What is the exange rate doller and rupees on august 15 1947
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At independence, the Indian rupee was pegged to the British pound at a rate of 1 rupee = 1 shilling and 6 pence or 13 1/3 rupees per British pound. The British pound would have been worth about 4 USD at that point in time – thus the U.S. Dollar would have been worth more than 3 rupees.
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At independence, the Indian rupee was pegged to the British pound at a rate of 1 rupee = 1 shilling and 6 pence or 13 1/3 rupees per British pound. The British pound would have been worth about 4 USD at that point in time – thus the U.S. Dollar would have been worth more than 3 rupees.
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