Indian rupees Buy: 3.8 / Sell: 4.9 / National Bank rate: 4.9
Until 1916, 1 rupee was equal to 16 English pence (thus, the gold content was 0.48816 grams of pure gold). Before the introduction of the decimal system on April 1, 1957, 1 rupee contained 16 annas, 64 paise, or 192 pies.
Issuer: Reserve Bank of India. Banknotes in denominations from 1 to 500. Primary colors: olive green and ochre. The first known rupee appeared in 1542 during the reign of Sher Shah. In 1677, the British East India Company issued the first rupee.