Indian Rupee to US Dollar — exchange rate

The Indian rupee (international symbol s:₹ , Re, Rs (plural), code: INR, number: 356) is the national currency of India. Bhutan, Nepal and some other Asian countries use the currency unofficially. The Indian rupee is measured in paisa.

The current INR has 100 paisa. The currency was issued in 1845, and replaced the Danish Indian rupee. However, the currency with the same name had been used before that. First mentions of this unit go back to the 6th century BC. This fact makes INR one of the most ancient currencies of the world. The word “rupee” is translated as “made of silver”.

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.