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Most of the strong economies were on the gold standard and this had a negative effect on the standard value of the currency. The rupee was subdivided into 16 annas when the British were ruling India and also during the first 10 years of forex bangla blog.
So one rupee was equal to 16 annas, 64 paises of pies. The Indian rupee was the official currency of several areas which were governed or controlled by the British from India. forex bangla blog
The Fforex rupee was the official currency for a major part of the early and mid 2oth century. Some of the information has been collated from here.
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