1) India demonetized Rs 5,000 and Rs 10,000 currencies in 1946 and 1978, respectively.
2) Pakistan used Indian currency notes over-stamped with 'Government of Pakistan' title for about one year after Independence. The RBI acted as the common currency authority of the two countries till June 1948.
3) The Central Bank of Nepal has prohibited the usage of large-denomination Indian currency notes. Nepal's central bank has prohibited the use of Indian currency notes with denominations of Rs 2,000, Rs 500, and Rs 200, a decision that could harm Indian tourists visiting the Himalayan country.
4) India's five rupee notes are being smuggled into Bangladesh to be melted down and used to make razor blades. India's five rupee notes are being smuggled into Bangladesh to be melted down and used to make razor blades. A single Rs five coin can be used to make six razor blades. According to police sources, each blade costs Rs 2.
5) Furthermore, the cost of producing 5 and 10 coins is 3.69 and 5.54, respectively, according to the RBI.
6) Mutilated notes can also be submitted by registered /insured mail to any of the RBI offices. Only the RBI Issue Office can exchange notes that have become extremely dirty, brittle, or burnt and can no longer tolerate normal handling.
7) The exchange rate between the Indian rupee and the US dollar was one on August 15, 1947 (i.e., 1 $ = 1 Indian Rupee).
8) Due to the demands of the First World War, tiny denomination paper currency was introduced. On November 30, 1917, the Rupee One was introduced, followed by the exotic Rupees Two and Annas Eight.
9) The rpiya—a silver coin weighing 178 grains issued in northern India by Sher Shah Suri during his brief reign between 1540 and 1545 and later adopted and standardised by the Mughal Empire—is the immediate forerunner of the rupee.
10) Intaglio printing and tactile marks, variable banknote size, large numerals, variable colour, monochromatic hues and patterns, and variable colour, monochromatic hues and patterns are among the features that enable the visually impaired (colour blind, partially sighted, and blind people) to identify Indian banknotes.
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