INR (Indian Currency)

Indian Rupee is the one type of currency of the country India for the day-to-day transaction or exchange of commodities and services.

The currency of India is the Indian Rupee (INR). The symbol for the Indian Rupee is , and the currency code is INR. The Indian Rupee is issued and regulated by the Reserve Bank of India (RBI), which is the country’s central banking institution.

The Rupee is available in various denominations, including banknotes (paper currency) and coins. Banknotes are issued in denominations of 10, 20, 50, 100, 200, 500, and 2,000 rupees, while coins are available in denominations of 1, 2, 5, 10, and 20 rupees. The Indian Rupee is widely accepted as the official currency of India for all financial transactions within the country.

What is the full form of INR?

INR stands for Indian Rupee. The Indian Rupee is widely accepted as the official currency of India.

What are the basic details of the Indian Rupee?

Some basic details of the currency of India-

Currency NameIndian Rupee
Currency Symbol
Currency CodeINR
Subunit1 Rupee consists of 100 Paise
Issuing AuthorityReserve Bank of India (RBI)
DenominationsBanknotes: 10, 20, 50, 100, 200, 500, 2,000 rupees ( 2000 rupee note also banned from 01.10.2023 ) Coins: 1, 2, 5, 10, 20 rupees
DesignThe currency design features notable Indian figures, national symbols, and historical landmarks
Exchange RateVaries and is subject to fluctuations in the global foreign exchange market
Legal TenderThe Indian Rupee is the official currency of India and is accepted as legal tender throughout the country
International UsageThe Indian Rupee is not widely accepted as a currency for international transactions outside India. It is primarily used within the country
Indian Currency

How to convert INR to USD or other currency?

You can consider these simple steps to convert INR to USD-

  1. First of all, Find the current exchange rate for INR to USD.
  2. Then Multiply the amount of INR you wish to convert by the current exchange rate.
  3. Then round the amount to the appropriate decimal places based on the currency’s denomination.
  4. Alternatively, you can use an online currency converter (such as, or to fast and easily convert INR to USD. Simply enter the amount of Indian Rupee currency you wish to convert and select USD as the target currency, and the converter will automatically calculate the converted amount based on the current exchange rate.

What are the basic details of India?

This is the table showing the basic details of the INDIA-

AttributeBasic Information of India
Official NameRepublic of India
CapitalNew Delhi
Largest CityMumbai
PopulationApproximately 1.4 billion
Area3,287,263 square kilometers
Official LanguagesHindi and English (22 officially recognized languages in total)
GovernmentFederal parliamentary democratic republic
PresidentDroupadi Murmu
Prime MinisterNarendra Modi
CurrencyIndian Rupee (INR)
National EmblemLion Capital of Ashoka at Sarnath
National FlagTricolor flag with horizontal stripes of saffron, white, and green
National Anthem“Jana Gana Mana”
Independence DayAugust 15th
Republic DayJanuary 26th
Time ZoneIndian Standard Time (IST, UTC+5:30)
Calling Code+91
Bordering CountriesPakistan, China, Nepal, Bhutan, Bangladesh, and Myanmar
Major ReligionsHinduism, Islam, Christianity, Sikhism, Buddhism, Jainism
Major RiversGanges, Yamuna, Brahmaputra, Godavari, Krishna, and others
Major CitiesMumbai, Delhi, Bangalore, Kolkata, Chennai
ClimateIndia has a diverse climate, ranging from tropical to temperate
Main IndustriesInformation technology, textiles, automotive, pharmaceuticals
Major FestivalsDiwali, Holi, Eid, Christmas, Navratri, Durga Puja
UNESCO World Heritage SitesTaj Mahal, Red Fort, Qutub Minar, Ellora Caves, and many more
SportsCricket, field hockey, kabaddi, badminton, and football
Famous LandmarksTaj Mahal, Jaipur’s Hawa Mahal, Kerala’s backwaters,
Mumbai’s Gateway of India, and more
CuisineDiverse regional cuisines with popular dishes like biryani,
curry, dosa, samosa, and many others
WildlifeTigers, elephants, lions, rhinoceroses, and various bird species
Basic details of India

Faqs on Indian Rupee

1. Which Country uses INR currency?

INDIA uses INR currency because it is the currency of INDIA.

2. Can I use INR in other Countries?

The Indian Rupee is not widely accepted outside of India, so it is recommended to exchange any unused INR for another currency before leaving the country.

3. When was the Indian Rupee currency introduced?

The Indian Rupee (INR) has been the official currency of India since 1938.

4. Which is the Highest currency note in India?

At present, the 2000 rupee note is the highest currency note in India. but after 01.10.2023 the highest currency note will be the 500 rupee note in India.

5. Which is the Lowest currency note in India?

At present, the 5 rupee note is the lowest currency note in India.

By larry Brown

A senior accountant, and banking & finance expert, with five years long experience in banking, finance, Investment, and money management.

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