Just looked into Pakistan's rupee story and honestly it's pretty wild 👇

So from 1947 to the mid-50s, the PKR held steady at 3.31 against the dollar. Like completely frozen. Then it started moving - by 1956 it was already at 4.76, and it basically stayed there for another 15 years. That's the kind of stability you don't see anymore.

But here's where it gets interesting. The real depreciation started hitting in the 70s. By 1972, when PKR really weakened, you're looking at 11 PKR per dollar. Fast forward to the late 90s and early 2000s - that's when things accelerated. In 1999 it was 51.90, then 2001 came and suddenly 63.50. The currency was bleeding.

The 2010s were brutal. 2012 hit 96.50, 2013 touched 107, and by 2018 we're at 139. Then 2019-2020 the rupee just kept falling - 163, then 168. And 2022? 240. By 2023 it was 286. The depreciation over 75 years tells you everything about inflation, fiscal policy, and economic pressures.

Now in 2024 it's sitting around 277, which is actually slightly better than 2023, but still nowhere near where it started. When you think about what one dollar could buy in 1947 versus today, it's a completely different story. The rupee's journey is basically Pakistan's economic story compressed into one number.