1 Australian Dollar to PKR (Pakistani Rupee)
Exchange Rate
As of the current date, the exchange rate of 1 Australian Dollar (AUD) to Pakistani Rupee (PKR) is approximately:
1 AUD = 115.50 PKR
Please note that exchange rates can fluctuate constantly and may vary depending on the current market conditions.
History of AUD to PKR Exchange Rate
The exchange rate between the Australian Dollar and Pakistani Rupee has seen significant fluctuations over the years. Here is a brief overview of the exchange rate trend:
- In the past 5 years, the AUD to PKR exchange rate has seen a high of 140 PKR per AUD and a low of 90 PKR per AUD.
- The exchange rate has been relatively stable in the past year, with some minor fluctuations.
Factors Affecting the AUD to PKR Exchange Rate
Several factors can influence the exchange rate between the Australian Dollar and Pakistani Rupee, including:
- Economic indicators: GDP growth rate, inflation rate, and interest rates in both Australia and Pakistan can impact the exchange rate.
- Geopolitical events: Political instability, conflicts, or natural disasters can affect the exchange rate.
- Commodity prices: Australia is a major exporter of commodities like iron ore, coal, and gold. Changes in global commodity prices can influence the AUD exchange rate.
- Monetary policy: Central banks' decisions on interest rates and quantitative easing can impact the exchange rate.
Importance of AUD to PKR Exchange Rate
The exchange rate between the Australian Dollar and Pakistani Rupee has significant implications for:
- Trade: The exchange rate affects the cost of imports and exports between Australia and Pakistan.
- Tourism: The exchange rate can influence the number of tourists traveling between the two countries.
- Investment: The exchange rate can impact foreign investment flows between Australia and Pakistan.
Conclusion
The 1 AUD to PKR exchange rate is subject to fluctuations based on various economic and geopolitical factors. Understanding the exchange rate is essential for individuals and businesses involved in international trade, tourism, and investment between Australia and Pakistan.
