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Rupees
Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee), British East Africa, Burma, German East Africa (as Rupie/Rupien), and Tibet. In Indonesia and the Maldives, the unit of currency is known as ''rupiah'' and ''rufiyaa'' respectively, cognates of the word rupee. The Indian rupees () and Pakistani rupees () are subdivided into one hundred paise (singular ''paisa'') or pice. The Nepalese rupee (रू) subdivides into one hundred paisa (singular and plural) or four sukaas. The Mauritian, Seychellois, and Sri Lankan rupees subdivide into 100 cents. Etymology The Hindustani word ''rupyā'' is derived from the Sanskrit word ''rūpya'' (), which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is derived fro ...
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Indian Rupee
The Indian rupee ( symbol: ₹; code: INR) is the official currency in the republic of India. The rupee is subdivided into 100 ''paise'' (singular: ''paisa''), though as of 2022, coins of denomination of 1 rupee are the lowest value in use whereas 2000 rupees is the highest. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. Etymology The immediate precursor of the rupee is the ''rūpiya''—the silver coin weighing 178 grains minted in northern India by first Sher Shah Suri during his brief rule between 1540 and 1545 and adopted and standardized later by the Mughal Empire. The weight remained unchanged well beyond the end of the Mughals until the 20th century. Though Pāṇini mentions (), it is unclear whether he was referring to coinage. '' Arthashastra'', written by Chanakya, prime minister to the first Ma ...
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Mauritian Rupee
The Mauritian rupee (sign: Re (singular) and Rs (plural); ISO code: MUR; ) is the currency of Mauritius. One rupee is subdivided into 100 cents. Several other currencies are also called rupee. Coins In 1877, coins for 1, 2, 5, 10 and 20 cents were introduced, with the lower three denominations in copper and the higher two in silver. Coin production ceased in 1899 and did not recommence until 1911, with silver coins not produced again until 1934, when Re. , Re.  and Re. 1/- coins were introduced. In 1947, cupro-nickel 10 cents were introduced, with cupro-nickel replacing silver in 1950. In 1971 a new set of coins and banknotes were introduced by the Royal Mint. This set has Queen Elizabeth II on the obverse and a range of heraldic motives on the reverse. Some of the reverse designs for this set were designed by Christopher Ironside OBE including the Rs. 10/-, Rs. 200/- and Rs. 250/- (issued 1988). In 1987, a new series of coins was introduced whic ...
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Pakistani Rupee
The Pakistani rupee ( ur, / ALA-LC: ; currency symbol, sign: Re (singular) and Rs (plural); ISO 4217, ISO code: PKR) is the official currency of Pakistan since 1948. The coins and notes are issued and controlled by the central bank, namely State Bank of Pakistan. In Pakistani English, large values of rupees are Indian numbering system, counted in thousands; lakh (100,000); crore (ten-millions); Indian numbering system, Arab (billions); Indian numbering system, kharab (100 billion). Numbers are still grouped in thousands (123,456,789 rather than 12,34,56,789 as written in India) History The word ''rūpiya'' is derived from the Sanskrit word ''rūpya'', which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is` derived from the noun ''rūpa'' "shape, likeness, image". ''Rūpaya'' was used to denote the coin introduced by Sher Shah Suri during his reign from 1540 to ...
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Sri Lankan Rupee
The Sri Lankan Rupee ( si, රුපියල්, ta, ரூபாய்; symbol: Re and Rs (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka. It is subdivided into 100 cents, but cents are rarely seen in circulation due to its low value. It is issued by the Central Bank of Sri Lanka. The abbreviation ''Re'' (singular) and ''Rs'' (plural) is generally used, the World Bank suggests SL Rs as a fully disambiguating abbreviation for distinction from other currencies named "rupee". History Sterling became Ceylon's official currency in 1825, replacing the Ceylonese rixdollar at a rate of £1  stg = rixdollars, and British silver coin was made legal tender. Treasury notes denominated in sterling were issued in 1827, replacing the earlier rixdollar notes. Rixdollar notes not presented for exchange were demonetized in June 1831. The Indian rupee was made Ceylon's standard coin on 26 September 1836, and Ceylon reverted to th ...
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Afghan Rupee
The Afghan rupee was the currency of Afghanistan until 1925. Before 1891, silver rupees circulated with copper ''falus'' and gold ''mohur''. The three metals had no fixed exchange rate between them, with different regions issuing their own coins. In 1891, a new currency was introduced, based on the Kabuli rupee. The rupee was subdivided into 60 ''paisa'', each of 10 ''dinar''. Other denominations issued included the ''shahi'' of 5 paisa, the ''sanar'' of 10 paisa, the ''abbasi'' of 20 paisa, the ''qiran'' of rupee and the ''tilla'' and later the ''amani'', both of Rs. 10/-. The rupee was replaced in 1925 by the Afghani, which is the currency today, but continued to be in circulation until 1978. The rupee itself was first issued by Pashtun monarch Sher Shah Suri during his rule of northern India in the sixteenth century; India still uses its own variant of the rupee (along with Pakistan - ''see'' Pakistani rupee The Pakistani rupee ( ur, / ALA-LC: ; currency symbol, s ...
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Gulf Rupee
The Gulf rupee (Arabic: روبيه or روبيه خليجيه) was the official currency used in the British protectorates of the Arabian Peninsula that are around the Persian Gulf between 1959 and 1966. These areas today form the countries of Kuwait, Bahrain, Qatar, Oman, and the United Arab Emirates. It was issued by the Government of India and the Reserve Bank of India and was equivalent to the Indian rupee. History To the middle of the 20th century, the Indian rupee was also used as the official currency in the emirates on the eastern Arabian Peninsula, namely Kuwait, Bahrain, Qatar, the Trucial States, and Oman. That meant, in effect, that the Indian rupee was the common currency in those territories as well as in India. The Indian rupee was pegged to the British pound at a rate of 13 Indian rupees = 1 pound. The Government of India had complained of gold traffickers in the Gulf region whose base of operations was constantly being broadened, especially in Kuwait, Bahrain an ...
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Countries Using A Rupee Currency
A country is a distinct part of the world, such as a state, nation A nation is a community of people formed on the basis of a combination of shared features such as language, history, ethnicity, culture and/or society. A nation is thus the collective Identity (social science), identity of a group of people unde ..., or other polity, political entity. It may be a sovereign state or make up one part of a larger state. For example, the country of Japan is an independent, sovereign state, while the country of Wales is a component of a multi-part sovereign state, the United Kingdom. A country may be a List of former sovereign states, historically sovereign area (such as Korea), a currently sovereign territory with a unified government (such as Senegal), or a non-sovereign geographic region associated with certain distinct political, ethnic, or cultural characteristics (such as the Basque Country (greater region), Basque Country). The definition and usage of the word "country" ...
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Hindustani Language
Hindustani (; Devanagari: , * * * * ; Perso-Arabic: , , ) is the '' lingua franca'' of Northern and Central India and Pakistan. Hindustani is a pluricentric language with two standard registers, known as Hindi and Urdu. Thus, the language is sometimes called Hindi–Urdu. Despite these standard registers, colloquial speech in Hindustani often exists on a spectrum between these standards. Ancestors of the language were known as ''Hindui'', ''Hindavi'', ''Zabān-e Hind'' (), ''Zabān-e Hindustan'' (), ''Hindustan ki boli'' (), Rekhta, and Hindi. Its regional dialects became known as ''Zabān-e Dakhani'' in southern India, ''Zabān-e Gujari'' () in Gujarat, and as ''Zabān-e Dehlavi'' or Urdu around Delhi. It is an Indo-Aryan language, deriving its base primarily from the Western Hindi dialect of Delhi, also known as Khariboli. Hindustani is a pluricentric language, best characterised as a continuum between two standardised registers: Modern Standard Hindi and Mode ...
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Cognate
In historical linguistics, cognates or lexical cognates are sets of words in different languages that have been inherited in direct descent from an etymological ancestor in a common parent language. Because language change can have radical effects on both the sound and the meaning of a word, cognates may not be obvious, and often it takes rigorous study of historical sources and the application of the comparative method to establish whether lexemes are cognate or not. Cognates are distinguished from loanwords, where a word has been borrowed from another language. The term ''cognate'' derives from the Latin noun '' cognatus blood relative'. Characteristics Cognates need not have the same meaning, which may have changed as the languages developed independently. For example English '' starve'' and Dutch '' sterven'' 'to die' or German '' sterben'' 'to die' all descend from the same Proto-Germanic verb, '' *sterbaną'' 'to die'. Cognates also do not need to look or sound sim ...
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Paisa
Paisa (also transliterated as ''pice'', ''pesa'', ''poysha'', ''poisha'' and ''baisa'') is a monetary unit in several countries. The word is also a generalised idiom for money and wealth. In India, Nepal, and Pakistan, the ''Paisa'' currently equals of a Rupee. In Bangladesh, the ''Poysha'' equals of a Bangladeshi Taka. In Oman, the ''Baisa'' equals of an Omani Rial. Etymology The word ''paisa'' is from the Sanskrit term ''padāṁśa'' (, basic unit), meaning 'quarter part base', from ''pada'' () "foot or quarter or base" and ''aṁśa'' () "part or unit". The pesa was also in use in colonial Kenya. The colloquial term for money in Burmese, ''paiksan'' (), is derived from the Hindi term ''paisa'' (). History Chaulukya coins were often called "Gadhaiya Paise" (9th-10th century CE). Until the 1950s in India and Pakistan (and before 1947 in British India), the paisa was equivalent to 3 pies, of an anna, or of a rupee. After the transition from a non-decimal currency to ...
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Sukaa
Sukaa or suka ( ne, सुका) is one of the denominations of the Nepalese rupee. One suka is equal to 25 paisa and four sukas make a rupee. Also, two sukas make a mohor. Sukaas as well as used to circulate extensively in Nepal Nepal (; ne, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in South Asia. It is ma ... but these days they are rarely seen in markets. Notes Suka, Nepalese Currencies of Nepal {{Nepal-stub ...
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