Indian Currency The Currency Department in RBI attends to the core statutory function of note and coin issue and currency management. Learn about the history, denominations, and value of the Indian Rupee, its significance, and its impact on India 's economy and global trade. Learn about the Indian Rupee (₹), the official currency of India , and its historical and economic significance. Find out the denominations, design, security features and exchange rates of the rupee in this article. India 's official currency is the Indian Rupee (INR), symbolized by ₹. The Reserve Bank of India (RBI) oversees its issuance and regulation. The rupee is available in coins of ₹ 1, ₹ 2, ₹ 5, and ₹ 10, and banknotes of ₹ 10, ₹ 20, ₹ 50, ₹ 100, ₹ 200, and ₹ 500. India operates under a managed floating exchange rate system, allowing the rupee's value to fluctuate based on market dynamics, with occasional RBI interventions to maintain stability.