian Rupees. So, it is extremely important for a regular traveller outside India or if you are a Non-Resident Indian (NRI) to compare the currency rate in India with other world currencies. In the last few quarters, Indian Rupee has lost value against the likes of USD but has also gained against other currencies.
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