| 1 $ = | Start | 07/18/2026 | Change | |
| Last 24 hours | 96.346 ₹ | ⇨ | 96.286 ₹ | -0.06% |
| Last week | 95.331 ₹ | ⇨ | 96.286 ₹ | +1% |
| Last month | 94.309 ₹ | ⇨ | 96.286 ₹ | +2.1% |
| Last year | 86.123 ₹ | ⇨ | 96.286 ₹ | +11.8% |
| Currency | 07/11/2026 | 07/18/2026 | Change | |
| Venezuelan Bolívar (VES) | 708.81 Bs. | ⇨ | 724.84 Bs. | +2.26% |
| Russian Ruble (RUB) | 76.636 руб | ⇨ | 78.283 руб | +2.15% |
| Egyptian Pound (EGP) | 49.626 E£ | ⇨ | 50.5 E£ | +1.76% |
| Hungarian Forint (HUF) | 311.79 Ft | ⇨ | 317.24 Ft | +1.75% |
| Bulgarian Lev (BGN) | 1.6909 лв | ⇨ | 1.7175 лв | +1.57% |
| Vanuatu Vatu (VUV) | 120.29 VT | ⇨ | 118.96 VT | -1.11% |
| Norwegian Krone (NOK) | 9.7826 kr | ⇨ | 9.6474 kr | -1.38% |
| South African Rand (ZAR) | 16.317 R | ⇨ | 16.028 R | -1.77% |
| Colombian Peso (COP) | 3,294.7 $ | ⇨ | 3,223.8 $ | -2.15% |
| Seychellois Rupee (SCR) | 14.565 SR | ⇨ | 13.409 SR | -7.94% |
| See also: 24h, monthly and yearly currency moves | ||||
| Currency name | Indian Rupee |
| Symbol | ₹ |
| Also known as | INR, Indian Rupee, ₹1 = 100 paise |
| ISO code | INR |
| Banknotes | ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 |
| Coins | 50 paise; ₹1, ₹2, ₹5, ₹10, ₹20 |
| Central bank | Reserve Bank of India (RBI) - Website: www.rbi.org.in |
| Countries | 1 country: India (capital: New Delhi, major cities: Mumbai, Delhi, Bangalore, Hyderabad, Chennai) |
| Population | 1,400 mil. |
History
The Indian rupee, a currency steeped in history and cultural significance, traces its origins to the ancient Sanskrit word rūpya, meaning "wrought silver" or "shaped silver." The rupee as a formalised currency was introduced by Sher Shah Suri during his brief but reforming reign (1540–1545), establishing a tri-metallic coinage system of gold, silver and copper that the Mughal emperors extended across the subcontinent.
Under British colonial rule, the rupee became the standard currency of British India. In 1899, Britain attempted to put India on the gold standard, but the experiment failed. Instead, India operated on a silver standard that suffered severely when global silver prices crashed. The Reserve Bank of India (RBI) was established in 1935 to manage monetary policy.
After independence in 1947, India adopted a managed exchange rate, pegging the rupee to the British pound at 13.33 rupees per pound (the same rate as before independence). The 1966 devaluation reduced the rupee's value by 57% against the dollar. India maintained controls on capital flows and foreign exchange throughout the socialist planning era.
The 1991 balance-of-payments crisis — India came within weeks of defaulting on its foreign debt — forced a dramatic liberalisation. The rupee was devalued and made partly convertible. Today the RBI manages a floating rupee with periodic interventions, balancing inflation control with export competitiveness. India's large and growing economy makes the rupee an increasingly significant emerging market currency.
Sources:
"Indian rupee", Wikipedia, https://en.wikipedia.org/wiki/Indian_rupee
"Reserve Bank of India", Wikipedia, https://en.wikipedia.org/wiki/Reserve_Bank_of_India