Romanian Leu in Pakistani Rupee

RON Romanian Leu

Country of application:
Romania

Coin denominations in circulation:
1, 5, 10, 50 baths.

Denominations of banknotes in circulation:
1, 5, 10, 50, 100, 200, 500 lei.

History reference:
The national currency of Romania as the official currency is the leu, otherwise called the Romanian new leu. The new leu is the fourth leu in a series of revaluation currencies since 1867. The new le...u replaced the old Romanian leu (currency symbol ROL) in July 2005 at a rate of 10,000 old lei for one new leu. The current version was used together with the previous leu from March 2005 to June 2006 during the conversion period. Throughout history, the leu has been pegged to currencies of other countries such as the German Reichsmark, the US dollar and the Russian ruble. While Romania is currently planning to adopt the euro as its main currency in 2024, the leu is not currently pegged to the euro.

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.