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Indian
Currency
The
currency of India is called the rupee (Re) with one rupee equaling 100
paise. The largest note we observed in circulation was 500 Re with the
most common being 100 Re. The exchange rate at the time of our visit
was about 45 Re to the dollar, which meant we easily carried several
thousand rupees with us. It was not uncommon to see clerks making change
by breaking apart stacks of rupee notes 15 to 18 inches tall that were
held by very large staples. This helps explain why there are so many
holes in Indian currency.
Once
you get used to handling the currency, one of the things we noticed
was the bright coloration of the bills. Like most nations, currency
designs come from India's historical past. While dollar notes are acknowledged
to be dull and not ornate with the dominant green color, Indian notes
display vibrant colors and come in differing sizes. The greater the
value of the note, the size of the bill increased. The person from history
most frequently found on the notes is Mahatma Gandhi.
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