1 Australian Dollars In Pakistani Rupees

3 min read Jun 06, 2024
1 Australian Dollars In Pakistani Rupees

1 Australian Dollar in Pakistani Rupees

Are you wondering how much 1 Australian Dollar (AUD) is worth in Pakistani Rupees (PKR)? You're in the right place! In this article, we'll explore the current exchange rate and provide some valuable insights into the AUD/PKR currency pair.

Current Exchange Rate

As of the current date, the exchange rate is as follows:

1 AUD = approximately 120 PKR

Please note that currency exchange rates can fluctuate frequently, and this rate may change rapidly. We recommend checking with a reliable currency exchange service or a financial institution for the most up-to-date rates.

Factors Affecting the AUD/PKR Exchange Rate

Several factors influence the exchange rate between the Australian Dollar and the Pakistani Rupee. Some of the key factors include:

  • Economic indicators: GDP growth rate, inflation rate, and employment rates in both Australia and Pakistan can impact the exchange rate.
  • Monetary policy: Decisions made by the Reserve Bank of Australia and the State Bank of Pakistan regarding interest rates, inflation targets, and monetary policy stance can affect the exchange rate.
  • Commodity prices: Changes in global commodity prices, such as coal, iron ore, and gold, can influence the AUD/PKR exchange rate.
  • Geopolitical events: Political stability, trade agreements, and global events can impact the exchange rate.

AUD/PKR Exchange Rate History

The exchange rate between the Australian Dollar and Pakistani Rupee has experienced significant fluctuations over the years. In recent years, the AUD/PKR exchange rate has been relatively stable, ranging from 110 PKR to 130 PKR per 1 AUD.

Conclusion

In conclusion, the current exchange rate of 1 Australian Dollar to Pakistani Rupees is approximately 120 PKR. However, please note that exchange rates can change rapidly, and it's essential to stay updated with the latest rates. Understanding the factors that affect the AUD/PKR exchange rate can help you make informed decisions when conducting international transactions.

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