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.

Philippine Peso

Philippine Peso

The Philippine peso, also referred to by its Filipino name piso (Philippine English: , , plural pesos; Filipino: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the usage of the Filipino language on banknotes and coins, the term "piso" is now used. From September 2017 to 2 August 2018, the ISO 4217 standard referred to the currency by the Filipino term "piso". It has since been changed back to "peso".The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine peso sign are "PHP", "PhP", "Php", or just "P". The "₱" symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). The symbol can be accessed through some word processors by typing in "20b1" and then pressing the Alt and X buttons simultaneously. This symbol is unique to the Philippines as the symbol used for the peso in countries like Mexico and other former colonies of Spain in Latin America is "$".Banknotes and coins of the Philippines are minted and printed at the Security Plant Complex of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) in Quezon City.

30000 Indian Rupee to Philippine Peso Exchange rates Chart

30000 Indian Rupee to Philippine Peso
30000 INR to PHP exchange 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.

30000 Indian Rupee to Philippine Peso Exchange rates FAQs

What is 30000 INR to PHP?

The meaning of 30000 INR to PHP is to exchange 30000 Indian Rupee to Philippine Peso by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. We are offering inter-market exchange rates to convert 30000 INR to PHP in the chart below.

Who can convert 30000 INR to PHP?

Anyone with 30000 Indian Rupee can find a local bank or a bureau de change to convert into Philippine Peso . However, if neither INR nor PHP is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why we are offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 30000 INR to PHP?

Due to the nature of the forex market, the exchange rates for 30000 INR to PHP is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 30000 INR to PHP?

Most likely you are traveling and want to get some Philippine Peso cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 30000 Indian Rupee to Philippine Peso. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to exchange 30000 INR to PHP?

Usually you can find a local bank, post office or bureau de change to exchange 30000 INR to PHP. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why we are doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Philippine Peso you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to convert 30000 INR to PHP?

Use the tool we provided here to find the best exchange rates for 30000 INR to PHP. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 30000 Indian Rupee in hand then exchange the cash you want in store or online. It's just that simple with no fees or commissions from us!

30000 Indian Rupee to Philippine Peso Exchange rates Table

Exchange INR to PHP
30000 Indian Rupee = 20047.146 Philippine Peso
60000 Indian Rupee = 40094.292 Philippine Peso
150000 Indian Rupee = 100235.731 Philippine Peso
300000 Indian Rupee = 200471.462 Philippine Peso
Exchange Indian Rupee to Philippine Peso
30000 INR to PHP 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.

30000 INR to PHP at BookMyForex

30000 INR to PHP at BookMyForex
30000 Indian Rupee = 17543.860 Philippine Peso
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30000 Indian Rupee to Philippine Peso Exchange rates Tweets

30000 INR to PHP added 1 tweet
2020-05-22 05:19:59 UTC
GDP growth rate of India is Negative now!!Nepal should be Independent itself and stop taking that 3 Arab Indian Ru… https://t.co/plBfuQ3snI
30000 INR to PHP added 1 tweet
2020-05-22 05:26:56 UTC
CNY(Chinese Yuan) = 10.67 INR(Indian Rupee). . @iqooind @iqoo_in @iqoo_beast @iqooindia1 @iqoo_fan @iqoofan… https://t.co/Yb8utK4suI
30000 INR to PHP added 1 tweet
2020-05-22 05:21:35 UTC
The Indian Rupee Sign is the currency symbol for the Indian rupee, the official currency of India. Designed by D. U… https://t.co/rRrxGzHjHy

30000 Indian Rupee to Philippine Peso Exchange rates Videos

Prithviraj New Movie.Thilakan gives idea to Prithviraj in Indian Rupee movie scenes. Indian Rupee Malayalam movie ft. Prithviraj ...
INDIAN RUPEE An interesting narration involving real estate business directed by Ranjith supported by stars, Prithviraj, Rima ...
Prithviraj New Movie. Indian Rupee Malayalam movie ft. Prithviraj, Thilakan, Tini Tom, Rima Kallingal and Jagathy Sreekumar.
Introducing the New Generation Currency (NGC) Coin Series. Check out the new 10-piso, 5-piso, 1-piso, 25-sentimo, 5-sentimo ...
These are super valuable Philippine coins worth big money. We discuss World Coins to look for in your coin collections.

30000 Indian Rupee to Philippine Peso Exchange rates News

Indian rupee rallies 81 paise to 74.35 against USD after RBI announced measures to support economy

The Reserve Bank of India (RBI) on Friday cut benchmark interest rate by 75 basis points to 4.4 percent. The central bank also reduced the cash reserve ratio (CRR) of all banks by 100 basis points to 3 percent with effect from March 28 for 1 year.

2 months conditional neutral
Rupee ends flat at 75.60 against US dollar

The rupee, which opened on a positive note at 75.52, settled for the day down 1 paise at 75.60 against the American currency.

about 2 months conditional negative
RBI expects rupee to hover around 75/dollar; Indian crude basket at $35/bbl in FY21

Taking into account the sizable two-way movements in the nominal exchange rate during October-December 2019, RBI expects the value of Indian rupee to be around Rs 75 to a dollar.

about 2 months indicative negative
Peso remains resilient vs USD, stocks slip anew
Peso remains resilient vs USD, stocks slip anew

MANILA – The Philippine peso on Monday remained firm against the US dollar despite concerns on the continued rise of coronavirus disease 2019 (Covid-19) worldwide, especially in the US, but the main stocks gauge ended in the negative territory.  The local currency finished the...

about 2 months indicative negative
PH peso among most resilient in Asia to date: DOF exec
PH peso among most resilient in Asia to date: DOF exec

MANILA – The Philippines’ strong external payments position and continued improvement of macroeconomic fundamentals are the main reasons why the peso remains generally firm against the greenback, a ranking Department of Finance (DOF) official said.In an economic bulletin Friday,...

about 2 months indicative neutral
Fitch Solutions eyes peso to remain resilient, wider CA deficit
Fitch Solutions eyes peso to remain resilient, wider CA deficit

MANILA – Fitch Solutions forecasts the Philippine peso to remain resilient this year despite the weaker global economy due to the global pandemic, while it forecasts a wider current account deficit due to weaker external demand. In a report dated April 1, 2020, the unit of Fitch...

about 2 months indicative neutral

30000 Indian Rupee to Philippine Peso Currency converter