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Just looked at Pakistan's currency journey and wow, the contrast is wild. Back in 1947 when Pakistan was born, 1 USD to PKR in 1947 was just 3.31 rupees. That's insane when you think about it now. For like 8 years it stayed exactly there, completely pegged. Then things started moving.
The real story kicks in from the 70s onwards. By 1972 it jumped to 11 PKR, then slowly crept up through the 80s and 90s. But the acceleration? That's when it gets interesting. From 2000 at 51.90, it basically went parabolic. Hit 163 by 2019, then 286 by 2023. Last year 277, so some stabilization maybe?
That's roughly 84x depreciation in 77 years. 1 USD to PKR tells the whole story of inflation, devaluation, and economic pressure. Crazy to see currency movements play out over decades like this. Makes you think about what happens to savings when your currency keeps losing value like that.