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Pakistan - Rupee
"Historically, most coins issued in Pakistan have reflected the coins of its Afghan and Indian neighbors.
Northern Pakistan fell under Islamic rule during the reign of Mahmud of Ghazna (997-1030). The Ghaznavid Dynasty issued coins with Arabic on one side and Indian Nagari cript on the other. During the 1750s Pakistan was seized from the Mughals by the Afghans under the first Durrani king, Ahmad Shah (1747-73). The British occupied Bakkhar in 1843 and from then on, Pakistan was under British control. On November 1, 1858 the British government took over the rule of India from the British East India Company. Pakistan gained its independence from British India on August 14, 1947, and East Pakistan declared its independence as the People’s Republic of Bangladesh on December 16, 1971.
The British tried to bring some order to the monetary chaos as they consolidated their control over India. The British standardized the silver Rupee (INR) throughout India, and made it divisible into 16 Annas, 64 Pice or 192 Pie. It took 15 Rupees to get 1 Mohur. Its value fluctuated, relative to the British Pound, as the values of silver and gold fluctuated. The Treasury of the Government of India issued banknotes until 1943. The Reserve Bank of India was set up in April 1, 1935 and took over responsibility for issuing banknotes.
The British standardized the silver Rupee (INR) throughout India, and it became the principal medium of exchange. Its value fluctuated, relative to the British Pound, as the values of silver and gold fluctuated. The Rupee fluctuated between 27 pence in 1870 and 16 pence on June 26 1893 when India effectively went on the gold standard. The Indian Coinage and Paper Currency Act, No. 22 of 1899 established a Pound Sterling exchange standard, giving legal tender status to British Gold Sovereigns. Banknotes were issued by the Government of India from 1861 until 1937, and by the Reserve Bank of India from 1937 until 1948.
The Pakistan Rupee was introduced on April 1, 1948 at par with the Indian Rupee. The Pakistan Rupee was divided into 16 Annas until 1961 and 100 Paisa from 1961 on. The State Bank of Pakistan and the Pakistan Government issue banknotes."
Central Bank Website
Sources: http://www.globalfinancialdata.com/index.php3action=showghoc&
country_name=Pakistan
www.worldpapermoney.org/pakistan.htm
Northern Pakistan fell under Islamic rule during the reign of Mahmud of Ghazna (997-1030). The Ghaznavid Dynasty issued coins with Arabic on one side and Indian Nagari cript on the other. During the 1750s Pakistan was seized from the Mughals by the Afghans under the first Durrani king, Ahmad Shah (1747-73). The British occupied Bakkhar in 1843 and from then on, Pakistan was under British control. On November 1, 1858 the British government took over the rule of India from the British East India Company. Pakistan gained its independence from British India on August 14, 1947, and East Pakistan declared its independence as the People’s Republic of Bangladesh on December 16, 1971.
The British tried to bring some order to the monetary chaos as they consolidated their control over India. The British standardized the silver Rupee (INR) throughout India, and made it divisible into 16 Annas, 64 Pice or 192 Pie. It took 15 Rupees to get 1 Mohur. Its value fluctuated, relative to the British Pound, as the values of silver and gold fluctuated. The Treasury of the Government of India issued banknotes until 1943. The Reserve Bank of India was set up in April 1, 1935 and took over responsibility for issuing banknotes.
The British standardized the silver Rupee (INR) throughout India, and it became the principal medium of exchange. Its value fluctuated, relative to the British Pound, as the values of silver and gold fluctuated. The Rupee fluctuated between 27 pence in 1870 and 16 pence on June 26 1893 when India effectively went on the gold standard. The Indian Coinage and Paper Currency Act, No. 22 of 1899 established a Pound Sterling exchange standard, giving legal tender status to British Gold Sovereigns. Banknotes were issued by the Government of India from 1861 until 1937, and by the Reserve Bank of India from 1937 until 1948.
The Pakistan Rupee was introduced on April 1, 1948 at par with the Indian Rupee. The Pakistan Rupee was divided into 16 Annas until 1961 and 100 Paisa from 1961 on. The State Bank of Pakistan and the Pakistan Government issue banknotes."
| 1976 | 29 | 10 Rupees |  |  |
| 2006 | NEW | 10 Rupees |  |  |
| 2005 | NEW | 20 Rupees |  |  |
| 1976 | 30 | 50 Rupees |  |  |
| 1984 (2006) | 31 | 100 Rupees | o.jpg "Pakistan - Rupee - eZforex.com, Inc.") | r.jpg "Pakistan - Rupee - eZforex.com, Inc.") |
| 2006 | NEW | 100 Rupees |  |  |
| 1986 | 42s | 500 Rupees |  |  |
| 2006 | NEW | 500 Rupees |  |  |
| 1988 | 43s | 1000 Rupees |  |  |
| 2006 | NEW | 5000 Rupees |  |  |
Central Bank Website
Sources: http://www.globalfinancialdata.com/index.php3action=showghoc&
country_name=Pakistan
www.worldpapermoney.org/pakistan.htm
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Latest page update: made by fxwiki007
, Jul 27 2007, 4:31 PM EDT
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