Introduction of Rupee Symbol: July 2011

The Indian rupee sign is the currency sign for the Indian rupee, the official currency of India. On 5 March 2009, the Indian government announced a contest to create a sign for the Indian rupee.The final selected symbol was designed by D Udaya Kumar, a B.Arch and student of visual communication at the Industrial Design Centre, IIT Bombay. Its design was presented to the public by the Government of India on 15 July 2010.



Rupee Symbol

The proposed sign reflects and capture the Indian ethos and culture. This new sign is a combination of the Devanagari letter "र" (ra) and the Latin capital letter "R" without its vertical bar (similar to the R rotunda). The parallel lines at the top (with white space between them) are said to make an allusion to the tricolor Indian flag and also depict an equality sign that symbolizes the nation's desire to reduce economic disparity.

RBI released a new coin series adopting the new Rupee symbol on 22 July 2010.

50 Paise | Ferritic Stainless Steel |

Obverse: Lion Capitol of AShoka pillar.
Reverse: Denominational value “50 paise” in the international numerals flanked on the left and right periphery with the floral design.

1 Rupee | Ferritic Stainless Steel | 3.8 gm

Obverse: Lion Capitol of AShoka pillar.
Reverse: Denominational value “1” in the international numerals flanked on the left and right periphery with the floral design. The upper periphery bears Rupee symbol.

2 Rupees | Ferritic Stainless Steel | 4.9 gm

5 Rupees | Nickel Brass | 6 gm

10 Rupees | Outer Ring: Aluminium  Bronze, Center: Cupro-Nickel | 8 gm



Here are all the coins togather to get the idea of their comparative sizes:



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