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Pakistan

Pakistani Rupee

PKR

Official currency of Pakistan

Rs Symbol
SBP

About the Pakistani Rupee

The Pakistani Rupee was introduced in 1948, a year after Pakistan gained independence from British India. It replaced the Indian Rupee.

The name 'Rupee' is derived from the Sanskrit word 'rupya', meaning 'wrought silver'.

Interesting Facts

Father of the Nation on Notes

All Pakistani banknotes feature the portrait of Muhammad Ali Jinnah, the founder of Pakistan, reverently known as Quaid-e-Azam (Great Leader).

A Currency of Remittances

The Pakistani Rupee's stability is heavily influenced by remittances sent home by Pakistani expatriates working abroad, especially in the Middle East and the West.

K2 on the 5000 Rupee Note

The 5000 rupee banknote features the K2 mountain, the second-highest peak in the world, located in Pakistan's Karakoram mountain range.

Historical Timeline

1947

Pakistan gains independence.

1948

The Pakistani Rupee is introduced.

Denominations

Banknotes

Rs10 Green
Rs20 Orange
Rs50 Purple
Rs100 Green
Rs500 Green
Rs1000 Blue
Rs5000 Purple

Coins

1 rupee
2 rupees
5 rupees
10 rupees

Security Features

Watermark of Muhammad Ali Jinnah Security thread See-through register Intaglio printing Holographic patch

Quick Facts

ISO Code
PKR
Symbol
Rs
Numeric Code
586
Subunit
Paisa (1/100)
Introduced
1948-01-01

Central Bank

Name
State Bank of Pakistan
Headquarters
Karachi, Pakistan
Founded
1948
Current Governor
Jameel Ahmad (since 2022)
Visit Website

Economic Data

Reserve Currency Share
0.0%
Forex Volume Share
0.0%
Inflation Rate
11.8%
Interest Rate
22.0%

What Affects the PKR Exchange Rate?

Remittances from Pakistanis abroad
Foreign investment and loans (e.g., from IMF, China)
Exports (textiles, rice)
Political stability and regional security
Global oil prices (Pakistan is an oil importer)

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