The 5-Year King Who Named the Rupee in Your Pocket

The word rupee comes from Sanskrit 'rupya', meaning wrought silver.

Sher Shah Suri standardised the silver rupiya at about 178 grains (~11.6 g) around 1540.

The Mughals and the British kept his coin's weight, so it survived nearly 500 years.

India only went decimal in 1957, splitting the rupee into 100 paise.

The ₹ symbol is new — designed by D. Udaya Kumar and adopted in 2010.

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