Definition

1. Noun:
   • The basic unit of money in Pakistan: The "Pakistani rupee" is the official and primary currency of Pakistan. It is subdivided into 100 smaller units called paisa.

Usage Examples

• Noun:
  • The price of the book is 500 Pakistani rupees.
  • He exchanged his dollars for Pakistani rupees at the airport.
  • The Pakistani rupee has fluctuated against the US dollar this year.

Advanced Usage

• Currency Code and Symbol: The Pakistani rupee is internationally recognized by the currency code PKR and is often symbolized as Rs or ₨.
  • The invoice must be paid in PKR (Pakistani rupees).
  • The price is marked as Rs 1,500.

Variants and Related Words

• Rupee (noun): A broader term for the currency used in several countries, including Pakistan, India, Sri Lanka, Nepal, and others. The "Pakistani rupee" is the specific instance used in Pakistan.
  • The Indian rupee and the Pakistani rupee are distinct currencies.
• Paisa (noun): A subunit of the Pakistani rupee. 100 paisa equal 1 Pakistani rupee. (Note: Due to inflation, paisa coins are rarely used in practice).
  • The old coin was worth 50 paisa.

Synonyms

• PKR: The three-letter ISO currency code for the Pakistani rupee.
• Rs.: A common written abbreviation for rupees, used in Pakistan and other countries.

Related Phrases

• Rupee note / Rupee coin: Refers to the physical banknotes and coins of the currency.
  • He gave me a 1000 rupee note.
• Exchange rate of the rupee: Refers to the value of the Pakistani rupee compared to another currency.
  • The exchange rate of the rupee has been stable this week.

Noun

1. the basic unit of money in Pakistan; equal to 100 paisa