In SAARC (South Asian Association for Regional Corporation), there are eight countries.\u00a0 <\/span><\/p>\n They are Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan and Sri Lanka. <\/span><\/p>\n In this article, you will read about the currency name, central bank and historical part of SAARC.<\/span><\/p>\n <\/p>\n \u00a0<\/span><\/p>\n The official currency of Afghanistan is Afghan Afghani (symbol singular Af, plural Afs, (<\/span>\u060b<\/span>)<\/span>. <\/span><\/p>\n The subunit is pul where 100 puls equals one Af but coins are not in circulation. <\/span><\/p>\n The central bank of Afghanistan is the Da Afghanistan Bank (DAB). <\/span><\/p>\n The DAB issues notes in Afghanistan.<\/span><\/p>\n DAB was established in 1939. <\/span><\/p>\n In Afghanisthan coin, there is the Greek text; “\u0392\u0391\u03a3\u0399\u039b\u0395\u03a9\u03a3 \u039c\u0395\u0393\u0391\u039b\u039f\u03a5 \u0395\u03a5\u039a\u03a1\u0391\u03a4\u0399\u0394\u039f\u03a5” meaning is \u201cOf the great king Eucratides.\u201d<\/span><\/p>\n Bank notes: 1Af, 2 Afs, 5 Afs, 10 Afs, 20 Afs, 50 Afs, 100 Afs, 500 Afs, 1,000 Afs <\/span><\/span><\/p>\n Coins: 1 Af, 2 Af, 5 Af.<\/span><\/p>\n Currency code AFN<\/span><\/p>\n www.dab.gov.af<\/a><\/span><\/p>\n \u00a0<\/span><\/p>\n BANGLADESH<\/span><\/b><\/span><\/p>\n The official currency of <\/span>Bangladesh<\/span> is Taka (symbol <\/span>\u09f3<\/span>, Tk)<\/span>. <\/span><\/p>\n The subunit is paisa where 100 paisa equals one Taka. <\/span><\/p>\n The central bank of Bangladesh is the Bangladesh Bank (BB). <\/span><\/p>\n The BB issues notes and coins in Bangladesh.<\/span><\/p>\n BB was established on 16th<\/sup> December 1971 in Dhaka. <\/span><\/p>\n Before 1971, Bangladesh was the part of India and controlled by the British Indian central bank namely Reserve Bank of Indian. <\/span><\/p>\n Bank notes: \u00a0<\/span><\/span>\u09f3<\/span>2, <\/span>\u09f3<\/span>5, <\/span>\u09f3<\/span>10, <\/span>\u09f3<\/span>20, <\/span>\u09f3<\/span>50, <\/span>\u09f3<\/span>100, <\/span>\u09f3<\/span>500, <\/span>\u09f3<\/span>1,000<\/span><\/p>\n Coins: 5<\/span>\u09f3<\/span><\/p>\n Currency code BDT<\/span><\/p>\n www.bb.org.bd<\/span><\/a><\/span><\/p>\n \u00a0<\/span><\/p>\n <\/p>\n The official currency of <\/span>Bhutan is<\/span> Ngultrum<\/span> and Indian rupees (symbol <\/span>Nu and <\/span>\u20b9)<\/span>. <\/span><\/p>\n The subunit is Chhertum where 100 Chhertum (Ch) equals one Nu. <\/span><\/p>\n The central bank of Bhutan is the Royal Monetary Authority of Bhutan (RMA). <\/span><\/p>\n The RMA issues notes and coins in Bhutan but mostly Indian currency is circulated. <\/span><\/p>\n RMA was established in 1982 in Thimbu. <\/span><\/p>\n Before 1982, central banking systems were conducted by three agencies named the Ministry of Finance, State Trading Corporation of Bhutan and Bank of Bhutan.<\/span><\/p>\n Bank notes: Nu 1, Nu 5, Nu 10, Nu 20, Nu 50, Nu 100, Nu 500, Nu 1,000.<\/span><\/span><\/p>\n Coins: Ch 20, Ch 25, Ch 50, Nu 1 (Ch 5 and Ch 10 rarely used)<\/span><\/p>\n Currency code BTN<\/span><\/p>\n www.rma.org.bt<\/span><\/a><\/span><\/p>\n \u00a0<\/span><\/p>\n The official currency of India is Rupee (symbol \u20b9<\/span>; this symbol was designed by D. <\/span>Udaya Kumar in 2010. <\/span><\/p>\n Before this, symbol was Rs. <\/span><\/p>\n The subunit is paisa where 100 paisa equals one rupee. <\/span><\/p>\n The Reserve Bank of India (RBI) is the central bank of India. <\/span><\/p>\n The RBI issues notes and coins in India but \u20b9 1 note is issued by Government of India (not RBI). <\/span><\/span><\/p>\n RBI was established on 1 April 1935 in Calcutta (now Kolkata) and moved permanently to Bombay (now Mumbai) in 1937. <\/span><\/p>\n On 8 November 2016, the Government of India (PM Narendra Damodar Modi) announced demonetization of \u20b9500 and \u20b9 1,000 banknotes and issued new \u20b9 2,000 bank note.<\/span><\/span><\/p>\n Bank notes: \u20b95,<\/span> \u20b9<\/span>10, \u20b9<\/span> 20, \u20b9 25, \u20b9<\/span> 50, \u20b9<\/span> 100, \u20b9<\/span> 500 and \u20b9 <\/span>2,000 (before demonization \u20b91000)<\/span><\/span><\/p>\n Coins: 1 Rupee, 2 Rupees, 5 Rupees and 10 Rupees.<\/span><\/p>\n www.rbi.org.in<\/span><\/a><\/span><\/p>\n \u00a0<\/span><\/span><\/p>\n The official currency of Maldives is Rufiyaa (symbol Rf, MRf, MVR, <\/span><\/span>\u0783<\/span>)<\/span>. <\/span><\/p>\n The subunit is Maldivian laari where 100 Maldivian laari equals one Rf. <\/span><\/p>\n Rufiyaa is derived from Sanskrit word \u2018rupya\u2019 which means wrought silver. <\/span><\/p>\n The central bank of Maldives is the Maldivian Monetary Authority (MMA). <\/span><\/p>\n The MMA issues notes and coins in Maldives.<\/span><\/p>\n MMA was established on 1st<\/sup> July 1981. Before establishment of MMA, Ceylonese rupee was in circulation. <\/span><\/p>\n Bank notes: Rf 10, Rf 20, Rf 50, Rf 100, Rf 500 and Rf 1,000 <\/span><\/span><\/p>\n\u00a0<\/h3>\n
AFGHANISTAN<\/span><\/b><\/span> <\/b><\/h3>\n
\u00a0<\/h3>\n
BHUTAN<\/span><\/b><\/span><\/h3>\n
INDIA<\/b><\/span><\/h3>\n
Currency code INR<\/span><\/h3>\n
MALDIVES <\/span><\/b><\/span><\/b><\/h3>\n