Rupee is the name given to the official currency that is used in
several Countries including India, Bhutan, Pakistan, Sri lanka, Nepal,
Mauritius, Maldives& Indonesia. Among all the Countries mentioned above,
the Indian Rupee is the most important with respect to Value, Preference &
Popularity.
The
Indian Rupee symbol is an amalgam of both Devanagari consonant "र" (Ra)
& the Latin (R) without the vertical bar. The word "Rupee" was derived from
the Sanskrit word rūpyakam, which means "wrought silver, a coin of
silver". The history of the Indian rupee traces back to Ancient
India in circa 6th century BC, ancient India was one of the earliest issuers of
coins in the world, along with the Chinese Wen and Lydian staters. The values
of the subdivisions of the rupee during British rule (and in the first decade
of independence) were:- 1 rupee = 16 anna (later 100 naye paise)
- 1 artharupee = 8 anna, or 1/2 rupee (later 50 naye paise)
- 1 pavala = 4 anna, or 1/4 rupee (later 25 naye paise)
- 1 beda = 2 anna, or 1/8 rupee (later equivalent to 12.5 naye paise)
- 1 anna = 1/16 rupee (later equivalent to 6.25 naye paise)
- 1 paraka = 1/2 anna (later equivalent to 3.125 naye paise)
- 1 kani (pice) = 1/4 anna (later equivalent to 1.5625 naye paise)
- 1 damidi (pie) = 1/12 anna (later equivalent to 0.520833 naye paise)
In 1957, the
rupee was decimalised and divided into 100 naye paise (Hindi for
"new paise"); in 1964, the initial "naye" was dropped. Many
still refer to 25, 50 and 75 paise as 4, 8 and 12 annas respectively, similar
to the usage of "two bits" in American English for a quarter-dollar.
The parallel lines at the top (with white space between them) are
said to make an allusion to the tricolor Indian flag and also depict an
equality sign that symbolizes the nation's desire to reduce economic disparity.
The final selected symbol was designed by D. Udaya Kumar, a Bachelor
of Architecture and visual design student at the Industrial Design Centre, IIT
Bombay.
|
Value
|
Diameter
(in mm) |
Mass
(in grams)
|
Composition
|
First produced (in year)
|
|
50 paise
|
19
|
3.79
|
Ferritic
stainless steel
|
2011
|
|
50 paise
|
22
|
3.79
|
Ferritic
stainless steel
|
2008
|
|
1
|
25
|
4.85
|
Ferritic
stainless steel
|
1992
|
|
1
|
25
|
4.85
|
Ferritic
stainless steel
|
2007
|
|
1
|
22
|
3.79
|
Ferritic
stainless steel
|
2011
|
|
2
|
27
|
5.62
|
Ferritic
stainless steel
|
2007
|
|
2
|
25
|
4.85
|
Ferritic
stainless steel
|
2011
|
|
5
|
23
|
9
|
Cupro-Nickel
|
1992
|
|
5
|
23
|
6
|
Ferritic
stainless steel
|
2007
|
|
5
|
23
|
6
|
Brass
|
2009
|
|
5
|
23
|
6
|
Nickel-
Brass
|
2011
|
|
10
|
27
|
5.62
|
Bimetallic
|
2006
|
|
10
|
27
|
5.62
|
Bimetallic
|
2011
|
|
2
|
26
|
6
|
Cupro-Nickel
|
1982
|
Note:
·
The 
2, produced in the year 1982 had eleven sides.
2, produced in the year 1982 had eleven sides.
·
On every face of the coin the Emblem of India symbol have been adopted.
