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Pakistan Mint. Valuation. Inflation. 11.8% (May 2024) The Pakistani rupee ( ISO code: PKR) is the official currency in the Islamic Republic of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. It was officially adopted by the Government of Pakistan in 1949.
Exchange rate history of the Indian rupee. This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence ...
The dollar-pound exchange rate then was $4.03 to the pound, which in effect gave a rupee-dollar rate in 1947 of around ₹3.30. [24] [25] The pound was devalued in 1949, changing its parity from 4.03 to 2.80. India was then a part of the sterling area, and the rupee was devalued on the same day by the same percentage so that the new dollar ...
The Iraqi dinar ( Arabic pronunciation: [diːˈnɑːr]) ( Arabic: دينار; sign: ID[ 1] in Latin, د.ع in Arabic; code: IQD) is the currency of Iraq. It is issued by the Central Bank of Iraq and is subdivided into 1,000 fils (فلس), although inflation has rendered the fils obsolete since 1990. [ 2]
Pakistan Pakistani rupee ₨ PKR Paisa = 1 ⁄ 100 rupee 295.64616 1947 Indian rupee (prior to partition) Seychelles Seychellois rupee: SR, SRe SCR Cent = 1 ⁄ 100 rupee 13.405025 1976 Mauritian rupee Sri Lanka Sri Lankan rupee ₨, රු, ௹ LKR Cent = 1 ⁄ 100 rupee 313.09518 1885 Indian rupee, pound sterling, Ceylonese rixdollar
Cyprus. £1 Cyprus pound note issued in 1955. The first territory in the Middle East to adopt the pound sterling unit of account was Cyprus. At the time of the occupation in 1878, for the purpose of paying the troops the British government instructed that a Turkish lira was to be rated at 9⁄10 of a pound sterling. [5]
[1] [2] In the Indian 2, 2, 3 convention of digit grouping, it is written as 1,00,000. [3] For example, in India, 150,000 rupees becomes 1.5 lakh rupees, written as ₹ 1,50,000 or INR 1,50,000. It is widely used both in official and other contexts in Afghanistan , Bangladesh , Bhutan , India , Myanmar , Nepal , Pakistan , and Sri Lanka .
The Pakistani rupee was pegged to the pound sterling until 1982, when the government of General Zia-ul-Haq, changed it to a managed float regime. As a result, the rupee devalued by 38.5% between 1982/83, and many of the industries built by his predecessor suffered a huge surge in import costs.