Pakistani Rupee to Philippine Peso

The Pakistani rupee (sign ₨, code PKR) is the official currency of Pakistan. The Pakistani rupee could be changed with 100 pice. However, the production of coins ceased due to inflation.

It was issued in 1948 after a monetary reform which had removed the Indian rupee from the territory of Pakistan. The Indian currency had still been used for payment up until 1966. Portraits of cultural and political figures of the country are used to decorate the notes. The banknotes are stylized in natural hues: green, olive green and brown.

The Philippine peso (international symbol: ₱, code: PHP, number: 608) is the currency of the Philippines that has existed since 1858. One peso is subdivided into 100 sentimos. Contemporary banknotes were developed back in 1969.

Since 1970, the peso exchange rate has been floating, regulated by the Central Bank of the Philippines. The entire money supply is located and used as a legal tender only within the state. The country has an official ban on the export of the national currency. Beginning with the year of 2013 the exchange rate of the Philippine currency against the US dollar has decreased significantly.