Pound Sterling to Pakistani Rupee — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Pakistan

Currency Code, Symbol: PKR, ₨

Denominations of coins in circulation: 1, 2, 5, 10 Rupees

Denominations of banknotes in circulation: 10, 20, 50, 100, 500, 1000 Rupees

History: The Pakistani rupee (₨) is the official currency of Pakistan. The currency is referenced to as PKR on the global exchange market. 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.Read More