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03/11/2022

History of Pakistani Currency.
State Bank Museum

Courtesy : Geo News

Brief History of Pakistani Hajj NoteRs.100The pound sterling got devalued in 1949, Pakistan chose not to devalue its cur...
03/11/2022

Brief History of Pakistani Hajj Note
Rs.100

The pound sterling got devalued in 1949, Pakistan chose not to devalue its currency, and complete restrictions were placed on the export and import of currency except Saudi Arabia for pilgrims. this gave rise to the smuggling of currency; to curb this, Government decided to issue special Haj Notes.

The first State Bank Haj issue was a 100 Rupee Note, the same design as 100 existing rupee note & printed by Thomas de la Rue & Company on May 1950. It was red in color & over printed on the front (in English) 'For pilgrims from Pakistan for use in Saudi arabia & Iraq'. The pattern of first 100 rupee Haj Note was in use for about twenty two years, till 1972. The 1972 banknote was similar to the 1948 issue but released under the authority of the 'State Bank of Pakistan' as opposed to the 'Government of Pakistan'. These Haj Notes were not legel tender in Pakistan.

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