When did Pakistan launch first currency note?
When did Pakistan launch first currency note?
The first banknotes issued by the State Bank of Pakistan were released on the 1st of October 1948, in denominations of 5, 10 and 100 Rupee. The currency notes were printed by a British firm, Thomas De La Rue & Company.
Who signed Pakistan’s first currency notes?
Ghulam Mohammad
The first of Pakistan’s five regular currency series was in fact issued on October 1, 1948. This series began with three denominations: Rs5, Rs10 and Rs100. These notes were the only ones ever to have been signed by the incumbent minister of finance, who was Ghulam Mohammad at the time.
Who issued two rupees note in Pakistan?
The 1- and 2-rupee notes were issued after the foundation of the State Bank of Pakistan and were issued by the authorities that were to take long term responsibility for their issue—the Government of Pakistan for the 1-rupee note and the State Bank of Pakistan for the 2-rupee note.
Where is Pakistani currency printed?
State Bank of Pakistan Museum
This is an old currency note printing machine that was used by the Pakistan Security Printing Corporation (PSPC) to print currency. This device is now placed at the State Bank of Pakistan Museum in Karachi.
Who made Pakistan money?
3. The first Pakistani rupees were issued by India. Initially, the first Pakistani rupees post-Partition were issued and printed by the Reserve Bank of India and the Government of India. These 1948 notes were then stamped or engraved with the phrase “Government of Pakistan.”
When did Pakistan stop using 1 rupee notes?
Following are the pictures of 1 Rupee Notes: Above two currency notes were used after the independence of Pakistan in 1947. Soon they were replaced by the following 1 Rupee Currency Note: The above one was the last 1 Rupee Note from the 1 Rupee series.
Which is the only currency note in Pakistan?
But this is the truth. In Pakistan’s history, only 2 Rupee currency Note have the honor that no other 2 rupees currency note was Issued before or after it. This was the Only 2 Rupees currency note in Pakistan. This one is also replaced by a 2 rupees coin.
When was the 1000 rupee note made available?
The 2-Rupee note was made available for use in August of 1985, while the 500-Rupee note was issued in April of 1986. The 1000-Rupee note was then printed and circulated in July of 1988. These notes were the standard currency of the country for a reasonably long time.
How many rupees are in circulation in Pakistan?
Below are some notes of 1 Rupee. Now new notes of Rs.10, 20, 50, 100, 500, 1000 and 5000 are in circulation while there are coins of Rs.1, 2 and 5.