A hybrid battery pack and methods of charging and discharging the same make it possible to manage at least two power sources by one circuit. The hybrid battery pack includes a first power source having a first switching circuit, a second power source connected to the first power source in parallel and having a second switching circuit, a current sensor serially connected to the first and second power sources to sense the currents of the first and second power sources, and a controller to obtain the voltages of the first and second power sources so that the first and second power sources are not over-charged or over-discharged and to calculate the entire capacity of the first and second power sources using the amount of currents obtained by the current sensor.