Saturday, December 26, 2020

Switching over to Decimal System in Pakistan

"Decimalization" refers to any process of converting traditional units of currency, to a decimal system (units related by powers of 10).

The dawn of 1961 ushered in a new era in the history of Pakistan. The age old Anna denomination was replaced by the decimal system as Pakistan switched over to the metric system. Now instead of One Pakistani Rupee having 16 Anna or 64 Pice, from 1st January 1961 was to equal 100 Paisa. Stamps and coins were replaced according to the new Decimal system.


Currency Conversion Table

First Day Cover (FDC) of stamps issued on 1st January 1961



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