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Introduction: Currency of any country is highly influenced by its history tremendously. The coins have developed over the years. These coins or currencies are made up of various types of materials and new materials are developed so as to make it more usable in our day-to-day life. They are then used for exchange and for various purposes such as buying commodities that are useful. There are various other types of factors that influence the currency development. History: The currency of India can be traced back to 2500 years back. The currency kept on changing with the invasion of rulers. These rulers highly influenced the currency evolution. It was influenced by Alexander, the Dutch, Portuguese and then the British in sequence since long years. The currency not only depicts the usual money but, also the diversity in cultures since many years, which have influenced the overall pattern of the currency. Some of the rulers had this practice of imprinting their face on the coins or currency in their dynasty to make them popular while some used the inscriptions of gods and goddesses. Some of the civilizations like the Mohen-jo-daro and Harappa used seals having fine representation of animal figures and pictorial writing. Minting of the coins started from the 17th century after the invasion of British dynasty. Development of the currency: After India won freedom from the British, the Independent state of India started minting their own coins. The year 1982 saw the outcome of a 2 Rupee coin. It was an effort to substitute the 2-rupee note. India issued various types of coins commemorating great leaders, which made an effort in achieving great heights in the development of India. Many denominations have various freedom fighters like Mahatma Gandhi, Jawaharlal Nehru, some poets like Sri Aurobindo, some pioneers in various fields like Chittaranjan Das, and brave and idolized rulers like Chhatrapati Shivaji and many others. Some of the coins circulating today are the 25 paise, 50 paise, Rs. 1, Rs. 2, and Rs. 5. Currency of India has made a major development in the past few years. Usage: Currency of India is available in various shapes and sizes and materials. Coins are used as a substitute for the paper notes as they are made up of metal and are resistive to climatic conditions making them more useful to be daily used without any problems. The notes that are used as currency also have various depictions like the national flora and fauna, national fruit, national emblem, national leaders and various others.
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