Countries That Use Rupees 2023

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What Is a Rupee?

A rupee is a form of currency, similar to the pound sterling, the euro, and the US dollar, of some prominence throughout Asia and the greater Pacific region. The rupee is one )of the oldest forms of currency, appearing in historical (though occasionally disputed) references dating back to 340 BC and earlier. Although use of the rupee has faded from its historical peak, its use in India—the second-most-populous country in the world—ensures its place as one of the world's most important currencies.

Like other major currencies such as the peso and the franc, the rupee has several variations (typically one per country), which often have distinct monetary values. India has also created a digital rupee, a fully virtual rupee that is also official legal tender, to compete with BitCoin and other cryptocurrencies.

Unlike other major currencies, the word rupee has a wide range of alternate spellings and linguistic cognates, including roupie, rupie, rufiyaa, rupiah, and roepiah—however, the visually similar term ruble refers to an entirely different currency. The name rupee is also given to the fictional in-game currency used in Nintendo's Legend of Zelda videogame franchise.

Countries That Use Rupees:

Country/Territory Rupee type ISO 4217 Code $1 USD (23 Nov 2022) =
Bhutan Indian rupee/Bhutanese ngultrum* INR/BTN 81.73 INR/BTN
India Indian rupee INR 81.73 INR
Indonesia Indonesian rupiah IDR 15,631.68 IDR
Maldives Maldivian rufiyaa MVR 15.40 MVR
Nepal Nepalese rupee NPR 130.82 NPR
Pakistan Pakistani rupee PKR 223.95 PKR
Seychelles Seychellois rupee SCR 13.42 SCR
Sri Lanka Sri Lankan rupee LKR 365.49 LKR

* Bhutan currently uses two main currencies: the Indian rupee and the Bhutanese ngultrum, whose value is pegged 1:1 with the Indian rupee.

Countries That Previously Used Rupees*:

Country/Territory Rupee Type Year Replaced Current Currency ISO 4217 code
Afghanistan Afghanistan Kabuli rupee 1927 Afghan afghani AFN
Bahrain Persian Gulf rupee 1966 Bahraini dinar BHD
Bangladesh Pakistani rupee 1972 Bangladeshi taka BDT
Burundi (as German East Africa) German East Africa rupie 1916 Burundian franc BIF
Cocos (Keeling) Islands Indian rupee 1945 Australian dollar AUD
Djibouti Indian rupee 1943 Djiboutian franc DJF
Iraq Indian rupee 1931 Iraqi dinar IQD
Kenya (as British East Africa) East African rupee 1920 Kenyan shilling KES
Kuwait Persian Gulf rupee 1961 Kuwaiti dinar KWD
Myanmar (as Burma) Burmese rupee 1952 Burmese kyat MMK
Oman Persian Gulf rupee 1970 Omani rial OMR
Qatar Persian Gulf rupee 1966 Qatari rial QAR
Rwanda German East African rupie 1916 Rwandan franc RWF
Somalia (as Italian/British Somaliland) Indian rupee 1925/1951 Somali shilling
Tanzania (as Tanganyika) East Africa rupee 1920 Tanzania shilling TZS
Thailand Indian silver rupee** 1902 Thai bhat THB
Tibet Tibetan silver rupee 1951 Chinese yuan renminbi CNY
Timor Leste Indonesian rupee 2002 US dollar USD
Uganda East Africa rupee 1920 Ugandan shilling UGX
United Arab Emirates (as the Trucial States) Persian Gulf rupee 1966 Emirati dirham AED
Yemen Indian rupee 1951 Yemeni rial YER
Zimbabwe Indian rupee** 2019 Zimbabwean dollar ZWD

* Notes:
— Currencies listed as currently in use are not necessarily the same currencies that replaced the rupee. In some cases, the currency that replaced the rupee has itself been replaced with one or more newer currencies. In these cases, only the currency presently in use is listed.
— Similarly, for countries that have used multiple variations of rupee during their history, the most recent version used is listed. For example, Bangladesh used the Indian rupee from 1835-1948, but replaced it with the Pakistani rupee from 1948-1972, so the Pakistani rupee is the variant listed.
— Countries marked ** had at least one additional form of official currency in addition to rupees.

Is a Rupee Worth a Lot of Money?

Not as a rule. The value of a rupee varies significantly depending upon which country's version of the rupee one is valuing, but most countries that use the rupee are still developing economically—in fact, many rank among the least developed in the world. As a result, the rupee carries significantly less worth and has less trade value than the stronger forms of currency such as the euro, the dollar, or the pound, which are issued by developed countries with a high standard of living. At present, the most valuable rupee is the Seychellois rupee, which is equivalent to roughly 7.5 US cents. The least valuable rupee is the Indonesian rupiah, which is worth less than a hundredth of a US cent.

Countries That Use Rupees 2023

Notes: Rupee has multiple alternate spellings/analogs, including roupie, rupie, rufiyaa, rupiah, and roepiah. | Currencies currently in use are not necessarily the same currencies that replaced the rupee. In some cases, the currency that replaced the rupee has itself been replaced with one or more newer currencies. In these cases, only the currency presently in use is listed. | For countries that have used multiple variations of rupee during their history, the most recent version used is listed. For example, Bangladesh used the Indian rupee from 1835-1948, but replaced it with the Pakistani rupee from 1948-1972, so the Pakistani rupee is the variant listed. | Countries marked ** had at least one additional form of official currency in addition to rupees.

Countries That Use Rupees 2023

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