Report post

What is the currency of India?

The Indian Rupee is divided into 100 paise and is issued and managed by the Government of India through the Reserve Bank of India, the country's central bank. The currency comes in rupee coins and rupee notes of various denominations, featuring prominent figures such as Mahatma Gandhi.

How to buy currency in India?

When you’re buying currency for India, look out for the currency code INR. And once you’re in India, you’ll see the symbol ₹ used to show prices. You’ll find Indian banknotes in denominations of 1, 2, 5, 10, 20, 50, 100, 200, 500 and 2000 - although the 1 and 2 INR notes are seldom used. Indian coins come in 1, 2, 5, 10 rupee and 40 paisa.

Which currency denominations are used in India?

The Indian government and the Reserve Bank of India (RBI) currently issue the currency notes and coins in the following denominations: Banknotes: Paper currency is commonly used in denominations of ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, and ₹2,000. Banknotes in denominations of ₹1, ₹2, and ₹5 are rarely used but are still considered legal tender.

The World's Leading Crypto Trading Platform

Get my welcome gifts