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Just went down a rabbit hole looking at Pakistan's currency history and man, the rupee story is wild 🧵
So back in 1947 when the country was born, 1 dollar got you just 3.31 PKR. Stayed pretty stable for years - basically flat through the 50s. But then you start seeing real movement from the 70s onward.
By the late 80s it was already at 20+ PKR per dollar. The 90s? That's when things got rough - jumped from 28 to 30+ in just a couple years. And it kept sliding through 2000s, hitting 60+ by mid-decade.
But the real shock came around 2008. Suddenly 81 PKR per dollar. Then 2018-2019 absolutely brutal - went from 139 to 163 in like a year. The dollar rate in Pakistan just kept accelerating.
2022-2023 was the worst - 240 to 286 PKR. That's insane depreciation in 12 months. By 2024 it settled around 277, but the overall trajectory since 1947 tells you everything about economic pressure and inflation in Pakistan.
Currency devaluation hits different when you see it stretched across 77 years like this. Wild to think what the rupee will look like in another decade.