Date in year · 2016 · The 2010s
On November 8, 2016, indian Prime Minister Narendra Modi publicly announces the withdrawal of ₹500 and ₹1000 denomination banknotes. The year's #1 song was "Love Yourself" by Justin Bieber. The Rizzler, Jigme Namgyel Wangchuck, Prince Oscar would arrive in the same year.
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2016
2010s
Featured · November 8, 2016
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2000 banknotes in exchange for the demonetised banknotes. Prime Minister, Narendra Modi said that this decision would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.
Around 2016
2016 (MMXVI) was a leap year starting on Friday of the Gregorian calendar, the 2016th year of the Common Era (CE) and Anno Domini (AD) designations, the 16th year of the 3rd millennium and the 21st century, and the 7th year of the 2010s decade.
What happened
Demonetisation of Indian banknotes
On 8 November 2016, the Government of India announced the demonetisation of all ₹500 and ₹1,000 banknotes of the Mahatma Gandhi Series. It also announced the issuance of new ₹500 and ₹2000 banknotes in exchange for the demonetised banknotes. Prime Minister, Narendra Modi said that this decision would curtail the shadow economy, increase cashless transactions and reduce the use of illicit and counterfeit cash to fund illegal activity and terrorism.
President of the United States (2017–2021; since 2025)
Donald John Trump is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the 45th president from 2017 to 2021.
Elsewhere that year
The class of 2016
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