Pakistani Rupee in US Dollar

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.

USD US Dollar

Country of application:
US, American Samoa, British Indian Ocean Territory, British Virgin Islands, Virgin Islands (US), Timor Leste, Haiti, Guam, Marshall Islands, Micronesia, Palau, Panama, Puerto Rico, Northern Mariana Islands, Turks and Caicos Islands, Ecuador

Coin denominations in circulation:
$ 1, 50, 25, 10, 5 and 1 cent.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2, 1 dollar.

History reference:
The US dollar is the countrys official currency and one of the worlds reserve currencies. The name "dollar" is secondary to the name of the European silver coin. Its appearance falls on the period an...d 1775 to 1783 (during the American Revolutionary War). Initially, dollars were only in the form of coins