Pakistani rupee
| Pakistani rupee | |
|---|---|
| پاکستانی روپیہ (Urdu) | |
Rs.1000 banknote (obverse)
|
|
| ISO 4217 | |
| Code | PKR |
| Number | 586 |
| Exponent | 2 |
| Denominations | |
| Subunit | |
| 1⁄100 | Paisa (not used) |
| Nickname | Rupayya , Paisay |
| Banknotes | |
| Freq. used | 10, 20, 50, 100, 500, 1000 Rupees |
| Rarely used | 5000 Rupees |
| Coins | |
| Freq. used | 1, 2, 5, 10 Rupees |
| Demographics | |
| Official user(s) |
 Pakistan
|
| Unofficial user(s) |
 Iran
|
| Issuance | |
| Central bank | State Bank of Pakistan |
| Website | www |
| Valuation | |
| Inflation | 5.2% (October 2016) |
| Source | State Bank of Pakistan |
The Pakistani rupee (Urdu: روپیہ / ALA-LC: Rūpiyah; sign: ₨; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services.
In Pakistan, the rupee is also spelled as "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands, lakh (100 thousand) and crore (10 million), 1 Arab (1 billion), 1 Kharab (100 billion).
The word rūpiya is derived from the Sanskrit word rūpya, which means "wrought silver, a coin of silver", in origin an adjective meaning "shapely", with a more specific meaning of "stamped, impressed", whence "coin". It is` derived from the noun rūpa "shape, likeness, image". Rūpaya was used to denote the coin introduced by Sher Shah Suri during his reign from 1540 to 1545 CE.
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