Just looked at Pakistan's rupee history and it's wild how much the currency has depreciated over the decades. From 1947 to the mid-1950s, the rate stayed flat at 3.31 PKR per dollar for nearly a decade. Then things started moving in the late 50s, hitting 4.76 by 1955 and holding there for years. The real shock came in 1972 when it jumped to 11.01, and by the late 70s it was sitting around 9.99 for almost a full decade. What's interesting is the acceleration pattern. Through the 90s and 2000s, depreciation was gradual but steady, creeping from 20 PKR in 1989 to 60 PKR by 2006. Then 2008 hit and things picked up pace. By 2018, dollar to pkr in 2018 was trading around 139, which already looked concerning. But that wasn't even close to the worst. The real collapse happened post-2020, when the rate shot to 168, then 240 in 2022, and hit 286 by 2023. Even now in 2024, we're sitting at 277 PKR per dollar. That's an 84x devaluation from where it started in 1947. The acceleration in recent years tells you everything about the economic pressures Pakistan's been facing.

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