The
first coins were minted (made) around 2500 years ago.
Paper
money was first used in China over 1000 years ago.
The
first “rupee” was first introduced by Sher Shah Suri. It was based on
a ratio of 40 copper pieces (paisa) per rupee.
Udaya
K Dharmalingam is the designer of the Indian rupee Symbol, which was
adopted by the Government of India in 2010.
From
1953, Hindi was displayed prominently on the new notes.
The
Government of India took over the issue of bank notes in 1861 from the
Private and Presidency Banks.
The
first series of coins with theIndian rupee symbol was launched on 8 July,
2011.
The
first 1000 Rs Note was introduced in 2000.
The
first 20 Rs and 5 Rs note was introduced in 2001.
Decimalization
started in 1957 and the rupee was divided into 100 Naye Paise.
Total
15 Languages (Apart from English) are printed in Indian Rupee Note. They
are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam,
Marathi, Nepali, Oriya, Panjabi, Sanskrit, Tamil, Telugu and Urdu.
In
India, the first paper bank note was published by Bank of Hindustan in
1770.
The
current Mahatma Gandhi series of bank notes stared from 1996 with new
series of 10Rs notes.
Indian
coins are produced in 4 cities: Noida, Mumbai, Hyderabad, Kolkata. The
coins produce from each city puts an identification mark under the year of
issue. Coins produced in Noida have a dot mark, Mumbai have diamond mark,
Hyderabad have star mark and coin produce from Kolkata have nothing
beneath the year.
Credit
cards were first used in the United States in the 1920’s.
