Value of indian Rupee from 1947 to 2022..!?
We have already seen that India's Independence Day is being celebrated all over the country today and prime minister Modi hoisted the national flag at Delhi's red Fort and chief minister Stalin made a special speech in Chennai. In this situation, when india gained independence in 1947, how much was the value of the indian rupee against the US dollar, since then it has gradually decreased to about 80 rupees today. It is noteworthy that it has come up to now.
It is a surprising fact that when india gained independence in 1947, the value of the indian rupee against the US dollar was only Rs.4.16. While india is celebrating its 75th Independence Day today, it is noteworthy that the value of the indian rupee has gradually decreased since the day of independence and is now almost at the level of 80 rupees.In 1947, the value of the rupee against the US dollar was Rs.4.16, in these 75 years it has decreased by almost 75 rupees and now it has reached 80 rupees. That is, on average, one rupee decreased per year. In the year 1966, then prime minister Indira gandhi reduced the value of the rupee for the first time due to a severe economic crisis. He devalued the indian rupee to Rs 6.36 and then to Rs 7.50 in the following year, while the indian rupee stood at Rs 4.76 against the US dollar until then. In 1991, when india data-faced a severe economic crisis, the indian rupee was again devalued significantly. Since then, the value of the rupee has depreciated every day for the past few months, reaching a maximum of Rs.80 in July.Now let's see the value of the indian Rupee from 1947 to 2022. 1947 4.16
1948 3.31
1949 3.67
 1950 4.76
1951 4.76
1952 4.76
1953 4.76
 1954 4.76
1955 4.76
1956 4.76
1957 4.76
1958 4.76
1959 4.76
1960 4.76
 1961 4.76
1962 4.76
1963 4.76
1964 4.76
1965 4.76
1966 6.36
1967 7.50
1968 7.50
1969 7.50
1970 7.50
 1971 7.49
1972 7.59
1973 7.74
1974 8.10
1975 8.38
1976 8.96
 1977 8.74
1978 8.19
1979 8.13
1980 7.86
1981 8.66
1982 9.46
1983 10.10
1984 11.36
1985 12.37
1986 12.61
1987 12.96
1988 13.92
1989 16.23
1990 17.50
1991 22.74
 1992 25.92
1993 30.49
1994 31.37
1996 35.43
1997 36.31
1998 41.26
1999 43.06
2000 44.94
2001 47.19
2002 48.61
2003 46.58
2004 45.32
2005 44.10
2006 45.31
2007 41.35
2008 43.51
 2009 48.41
2010 45.73
2011 46.67
 2012 53.44
 2013 56.57
2014 62.33
2015 62.97
2016 66.46
2017 67.79
2018 70.09
2019 70.39
2020 76.38
2021 74.57
2022 79.87