Just went down a rabbit hole looking at Pakistan's currency history and wow, the depreciation story is wild. Back in 1947 when 1 USD to PKR in 1947 was just 3.31, it felt relatively stable for years. But then things started shifting in the 70s and 80s.



What caught my eye is how the pace accelerated dramatically from the 90s onwards. In 1990 it was around 21.71 PKR per dollar, then by 2000 it jumped to 51.90. By 2010 we're already at 85.75, and the real collapse came after 2017 when it started crossing 100+ consistently. The 2019 figure of 163.75 was a shock, and 2020 pushed it to 168.88.

Fast forward to 2022-2023 and the pressure became insane - 240 PKR and then 286 PKR. Even in 2024, despite some stabilization attempts, it's sitting around 277 PKR per dollar. That's roughly 85x weaker than where it started in 1947. The currency depreciation trend really tells the story of economic pressures over decades, not just recent years. Makes you think about what drives these long-term shifts.
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