Pakistani rupee

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The rupee (PKR) is the currency of Pakistan.

Contents

History

The Pakistani rupee came into being in at independence in 1947. For the first few months of independence, Pakistan used Indian coins and notes with "Pakistan" stamped on them. New coins and banknotes were issued in 1948. Like the Indian rupee, it was originally divided into 16 annas, each of 4 pice or 12 pies. The currency was decimalized in 1961, with the rupee subdivided into 100 paise (singular paisa).

Coins

  • 1 Anna (no longer minted)
  • 1 Paisa (no longer minted)
  • 5 Paisa (no longer minted)
  • 10 Paise (no longer minted)
  • 25 Paise (no longer minted)
  • 50 Paise (no longer minted)
  • 1 Rupee
  • 2 Rupee
  • 5 Rupee
  • 10 Rupee (not yet introduced)

Banknotes

  • 1 Rupee (no longer printed)
  • 2 Rupee (no longer printed)
  • 5 Rupee (no longer printed)
  • 10 Rupee
  • 20 Rupee
  • 50 Rupee
  • 100 Rupee
  • 500 Rupee
  • 1,000 Rupee
  • 5,000 Rupee (not yet introduced)

The State Bank of Pakistan is responsible for printing Rupee banknotes. All banknotes other than the one and two rupee ones feature a portrait of Muhammad Ali Jinnah on the front along with writing in Urdu. The backsides of banknotes vary in what image they display, and contain information in English. The only Urdu text found on the backsides of banknotes contain the legend "Earning legal livelihood is akin to prayer". Banknotes vary in width and color, with larger denominations being longer than smaller ones, and all containing multiple colors. However, each rupee does have one color that is predominant on it. All banknotes feature a watermark for security purposes. On the larger denomination notes, the watermark is a picture of Jinnah, while on smaller notes, it is a crescent and star. Different types of security threads are also present in each banknote.

Description of rupee banknotes
Denomination Dimensions Dominant Color(s) Back Illustration
1 Rupee
95 x 66 mm
Brown
Tomb of Allama Iqbal in Lahore
2 Rupees
109 x 60 mm
Purple
5 Rupees
127 x 73 mm
Burgundy
10 Rupees
141 x 74 mm
Green
20 Rupees
65 x 123 mm
Brown
50 Rupees
154 x 73 mm
Purple and Red
100 Rupees
165 x 73 mm
Red and Orange
500 Rupees
175 x 73 mm
Green, tan, red, and orange
1000 Rupees
175 x 73 mm
Blue
Tomb of Jehangir in Lahore


Depiction of rupee banknotes
Front
Value (Rupees)
Back
Image:Pakistan 1 Rupee f.jpg
1
Image:Pakistan 1 Rupee b.jpg
Image:Pakistan 2 Rupees f.jpg
2
Image:Pakistan 2 Rupees b.jpg
Image:Pakistan 5 Rupees f.jpg
5
Image:Pakistan 5 Rupees b.jpg
Image:Pakistan 10 Rupees f.jpg
10
Image:Pakistan 10 Rupees b.jpg
Image:Pakistan 50 Rupees f.jpg
50
Image:Pakistan 50 Rupees b.jpg
Image:Pakistan 100 Rupees f.jpg
100
Image:Pakistan 100 Rupees b.jpg
Image:Pakistan 500 Rupees f.jpg
500
Image:Pakistan 500 Rupees b.jpg
Image:Pakistan 1000 Rupees f.jpg
1000
Image:Pakistan 1000 Rupees b.jpg

Exchange Rate

Image:USDollar-PakRupee-2002-2003.png

The Pakistani rupee depreciated against the US dollar until the turn of the century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.

As of 2005 1 US Dollar is worth around 59 Rupees.

External links


Rupees

Indian rupee | Mauritian rupee | Nepalese rupee | Pakistani rupee | Seychelles rupee | Sri Lankan rupee | Indonesian rupiah | Maldivian rufiyaa

Formerly used rupees include: Burmese rupee | French Indian rupee | German East African rupie | Gulf rupee | Portuguese Indian rupia

History of the rupee


Currencies of Asia and the Pacific
Central Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
East Chinese yuan | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
South-East Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US Dollar (East Timor) | Vietnamese dong
South Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
West Armenian dram | Azeri manat | Bahraini dinar | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | Israeli new sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese pound | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | Turkish new lira | UAE dirham | Yemeni rial
Pacific Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Hawaii, Marshall Islands, Federated States of Micronesia, Northern Mariana Islands, Palau) | Vanuatu vatu
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nl:Pakistaanse roepie

fi:Pakistanin rupia

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