Pakistani Rupee in Thailand Baht

PKR Pakistani Rupee

Country of application:
Pakistan

Coin denominations in circulation:
1, 2, 5, 10 rupees.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000 rupees.

History reference:
The Pakistani rupee is the national currency and money of the Islamic Republic of Pakistan. Appeared in 1948 instead of the Indian rupee during the partition of British India. The very name of the ru...pee (translated as "forged silver") refers to Ancient India 5-4 centuries BC. In the 80s and 90s of the twentieth century, the Pakistani rupee was subject to significant inflation. Already by 2001, the exchange rate of the local currency against the US dollar was 63 to 1. Although, for example, in 1982 this ratio was at the level of 12.7 rupees per US dollar. For ten years from 1980 to 1990, the monetary unit of Pakistan lost its value by about 7% per year, and already in the first half of the 90s, the inflation rate almost doubled - 11% per year.

THB Thailand Baht

Country of application:
Thailand

Coin denominations in circulation:
1, 2, 5, 10 Thai Baht.

Denominations of banknotes in circulation:
10, 20, 50, 100, 200, 500, 1000 Thai Baht.

History reference:
The Thai baht has been the national currency of Thailand since 1928, when it replaced the Siamese tikal (Siam is the old name for Thailand). For the first time the name "bat" is found in texts dating... back to the 14th century. Numismatists interested in the history of Thai money are convinced that the baht existed in the Middle Ages, but there is no documentary evidence for this fact. The first paper banknotes were officially printed in 1892 - their issue was initiated by the Ministry of Finance of Siam. The circulation included denominations of 1, 5, 10, 40, 80, 100, 400 and 800 baht - this is how the banknotes were called in everyday life. Those rare samples that have survived to this day and have been studied by scientists give an idea of \u200b\u200bmoney. They depicted a portrait of a king, a lion and a Bengal tiger.