Rupee came from raupya
The word rupee came from the Sanskrit word raupya, meaning silver coin.  Chanakya, who was guru to the Emperor Chandragupta Maurya, was the first to write in his book Arthashastra about coins being used. Silver coins were called as rupyarupa – form of silver, and similarly other types of coins like gold coins (Suvarṇarupa), copper coins (Tāmrarūpa) and lead coins (Sisarupa).

Rupee-silver-coin

Pakistan stamped its name on Indian notes
After the Partition of India in 1947, the Pakistani rupee was not printed. Initially they used Indian coins and Indian currency notes simply over-stamped with “Pakistan”.

Rupee-pakistan

Indian rupee was also national currency in other countries
Previously the Indian rupee was an official currency of other countries like  Aden, Oman, Dubai, Kuwait, Bahrain, Qatar, the Trucial States, Kenya, Tanganyika, Uganda, the Seychelles and Mauritius.




The Indian government launched the Gulf rupee (XPGR) as a substitute for the Indian rupee for circulation outside India. It was needed to reduce the strain on India’s foreign reserves from gold smuggling. India devalued the rupee on 6 June 1966 so that those countries still using it (Oman, Qatar, and the United Arab Emirates) were forced to replace the Gulf rupee with their own currencies.

Rupee-foreign-currency

Braille is on the notes
Rupee notes have Braille signs to help the visually challenged to identify the currency note. A blind person can identify the mark’s on the left side of banknote having different shapes for 1000, 500, 100, 50, 20 and 10 as Diamond, Circle, Triangle, Square, Rectangle and None respectively.

Rupee-braille

Coins of Rs. 75 & Rs. 150?
RBI minted special commemorative coins. In 2010-11 coins of Rs. 75, 150 and 1000 were minted. This was to celebrate and honor the Reserve Bank of India’s platinum jubilee, 150th birth anniversary of Rabindranath Tagore and 1000 years of Brihadeeswarar Temple.

Rupee-75-coin

Average life of a note is only 10 months!




The poor note has a hard time passing from hand to hand and on an average notes have a life of 10 months only. Every year RBI replaces crores worth of torn or damaged currency notes. It is a crime to destroy these notes that are assets of the nation. After RBI officials collect these soiled and torn notes do you wonder what happens to those? The notes are recycled and made into files, calendars and diaries.

Rupee-damaged

Notes are not made of paper
The currency notes are not made of paper contrary to popular belief, but are made of cotton and cotton rag.

 

Rupee-paper

Image credits: Wikipedia, quora.com, buzzerlab.com,123andhrawala.com

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