Old vs New 500 Rupee Banknote

Although the old 500 rupee banknote seized to be a legal tender, look at both the notes for better understanding of the local currency and reducing chances of getting cheated. Here is a comparison of old and new 500 rupee banknotes:            

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How to Distinguish between New and Old 50 Rupee Banknotes

Obverse of New 50 Rupee Banknote

Recently, India introduced new banknotes in denomination of fifty (50). However, the old banknote of fifty rupees still a legal tender. So, you have two types of the banknotes with the same denomination. Let’s have a look at the both and learn about the respective security features:   Features Old…

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A Rs. 2000 Note Can Buy You 20 Simple Meals

Rs 2000 Note, India

The new Indian Rs. 2,000 note may not pass a graphic design test because of ignoring the basic principles. For example, the note has too many fonts and misaligned elements. The basic layout grid is missing. Poor color choice…   Aesthetics may be missing but it can buy you simple…

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Chavani rests in collectors’ lockers

25-paise coins (India)

 

Chavani, the 25-paisa coin (one fourth of the Indian Rupee), has become an artifact. The coin, unveiled in 1950, is not a legal tender anymore. Sad demise of the coin happened in June 2011. From July 1, 2011, 50- paisa coin “atthanni” became the lowest denomination of the Indian currency.

It is sad to know that value of money is declining. Three decades ago, I just paid one chavani to buy my favorite samosa during school recess. The samosa nowadays costs INR 6.50 at an ordinary sweet shop in Chandigarh. It costs more in big cities, shops and restaurants. However, you have one less coin to familiarize with and remember while traveling to India. If you are traveling to India, remember not to take 25-paisa coin from anyone.