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The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
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 ...
Indonesian rupiah: East Timor. Rupee is the common name for the currencies of India, Mauritius, Nepal, Pakistan, Seychelles, and Sri Lanka, and of former currencies of Afghanistan, Bahrain, Kuwait, Oman, the United Arab Emirates (as the Gulf rupee ), British East Africa, Burma, German East Africa (as Rupie/Rupien ), and Tibet.
U.S. dollar, the official currency of the United States, the world's dominant reserve currency and the most traded currency globally. Euro, the currency used by the most of countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar, are not used in day-to-day ...
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]
Sterling area. The Indian Rupee was one of the currencies of the sterling area. The sterling area (or sterling bloc, legally scheduled territories) [ 1][ 2] was a group of countries that either adopted or pegged their currencies to the pound sterling. The area began to appear informally during the early 1930s, after sterling had left the gold ...
The pound ( sign: £) is the main unit of sterling, [ 4] and the word pound is also used to refer to the British currency generally, [ 5] often qualified in international contexts as the British pound or the pound sterling. [ 4] Sterling is the world's oldest currency in continuous use since its inception. [ 6]
Currencies of Scotland (2 C, 10 P) Currencies of Sierra Leone (3 P) Currencies of South Africa (1 C, 14 P, 5 F) Currencies of Tanzania (6 P) Currencies of the Cocos (Keeling) Islands (1 C) Currencies of the Gambia (3 P) Currencies of the Maldives (1 C, 4 P) Currencies of the United Kingdom (8 C, 25 P) Currencies ...