As of my last knowledge update in September 2021, I can provide you with information about the history and specifications of Pakistani currency up to that point. Please note that there might have been developments or changes since then.
History of Pakistani Currency: Pakistan gained independence from British rule in 1947, and it introduced its own currency to replace the Indian Rupee. The Pakistani Rupee (PKR) became the official currency of Pakistan. Here is a brief overview of the history of Pakistani currency:
- 1947-1955: After independence in 1947, Pakistan continued to use the Indian Rupee notes and coins with the word “Pakistan” stamped on them. In 1948, Pakistan introduced its own banknotes and coins.
- 1955-1961: The first series of Pakistani banknotes was issued, featuring portraits of various leaders and landmarks of Pakistan.
- 1962-2005: The second series of banknotes was introduced, featuring historical and cultural landmarks of Pakistan. Notably, during this time, Pakistan transitioned from a decimal coinage system to a metric system.
- 2005-Present (up to September 2021): The third series of banknotes was introduced, featuring a more modern and updated design. New security features were incorporated to combat counterfeiting.
Specifications of Pakistani Currency (Up to September 2021):
Pakistani Rupee Banknotes: As of my last update, Pakistani banknotes come in various denominations, including 10, 20, 50, 100, 500, 1000, and sometimes larger denominations. The designs on these banknotes feature notable personalities, landmarks, and symbols representing Pakistan’s culture and heritage. Each denomination has its unique design and color scheme.
Pakistani Rupee Coins: Coins of various denominations, such as 1, 2, 5, and 10 rupees, were in circulation. These coins typically featured Pakistan’s state emblem on one side and a numeric value along with other symbols on the other side.
Security Features: To prevent counterfeiting, Pakistani currency features a range of security measures, including watermarks, security threads, holograms, microprinting, and other advanced printing techniques.
Please keep in mind that currency designs and specifications can change over time due to factors like security concerns, changes in leadership, and technological advancements. It’s recommended to refer to official sources, such as the State Bank of Pakistan, for the most up-to-date and accurate information regarding Pakistani currency.