2 Rupees

Pakistan's first domestic currency series, issued after partition, leaned heavily on London-based security printers — Bradbury Wilkinson handled much of the early State Bank output before local printing capacity existed. These 2 Rupee notes circulated during a period when the Pakistani rupee was still pegged at par with the Indian rupee, a legacy arrangement that caused persistent cross-border arbitrage problems until India devalued in 1949 and Pakistan declined to follow, effectively ending the monetary union between the two countries.

The P#11 series is prone to horizontal fold weaknesses along the center crease, a known issue with the paper stock used across this early Bradbury Wilkinson run for Pakistan.