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INDIAN COINS AND RUPEES / MINTING & PRINTING COSTS FROM RBI

        

     

    In India the coins are minted by the government owned security printing and minting corporation is  Security Printing and Minting Corporation of India Limited (SPMCIL)


The cost of creating coins in India depends on various factors such as the denomination of the coin and the material used and the prevailing market prices of metals.
The cost of creating coins in India depends on various factors such as the denomination of the coin and the material used and the prevailing market prices of metals.



 The approximate cost of minting a One rupee coin in India was around 1.11 

                                                    



The cost of minting a Two rupee coin was around 1.28

 



  The cost of minting other denominations of coins takes Rs 3.69 and Rs 5.54 to manufacture the Rs 5 and the current Rs 10 coins respectively

The cost of printing an Indian currency note depends on the denomination of the note. According to the Reserve Bank of India (RBI), 

  • Rs. 10 note: Rs. 1.04 per note
  • Rs. 20 note: Rs. 1.12 per note
  • Rs. 50 note: Rs. 1.81 per note
  • Rs. 100 note: Rs. 1.79 per note
  • Rs. 200 note: Rs. 2.02 per note
  • Rs. 500 note: Rs. 2.43 per note
  • Rs. 2,000 note: Rs. 3.54 per note
                                



Its important to note that the cost of minting coins can change over time due to various factors such as fluctuations in metal prices  changes in manufacturing processes and inflation


  Please note that costs can differ depending on factors such as inflation, exchange rates  and other economic factors

*Therefore  its best to  contact relevant authorities for the most accurate and current cost of creating coins and rupees in India

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