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What was the exchange rate of USD to INR in 1947?

avatarJando MudoDec 18, 2021 · 3 years ago10 answers

I'm curious about the exchange rate between the United States Dollar (USD) and the Indian Rupee (INR) in the year 1947. Can you provide me with the historical exchange rate for that specific year?

What was the exchange rate of USD to INR in 1947?

10 answers

  • avatarDec 18, 2021 · 3 years ago
    Back in 1947, the exchange rate between the USD and INR was approximately 1 USD to 1 INR. However, it's important to note that the exchange rate has fluctuated significantly over the years due to various economic factors. This historical exchange rate serves as a reference point to understand the initial parity between the two currencies.
  • avatarDec 18, 2021 · 3 years ago
    Ah, the good old days of 1947! The exchange rate between the USD and INR was 1:1. It's fascinating to see how things have changed since then. Nowadays, the exchange rate is much higher, and it's always a good idea to keep an eye on the latest rates if you're planning any currency conversions.
  • avatarDec 18, 2021 · 3 years ago
    According to historical data, the exchange rate between the USD and INR in 1947 was 1:1. This means that 1 USD was equivalent to 1 INR. It's interesting to see how the exchange rate has evolved over time and how it impacts international trade and investments. If you're interested in currency exchange, it's always a good idea to stay updated with the latest rates.
  • avatarDec 18, 2021 · 3 years ago
    In 1947, the exchange rate between the USD and INR was 1:1. This was the initial exchange rate when India gained independence from British rule. Since then, the exchange rate has fluctuated due to various economic factors. It's always important to consider the current exchange rate before making any currency conversions.
  • avatarDec 18, 2021 · 3 years ago
    As an expert in the field, I can confirm that the exchange rate between the USD and INR in 1947 was 1:1. This is a significant historical milestone, considering the subsequent fluctuations in the exchange rate. If you're interested in currency exchange, it's crucial to stay informed about the latest rates and market trends.
  • avatarDec 18, 2021 · 3 years ago
    The exchange rate between the USD and INR in 1947 was 1:1. This means that 1 USD was equal to 1 INR. It's interesting to see how the exchange rate has changed over time and how it affects international trade. If you're planning any currency conversions, make sure to check the current exchange rate to get the best value for your money.
  • avatarDec 18, 2021 · 3 years ago
    According to historical records, the exchange rate between the USD and INR in 1947 was 1:1. This was the initial exchange rate after India's independence. It's fascinating to see how the exchange rate has evolved since then. If you're interested in currency exchange, it's always a good idea to compare rates from different sources to get the best deal.
  • avatarDec 18, 2021 · 3 years ago
    The exchange rate between the USD and INR in 1947 was 1:1. This means that 1 USD was equivalent to 1 INR. It's interesting to look back at the historical exchange rates and see how they have changed over time. If you're planning any currency conversions, it's essential to consider the current exchange rate to ensure you get the most value for your money.
  • avatarDec 18, 2021 · 3 years ago
    Back in 1947, the exchange rate between the USD and INR was 1:1. This was the initial exchange rate after India's independence. Since then, the exchange rate has fluctuated due to various economic factors. It's always a good idea to stay updated with the latest rates if you're involved in international trade or currency conversions.
  • avatarDec 18, 2021 · 3 years ago
    The exchange rate between the USD and INR in 1947 was 1:1. This was the starting point for the two currencies, and the exchange rate has changed significantly since then. If you're interested in currency exchange, it's important to consider the current rates and any fees associated with the conversion process.