History of Asia

What is Indian money of

Indian Currency

The official currency of India is the Indian rupee, denoted by the symbol ₹. The rupee is divided into 100 paise.

Banknotes

Banknotes of the Indian rupee are issued in denominations of ₹5, ₹10, ₹20, ₹50, ₹100, ₹200, ₹500, and ₹2000. Each banknote features a prominent image of Mahatma Gandhi, the father of the Indian nation, on the obverse side. The reverse side of each banknote depicts various cultural and historical landmarks of India.

Coins

Coins of the Indian rupee are issued in denominations of ₹1, ₹2, ₹5, and ₹10. The ₹1 and ₹2 coins are made of stainless steel, while the ₹5 and ₹10 coins are made of cupronickel. Each coin features the emblem of India on the obverse side. The reverse side of each coin depicts different designs, such as animals, plants, and symbols of Indian culture.

Foreign Exchange

Foreign currency can be exchanged for Indian rupees at banks and authorized currency exchange counters in India. The exchange rate is determined by the current market conditions and is subject to change.

Traveler's Checks

Traveler's checks are widely accepted in India and can be cashed at banks and money changers. It is advisable to carry traveler's checks in major currencies such as US dollars, Euros, or British pounds.

Credit and Debit Cards

Credit and debit cards are widely accepted in major cities and tourist destinations in India. However, it is important to note that not all merchants may accept card payments, especially in smaller towns and villages. It is advisable to carry some cash as a backup.

ATMs

ATMs are widely available in major cities and tourist areas in India. Most ATMs accept international cards and dispense Indian rupees. However, there may be fees associated with using foreign cards at ATMs in India.

Online Payments

Online payments are becoming increasingly popular in India. Many businesses accept payments through digital wallets, mobile payment apps, and online banking platforms.