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Currency Value

The currency of India is Indian Rupee, abbreviated as INR or Rs. The issuance of the currency is controlled by the Reserve Bank of India.

Post demonetization that happened in December 2016, there is a ban on Rs. 1000 notes and Rs. 2000 notes have been brought into circulation. Currently one can find notes in denominations of 5,10,20,50,100,500 and 2000. Coins are also available in denominations of 1, 5 and 10.

A tentative value for Indian Rupee against some common currencies are as under :

 Name of Currency

Currency (1 UNIT)

   Rate in INR

 Euro

EUR

70

 US Dollar

USD

64

 British Pound

GBP

83

 Australian Dollar

AUD

48

Canadian Dollar

CAD

46

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