What Is the Currency of India?

The Indian Rupee is the currency of India. It is the common currency in India and is relatively stable in value.

Denominations

One rupee is equal to 100 paise coins, which are rarely used in India. Coin denominations include five, 10, 20, 25 and 50 paise, and one, two, and five rupees. Paper rupee denominations include 10, 20, 50, 100, 500 and 1000 notes.

Identification

Large denominations of Indian Rupee paper notes are identifiable by their combination of colors such as purple, green and red. They also contain a plastic security band weaved within the paper toward the center of the note.

Access to Currency

ATM machines are available in most areas of India. Most banks are also able to convert foreign currency into Indian Rupees.

Exchange Rates

The Indian Rupee is relatively stable. A single American dollar is equal to Rs 40 to Rs 50 Indian Rupees.

Warning

Paper Indian Rupee notes easily become worn due to how they are stapled and stored at banks. Do not accept any ripped or severely worn notes in India because they may be refused when you try to spend them.