Pakistani rupee

Pakistani rupee
ISO 4217
CodePKR (numeric: 586)
Subunit0.01
Unit
SymbolR
NicknameRupayya.
Denominations
Subunit
 ​1100Paisa
Banknotes
 Freq. used10, 20, 50, 100, 500, 1000 Rupees
 Rarely used5000 Rupees
Coins
 Freq. used1, 2, 5, 10 Rupees
 Rarely used20 Rupees
Demographics
Official user(s) Pakistan
Unofficial user(s) Afghanistan[1][2]
Issuance
Central bankState Bank of Pakistan
 Websitewww.sbp.org.pk
PrinterPakistan Security Printing Corporation
MintPakistan Mint
Valuation
Inflation9.4% (March 2019)

The rupee (symbol: Rs; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services. In Pakistan, the rupee is referred to as the "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands, lakh (hundred thousands, in digits 1,00,000) and crore (ten millions, in digits 1,00,00,000).

References

  1. Hanifi, Shah (2011-02-11). Connecting Histories in Afghanistan: Market Relations and State Formation on a Colonial Frontier. Stanford University Press. p. 171. ISBN 9780804777773.
  2. Munoz, Arturo (30 April 2012). U.S. Military Information Operations in Afghanistan: Effectiveness of Psychological Operations 2001-2010. Rand Corporation. p. 72. ISBN 9780833051561.