Every nation evocation their currency with a specific name, and we know our currency as Rupee. Do you know that Rupee word originated from Sanskrit “rupyakam” which means silver coin. In India Reserve Bank of India controls the issuance of currency. Lets check out some amazing and interesting facts about our Indian Rupee.
Do you observe Indian Currency for this following things ?
1. As we all know that Rs.1000/- is largest/ biggest denomination of today, but before independence — 10,000 and 5000 rupees currency notes were existed. RBI was demonetize all such notes in 1938, and reissued it in 1954 and once again demonetized in 1978.
2. On Indian Rupees you can’t find these “I, J, O, X, Y, Z” alphabets / letters on the number panel. As in these case RBI only have twenty alphabets are used as insets. For security reasons, Reserve Bank of India doesn’t reveal which inset alphabet/ letters are assigned for which printing press.
3. Did you know that life of a banknote is only 9-10 months average ?
4. Our Indian currency have Braille signs to help the visually challenged, which gives hope to the blind –identify currency note. There were identification mark’s on the left side of banknote, which have different shapes for 1000, 500, 100, 50, 20 and 10 as Diamond, Circle, Triangle, Rectangle, Square and None respectively.
5. I think you noticed year of issue on a mint, but have you ever noticed the different symbols below the year. These symbols are actually specifying where the originated. The following insets have been assumed and be allotted…
- Delhi – have a dot
- Mumbai – have a diamond
- Hyderabad – have a star
- Kolkata – Nothing beneath the year
6. Is anyone observe * (star) in the number panel between the prefix and the serial number, these are special series of currency notes known as “Star Series”. RBI released to replace defectively printed notes.
7. RBI minted special coins to celebrate anniversary, centenary etc. For the first time, coins of 75, 150 and 1000 were minted — to celebrate and honor the Reserve Bank of India’s platinum jubilee, 150th birth anniversary of Rabindranath Tagore and 1000 years of Brihadeeswarar Temple respectively.
8. A One Rupee coin and above can be used to pay / settle any amount sum, but A 50 paise coin cannot be used for any amount above Rs 10/-.
9. Is there any idea about how Indian currency made ? I think you might not have any idea, the Indian Rupee note made up of cotton and cotton rag. Technically, it is not a paper but it look and feel of paper.
Indian currency notes making at Hoshangabad Security Paper Mill in Madhya Pradesh State.
10. One each and every bank note the back side, the amount is written in 17 different languages of India. Where you can find only 15 languages, so where the other 2 are written.
11. Bhutan and Zimbabwe are the two nations considered Indian Rupee as legal tender in these countries.
We hope you enjoyed and know many new things about our Indian Rupee currency….
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