RBI Monetary Museum

RBI Monetary Museum
Location	Amar Building, Ground Floor; Sir Phirozshah Mehta Road; Fort, Mumbai - 400001
Coordinates	18°56′03″N 72°50′12″E / 18.934107°N 72.836547°E
Type	Numismatics, Economic history
Collections	Ancient cowries, coins, paper money, financial instruments
Collection size	1,500
Owner	Reserve Bank of India
Public transit access	Chhatrapati Shivaji Terminus; Churchgate
Website	m.rbi.org.in//Scripts/ic_museum.aspx

RBI Monetary Museum or Reserve Bank of India Monetary Museum is a museum in Fort, Mumbai that covers the evolution of money in India, from the earliest barter system and the use of cowries to paper money, coins, stock markets and modern-day electronic transactions.^[1]

History

The museum was established under the educational programme by the Reserve Bank of India, India's central bank, in 2004 and was inaugurated by A. P. J. Abdul Kalam, the then President of India.^[2] It was the first museum in the country devoted to economic history and numismatics.^[3]

The collection, divided into six sections, has about 1,500 objects that include coins dating back to 6th-century BCE and from Indus Valley, the Kushana Empire, the Gupta period and the British Raj; ancient paper money from across India, China and Southeast Asia; financial instruments; and other interactive exhibits.^[1]^[4] Entry to the museum is free.

References

^ ^a ^b Vernekar, Sara (2 May 2018). "Paper bills, coins, and money through the ages". The Hindu. Archived from the original on 2 July 2020. Retrieved 2 July 2020 – via www.thehindu.com.
^ "Tourist spot: Wealth of history at museum of money". 7 November 2016. Archived from the original on 2 July 2020. Retrieved 2 July 2020.
^ "President of India inaugurates RBI Monetary Museum". Reserve Bank of India. 18 November 2004. Archived from the original on 10 June 2021. Retrieved 22 June 2022.
^ "Mumbai for Kids: Why the 14-year-old RBI Monetary Museum is worth a visit". mid-day. 3 February 2018. Archived from the original on 3 July 2020. Retrieved 2 July 2020.