Indian rupee

ISO 4217CodeINR (numeric: 356)Subunit0.01Units of accountBase unitrupeeSymbol₹‎Subunit1⁄100paisaSymbolpaisaDenominationsBanknotes Freq. used₹10, ₹20, ₹50, ₹100, ₹200, ₹500 Rarely used₹1, ₹2, ₹5Coins Freq. used₹1, ₹2, ₹5, ₹10, ₹20 Rarely used50 (discontinued, but still legal tender for amounts up to ₹10)DemographicsDate of introduction1835 (1835)ReplacedMohur
British Indian RupeeOfficial user(s)Unofficial usersIssuanceCentral bankReserve Bank of India Websitewww.rbi.org.inPrinterSecurity Printing and Minting Corporation of India Limited Websitespmcil.comMintIndia Government Mint Websiteindiagovtmint.inValuationInflation3.4% (September 2024) SourceRBI – Annual Inflation Report MethodConsumer price index (India)Pegged byBhutanese ngultrum (at par)
Nepalese rupee (₹1 = रु1.60)

The Indian rupee (symbol: ₹; code: INR) is the official currency of India and the erstwhile British Raj. The rupee is subdivided into 100 paise (singular: paisa). The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank derives this role from powers vested in it by the Reserve Bank of India Act, 1934. It is the world's as of April 2025.