The history of the rupees traces back to Ancient India in circa 6th century BC. Ancient India was the earliest issuers of coins in the world.along with the Chinese wen and Lydian staters.Sher Shah Suri, during his five year rule from 1540 to 1545, set up a new civic and military administration and issued a coin of silver, weighing 178 grains, which was termed theRupiya.Gold coins' (Suvarnarupa),' copper coins '( Tamararupa)' and lead coins (Sisarupa) are mentioned.' Rupa' means form or shape, example,' Rupyarupa', Rupya - wrought silver, rupa - form.