100Rs - 500Rs swap

#16 Aug 27th, 2007, 21:16
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  • capt_mahajan is offline
#16
Quote:
Originally Posted by double-dolphin View Post errrr......maybe i'm just stupid, but how did the 1000 buck thing solve the problem???
Quote:
Originally Posted by shashank.aggarwal View Post
but actually its the way of sending the message that "I am used to these things,. Don't mess with me."

shashank, thanks
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#17 Aug 27th, 2007, 21:20
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#17
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Originally Posted by capt_mahajan View Post shashank, thanks
I am sorry to have jumped in for you...but atleast have your approval now...
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#18 Aug 27th, 2007, 21:33
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#18
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Originally Posted by Rama View Post This is a good warning for those new to a currency! Here are the two notes in question:

100: http://en.wikipedia.org/wiki/Image:100Rupees.png
500: http://en.wikipedia.org/wiki/Image:500Rupees.png

The 50 and 100 notes seem more similar, but of course there are two 500 notes.
thanks, the Rs. 100 note image is now my desktop image..
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#19 Aug 27th, 2007, 22:12
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#19
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Originally Posted by double-dolphin View Post as far as i know it's EXTREMELY illegal
Those images are taken directly from RBI's website, which also marks them clearly as specimens. Therefore they are not legal tender and consequenlty no crime has been committed.
#20 Aug 27th, 2007, 23:02
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#20
I seem to remember the sizes being different in India, with larger denominations being larger in size. that is helpful and intuitive. it reminds me of being a little kid, you know, the idea that the bigger money obviously must be worth more.
#21 Aug 28th, 2007, 02:14
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#21
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Originally Posted by robotvoice View Post I seem to remember the sizes being different in India, with larger denominations being larger in size. that is helpful and intuitive. it reminds me of being a little kid, you know, the idea that the bigger money obviously must be worth more.
Most currencies in the world follow this idea or differentiation via colors. The USD being one of the very few exceptions.

See the Euro:
http://en.wikipedia.org/wiki/Euro_banknotes
See Russian Ruble:
http://en.wikipedia.org/wiki/Russian_ruble
Chilean Peso:
http://en.wikipedia.org/wiki/Chilean_peso
Canadian CAD:
http://www.bankofcanada.ca/en/banknotes/index.html
#22 Aug 28th, 2007, 08:36
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#22

Currency swap

Quote:
Originally Posted by capt_mahajan View Post The scam of switching notes is quite common, with variations, in many parts of the world.
Happened to us in Mexico City. From a bank's own ATM, no less
We got in early (6AM) and got money from the airport's many ATM. Got an old, out-of-circulation 50peso note instead of new 200peso note; it was all in the same stack and we didn't check right away until we tried to pay a taxi 5 hours later

Nothing we could do about it as the bank refused to acknowledge the "mistake" thinking we're just there to scam them! Oh well, a 150peso (US$15) lesson.
#23 Aug 28th, 2007, 09:00
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#23
and i was thinking that i have reached investopedia by mistake.

http://en.wikipedia.org/wiki/Currency_swap

but we are talking about different kind of swap.
#24 Aug 28th, 2007, 09:05
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#24

Sita"s Swap

At home, in Mexico, in India (my #1 travel spots)

Passing a big bill...look them in the eye...say the bill's denomination x 2, do not leave until proper change is provided.

Look stupid and don't move.

Good advice for many situations?
#25 Aug 29th, 2007, 00:01
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#25
absotively posilutely
#26 Sep 18th, 2007, 08:53
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#26
Quote:
Originally Posted by Nick-H View Post Dunno... I think he was famous for something.


Seriously...

Gandhi is on all our notes!


Here -> More than you ever wanted to know about Indian currency
I didn't remember seeing Gandhi on all the currency until this last trip. Gandhi has just been on all the bills since the late 1990s. Before then, he was just on the 500 rupee note.
#27 Sep 18th, 2007, 12:18
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#27
Yes... I think they call it the Ghandi Series or something.

My relationship with India only started in the late 1990s: just coming up to my tenth anniversary. So I am a youngster compared to many here.
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#28 Sep 18th, 2007, 12:30
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#28
Quote:
Originally Posted by Nick-H View Post Yes... I think they call it the Ghandi Series or something.
Nick....its Gandhi and not Ghandi .. This is the last time I am correcting you..

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