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De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
US dollar-Pakistani rupee exchange rate. Between 1948 and July 1955, the Pakistani rupee was effectively pegged to the U.S. dollar at approximately Rs.3/31 per U.S. dollar. Afterwards, this was changed to approximately Rs.4/76 per U.S. dollar, a devaluation of 30%, to match the Indian rupee's value. [30]
The afghani was introduced in 1923 but is still informally referred to as a rupee by some in conversation and transactions, [8] a legacy of its predecessing Afghan rupee currency. [9] Its current exchange rate is around 65 afghanis for 1 United States dollar. [10] [11] [12]
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
The Afghan rupee was the currency of Afghanistan between the mid-18th century and early 20th century. [2] [1] It was subdivided into 60 paisa, each of 10 dinar.Other denominations issued included the shahi of 5 paisa, the sanar of 10 paisa, the abbasi of 20 paisa, the qiran of 1 ⁄ 2 rupee and the tilla and later the amani, both of Rs. 10/-.
PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spread than nominal GDP per capita figures.
The "afghani" (AFN) is the national currency, which has an exchange rate of around 70 afghanis to 1 US dollar. [ 33 ] [ 34 ] [ 35 ] There are over a dozen different banks operating in the country, including Afghanistan International Bank , Kabul Bank , Azizi Bank , Pashtany Bank , Standard Chartered Bank , and First Micro Finance Bank .