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4.5 Indian Rupee as exchange rate anchor. 4.6 Other. 5 Stabilized arrangement. Toggle Stabilized arrangement subsection. ... US Dollar (37) Euro (28) Composite (8 ...
2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/20 against the US dollar. [31] The major reasons for this depreciation were huge current and trade accounts deficits that had built up since the credit boom in Pakistan after 2002.
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.
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
East African rupee – Kenya, Somalia, Tanzania and Uganda French Indian rupee – French India Gulf rupee – Bahrain , Kuwait , Oman , Qatar and United Arab Empirates
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
¥ [19] [20] Jiao [19] Australian dollar [21] AUD Christmas Island : A$ [21] cent [21] AUD Cocos (Keeling) Islands : A$ [21] cent [21] Euro [5] [22] EUR Cyprus € [5] cent [5] US Dollar [23] USD East Timor: US$ [23] Centavo [23] Lari [24] GEL Georgia: ლარი [25] Tetri [24] Hong Kong dollar [26] HKD Hong Kong: HK$ [26] cent [26] Indian ...