in indian rupees
2007-02-01 05:51:16 · 5 answers · asked by brightson t 1 in Social Science ➔ Economics
1.00 USD United States Dollars = 44.0250 INR India Rupees
2007-02-01 05:55:41 · answer #1 · answered by thatoneguy 3 · 0⤊ 0⤋
The value ration between US dollars and Indian rupees fluctuates, because in actuality, they are both worthless. They have no intrinsic value. They are what is called fiat money, government says that it is legal tender. What establishes their relative "value" is how fast the US of India inflates their currency.
When individuals print currency, it is called counterfeiting. When governments do it, it is called inflation. Real money does not inflate.
A hundred years ago, virtually all countries were using gold as money. There were no exchange rates, as an ounce of gold in the US equaled an ounce of gold in the US. Criminal bankers and politicians have convinced not only the American people, but most of the world, that precious metal is not required for money. And so, people today accept inflation as normal and acceptable. They are being robbed, but they don't seem to care.
2007-02-01 06:13:44 · answer #2 · answered by iraqisax 6 · 1⤊ 0⤋
I don't know about the rupees, but for a dollar (plus tax of course) you can get a double cheeseburger from McDonald's or Burger King. Not a bad deal I must say.
2007-02-01 07:04:50 · answer #3 · answered by anidealworld 2 · 0⤊ 0⤋
1.0000 U.S. Dollar = 44.0250 Indian Rupees
2007-02-01 07:22:21 · answer #4 · answered by pedohunter1488 4 · 0⤊ 0⤋
Go to a currency exchange web site. (like they have in your "My Yahoo!" section) It can give you current information of the exchamge rates.
2007-02-01 05:55:56 · answer #5 · answered by grumpyfiend 5 · 0⤊ 0⤋