Rupaiya To Rupee: 8 Facinating Facts You Probably Didn't Know


BENGALURU: One of the goals of India today, is to elevate the value of the Indian Rupee as against the U.S. Dollar. It is ironic that Indian Rupee once had a much higher value than any other currency in the world. Though the significance of rupee has increased comparatively now its value has fallen down drastically. However none of us can deny how important these notes are to us, but it is sad how little we know about it.

With StoryPick.com we bring you interesting Rupee related facts we ought to know:

The Hyderabadi Rupee and the Indian Rupee:

Did you know that at one point in history India had two different currencies—the Hyderabadi rupee, valid only in the princely state of Hyderabad and the Indian rupee valid in the rest of the country. The Nizam of Hyderabad Mir Osman Ali Khan was permitted to issue notes even after Hyderabad’s ascendance to Union of India. Hence during 1918-1959 there were two different Rupees in India.

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