along with the Euro and Yen, the USD makes up almost 64 of the global trade, thus, concluding it to be the de-facto global currency of the world. Although, after Independence, the Indian rupee continued to peg to the British pound at a rate of 1 rupee 1 shilling and 6 pence what can be withdrawn from the stated that as 13 1/3 rupees per British pound. USD-INR Historical Prices, date. Read, performance of the Indian Rupee vs US Dollar and other Emerging Market currencies How Tourism can save the day for Indian Rupee.
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Moreover, since the upliftment of the Indians through all these years, the growth of India in its education and awareness front has been commendable. Close, open, high, low.18.104.22.168.22.214.171.124.126.96.36.199.188.8.131.52.18.44.18.07.38.07.06.19.06.93.24.93.184.108.40.206.220.127.116.11.18.104.22.168.79.82. Another fact that one should notice is that India was under British Raj prior to its independence thus, the Indian Rupee was pegged to Pounds then, keeping the value stable at that moment, which obviously, didnt last long. Dollar at a rate.5 rupees 1 dollar until 1971. South African Rand ZAR.22.214.171.124.57.90.01.25.60 Korean Won KRW.063.040.039.061.059.059.060.057.065 Thai Baht THB.126.96.36.199.188.8.131.523.25 Source: historical exchange rates. Another question that arises is that What was the actual worth of 1 USD to INR in 1947 exactly? Whats been the value of 1 USD to INR since 1947 to 2019? Monday 1 USD.2036 INR, for full history please visit, uSD/INR exchange rate history page. Rupee could receive some support from the reported Vodafone Rights issue opening on 10th April which could attract large foreign investors inflows.