Indian Rupee

Indian Rupee

The Indian rupee (sign: ₹; code: INR) is the official currency of the Republic of India. The rupee is subdivided into 100 paise (singular paisa), though as of 2018, coins of denomination of 50 paise or half rupee is the lowest value in use. The issuance of the currency is controlled by the Reserve Bank of India. The Reserve Bank manages currency in India and derives its role in currency management on the basis of the Reserve Bank of India Act, 1934. The rupee is named after the silver coin, rupiya, first issued by Sultan Sher Shah Suri in the 16th century and later continued by the Mughal Empire. In 2010, a new rupee symbol '₹', was officially adopted. It was derived from the combination of the Devanagari consonant "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolour Indian flag, and also depict an equality sign that symbolises the nation's desire to reduce economic disparity. The first series of coins with the new rupee symbol started in circulation on 8 July 2011. On 8 November 2016 the Government of India announced the demonetisation of ₹500 and ₹1000 banknotes with effect from midnight of the same day, making these notes invalid. A newly redesigned series of ₹500 banknote, in addition to a new denomination of ₹2000 banknote is in circulation since 10 November 2016. The new redesigned series is also expected to be enlarged with banknotes in the denominations of ₹1000, ₹100 and ₹50 in the coming months.On 25 August 2017, a new denomination of ₹200 banknote was added to Indian currency to fill the gap of notes due to high demand for this note after demonetisation.In July 2018, the Reserve Bank Of India released the ₹100 banknote.

Polish Zloty

Polish Zloty

The złoty (pronounced [ˈzwɔtɨ] ( listen); sign: zł; code: PLN), which is the masculine form of the Polish adjective 'golden', is the currency of Poland. The modern złoty is subdivided into 100 groszy (singular: grosz; alternative plural form: grosze). The recognized English form of the word is zloty, plural zloty or zlote. The currency sign, zł, is composed of the Polish lower-case letters z and ł (Unicode: U+007A z LATIN SMALL LETTER z & U+0142 ł LATIN SMALL LETTER L WITH STROKE). As a result of inflation in the early 1990s, the currency underwent redenomination. Thus, on 1 January 1995, 10,000 old złotych (PLZ) became one new złoty (PLN). Since then, the currency has been relatively stable, with an exchange rate fluctuating between 3 and 4 złoty for a United States dollar.

18 Indian Rupee to Polish Zloty exchange rates chart

18 INR to PLN exchange rates graph
18 INR to PLN Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

18 INR to PLN exchange rates table

Exchange INR to PLN
18 Indian Rupee = 0.954 Polish Zloty
36 Indian Rupee = 1.908 Polish Zloty
90 Indian Rupee = 4.770 Polish Zloty
180 Indian Rupee = 9.541 Polish Zloty
Exchange Indian Rupee to Polish Zloty
18 Indian Rupee to Polish Zloty Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

18 INR to PLN exchange rates news

Rupee tumbles 53 paise to 70.21 against USD on crude woes

At the Interbank Foreign Exchange (forex) Tuesday, the rupee opened on a sluggish note at 69.83.

6 days indicative negative
Sensex ends 106 points lower over declining banking stocks

Sensex ends 106 points lower over declining banking stocks

7 days indicative negative
Decoupling From Global Pessimism

Frank-Jürgen Richter - The Indian economy has the potential to remain decoupled from the global economic pessimism, but for that to happen, bold and sustained policy moves are required. It will be interesting to see if this government can buck the trend, , indian economy, Global Pessimism

13 days indicative positive
SOPA says India Dec soymeal export dn 24% on mo to around 200,000 tn

SOPA says India Dec soymeal export dn 24% on mo to around 200,000 tn

13 days conditional neutral
Jakub Błaszczykowski To Join Boyhood Club Wisla Krakow Without A Wage
Jakub Błaszczykowski To Join Boyhood Club Wisla Krakow Without A Wage

He will assist them financially with 1.3 million to help revive the Polish side. They are on the verge of bankruptcy.

4 days conditional positive

18 INR to PLN currency converter