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The purpose of this template is to automatically convert and format currency from Pakistani rupees to other currencies (United States Dollars by default) applying adjustment for inflation where appropriate.
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.
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.
For example, 10 million (1 crore) would be written as 1,00,00,000. In Pakistan, there is a greater tendency to use the standard western system, while using the Indian numbering system when conducting business in Urdu. In Sweden, the currency sometimes used the colon as decimal separator (1 234 567:89).
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
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 ...
A British gold sovereign with a face value of £1. Prior to decimalisation on 15 February 1971, £1 was made up of 240 pence.. A non-decimal currency is a currency that has sub-units that are a non-decimal fraction of the main unit, i.e. the number of sub-units in a main unit is not a power of 10.
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.