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History. 1892 Straits Settlements stamp. A postal service had been available in Singapore since the contemporary city was founded by Stamford Raffles in 1819. Postal services were first directly organised in Singapore in 1826, and from 1829 rectangular postmarks began to be used on local correspondence.
Postage stamps of India were used from 1854, the Settlements being considered part of the "Bengal circle", then from 1861 they became part of the "Burma circle". The cancellations used were B/109 at Malacca, B/147 at Penang, and B/172 at Singapore. 1883 Straits Settlements 4c stamp. First stamps 1892 "key plate" stamp of Straits Settlements.
The rupee was worth one shilling and sixpence in sterling in 1947. The US dollar was worth ₹ 3 in 1947 not 1, and ₹ 82.62 in 2023 Notes. The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates.
The first stamps valid for postage throughout India were placed on sale in October 1854 with four values: 1/2 anna, 1 anna, 2 annas, and 4 annas. [15] Featuring a youthful profile of Queen Victoria aet. 15 years, all four values were designed and printed in Calcutta, and issued without perforations or gum.
On July 9, the price of a first-class stamp will rise to 66 cents from 63 cents. In January, the price of first-class stamps rose from 60 cents to 63 cents. ... But it was the first time rates for ...
1 cent minted by the East India Company for the Straits Settlements in 1845. Strait dollar found in Indonesia during British Occupation: 1 dollar, 20 cent, and 5 cent. The first coins issued for the Straits Settlements in 1845 were , and 1 cent denominations in copper. They were issued by the East India Company and did not bear any indication ...
At the time of independence (in 1947), India's currency was pegged to pound sterling, and the exchange rate was a shilling and six pence for a rupee — which worked out to ₹13.33 to the pound. The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around ₹3.30.
In 1950, India became a republic and the first stamps of India as a republic were a series of four issued on that very day. The stamp issues continued to be in Annas (abbreviated as "As") until 1957, when the Indian rupee was decimalised : the rupee was divided into 100 naye paise (Hindi for "new paise").