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Just went down a rabbit hole looking at Pakistan's currency history and it's honestly wild. Back in 1947 when the country was founded, 1 USD was just 3.31 PKR. That rate basically held steady for almost a decade before the first real shift happened around the mid-1950s when it jumped to 3.91 and then 4.76.
But here's where it gets interesting - from the 1970s onward, the devaluation really accelerated. By 1972 it was already at 11 PKR per dollar, and by 1989 you're looking at 20.54. The 1990s saw consistent pressure with the rate climbing from 23.80 in 1991 all the way to 51.90 by 2000. That's a massive shift in just one decade.
The 2000s and 2010s continued the trend but at different paces. 2008 saw a jump to 81.18, and then 2018-2019 was brutal with it going from 139.21 to 163.75. Most recent data from 2024 shows 1 USD trading around 277 PKR. When you zoom out and see the full picture from 1947 to 2024, the rupee has basically lost over 98% of its value against the dollar. That's the real story here.
Currency depreciation hits different when you see it laid out over decades like this.