Zambian Kwacha in Pakistani Rupee

ZMW Zambian Kwacha

Country of application:
Zambia

Coin denominations in circulation:
5, 10, 50 ngwe and 1 kwacha.

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

History reference:
The Zambian kwacha is the currency of the Republic of Zambia. 1 kwacha is made up of 100 ngwee. The kwacha has been the currency of Zambia since 1968, when it replaced the Zambian pound (exchange rat...e: 1 pound = 2 kwacha). Kwacha means "freedom" in one of the local dialects. On January 1, 2013, the kwacha was denominated with a change in its codes in the ISO 4217 standard: new letter code - ZMW (old - ZMK)

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.