Explanation

State Bank of Pakistan. Government of Pakistan issued its first coins in 1948, based on the traditional Rupees, Annas and Pice of the sub-continent, depicting crescent and star. In line with global decimal systems, Pakistan introduced decimal coinage on Jan 01, 1961. Initially, Pakistan used British Indian coins and notes simply over-stamped with “Pakistan”. New coins and banknotes were issued in 1948.