Dynamic Country, Dynamic Currency
India’s currency is dynamic in nature. You don’t just have to believe what is said, this can actually be proven. No one else is needed for this. You can prove the dynamism of the currency yourself. However, you sure will need a magnifying glass or perhaps even a small telescope.
To let you in on a secret, when you use the magnifying glass on the currency notes of India, especially near the area where an image of the father of the nation is printed, you will see not just the pixels but something else too.
Gandhi Ji's image has micro text printed on it in different places. There are three micro texts in total. One is situated near the left temple of Gandhi Ji's face, on the spectacle. This one has RBI written on it.
The other one is situated on the left corner of Gandhi Ji’s shirt which has India and ‘Bharat’ in Hindi written on it. The third one is on the outer surface of the right side spectacle that has ‘Bharat’ written in Hindi on it.
This is how advanced the currency and its notes and coins became after India got its independence and the matters of the currency were handed over to the RBI.
Before independence, the Indian currency notes had images of King George VI printed on them as India was under the rule of the British Raj.
After India got its own democratic system and a separate government, this was changed. New designs were introduced to replace the British king.
By this time, the government of the country had the power of only printing 1 rupee note. However, the RBI was responsible for printing out notes. Given recently the power of printing and distributing money, notes were being printed under the capacity of 5000 to even 10,000 rupees in one note.
The value of these notes decreased when India was hit with the first blow of demonetisation. With that, all the notes that prevailed before independence were dismissed, never to be used again. Along with that, all the notes that were above the denomination of rupees 100 were also dismissed.
Later, in the year 1987, 500 rupee notes were introduced, followed by a denomination of notes of rupees 1000 and 2000. As these elder siblings of the younger ones came into existence, the younger notes of rupees 1 and 2 were ordered to be discontinued too.
India’s independence wasn’t just a huge blow on the entire British empire but also brought about huge changes in the entire country, which was bound to happen. Talking about the currency specifically, not only did the independence lead to the currency becoming dynamic but also a treat to the eyes, literally.