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The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
Negative values (-2, -3) can be used to round values to the nearest hundred or thousand, etc. A value of "0" will drop paise or cent values from the converted number. By default the conversion will be rounded to two significant figures.
The true significand of normal numbers includes 23 fraction bits to the right of the binary point and an implicit leading bit (to the left of the binary point) with value 1. Subnormal numbers and zeros (which are the floating-point numbers smaller in magnitude than the least positive normal number) are represented with the biased exponent value ...
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 significand [1] (also coefficient, [1] sometimes argument, [2] or more ambiguously mantissa, [3] fraction, [4] [5] [nb 1] or characteristic [6] [3]) is the first (left) part of a number in scientific notation or related concepts in floating-point representation, consisting of its significant digits. For negative numbers, it does not include ...
Each currency typically has a main currency unit (the dollar, for example, or the euro) and a fractional unit, often defined as 1 ⁄ 100 of the main unit: 100 cents = 1 dollar, 100 centimes = 1 franc, 100 pence = 1 pound, although units of 1 ⁄ 10 or 1 ⁄ 1000 occasionally also occur.
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For example, a significand of 8 000 000 is encoded as binary 0111 1010000100 1000000000, with the leading 4 bits encoding 7; the first significand which requires a 24th bit (and thus the second encoding form) is 2 23 = 8 388 608. In the above cases, the value represented is: (−1) sign × 10 exponent−101 × significand