TABLE OF CONTENTS The monetary unit is 100 paise = 1 rupee (rupees are abbreviated to Rs)
The metric system of measurement is used in India. The basic unit for weight is kilograms and for distance is kilometres.
|
Month end | US$ | sterling | German mark | Japanese yen |
|---|---|---|---|---|
| Rupees per unit of foreign currency | ||||
| March 1992 | 31.23 | 53.69 | 18.85 | 0.2328 |
| March 1993 | 31.42 | 46.35 | 19.12 | 0.2677 |
| December 1993 | 31.37 | 46.44 | 18.09 | 0.2803 |
| March 1994 | 31.37 | 46.52 | 18.76 | 0.3052 |
| December 1994 | 31.38 | 48.94 | 20.21 | 0.3144 |
| March 1995 | 31.49 | 50.56 | 22.36 | 0.3529 |
| June 1995 | 31.42 | 50.03 | 22.70 | 0.3712 |
| December 1995 | 35.17 | 54.45 | 24.46 | 0.3413 |
| March 1996 | 34.35 | 52.43 | 23.30 | 0.3230 |
| June 1996 | 35.06 | 54.25 | 23.03 | 0.3194 |
| December 1996 | 35.80 | 59.97 | 23.06 | 0.3112 |
| August 1997 | 36.37 | 58.50 | 20.19 | 0.3035 |
| October 1997 | 36.19 | 58.97 | 20.26 | 0.2981 |
| November 1997 | 38.64 | 64.52 | 21.98 | 0.3056 |
| May 1998 | 40.65 | 66.25 | 23.00 | 0.2955 |
| [*]Average of buying and selling rates. |
Source: Statistical Outline of India, 1997-98
Dates are written as day/month/year, so that 2/3/97 denotes the 2 March 1997. The financial year runs from 1 April to 31 March.
India has a unique numbering system. Counting is done in tens, hundreds, thousands, hundred thousands and ten millions, rather than in tens, hundreds, thousands, millions, etc. A hundred thousand is a lakh and 10 million is a crore. Numbers are also written with the commas placed correspondingly.
For example: 6,00,000...
