See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

10 Rupee Haj Issue

Issuer State Bank of Pakistan
Year 1972
Type Log in to see details
Value Log in to see details
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) P#R4
Obverse description Log in to see details
Obverse lettering Log in to see details
Reverse description Log in to see details
Reverse lettering STATE BANK OF PAKISTAN
TEN RUPEES
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Portrait watermark of Muhammad Ali Jinnah
Variants Log in to see details
Comments

Pakistan's Haj notes were a practical instrument for foreign exchange control, not a commemorative gesture. Pilgrims traveling to Saudi Arabia were restricted from taking regular Pakistani currency abroad, so the State Bank issued these dedicated notes — exchangeable for Saudi riyals on arrival — to manage the outflow of hard currency while still facilitating the pilgrimage obligation for Pakistani Muslims.

The 1972 issue appeared shortly after the rupee's devaluation that May, when Pakistan broke from the fixed rate it had held under the Bretton Woods system. The timing made exchange-rate management around Haj travel particularly sensitive that year.

YOU MAY ALSO LIKE