1 Bitcoin to PKR in 2015: A Look Back
In 2015, the world of cryptocurrency was still in its early stages, and Bitcoin was the dominant player in the market. The value of Bitcoin fluctuated wildly throughout the year, but what was the exchange rate of 1 Bitcoin to PKR (Pakistani Rupee) in 2015?
The Exchange Rate in 2015
According to historical data, the exchange rate of 1 Bitcoin to PKR in January 2015 was around 25,000-30,000 PKR. This was a relatively stable period for Bitcoin, with the price hovering around $200-250 per coin.
Q1 2015: A Volatile Start
As the year progressed, the price of Bitcoin began to fluctuate wildly. In February 2015, the price dropped to around $220 per coin, which translated to around 22,000 PKR per Bitcoin. However, by the end of March, the price had shot up to around $280 per coin, equivalent to around 35,000 PKR per Bitcoin.
Q2 2015: A Bullish Run
The second quarter of 2015 saw a significant surge in Bitcoin's value. By the end of April, the price had reached around $440 per coin, equivalent to around 55,000 PKR per Bitcoin. This was largely due to increased adoption and mainstream interest in cryptocurrency.
Q3-Q4 2015: A Calm Before the Storm
The second half of 2015 saw a period of relative stability for Bitcoin. The price remained around $250-300 per coin, equivalent to around 30,000-40,000 PKR per Bitcoin. This period of calm was short-lived, as the price would soon experience significant fluctuations in the years to come.
In Conclusion
In 2015, the exchange rate of 1 Bitcoin to PKR was marked by periods of volatility and stability. From a high of 55,000 PKR per Bitcoin in April to a low of 22,000 PKR per Bitcoin in February, the price of Bitcoin was constantly in flux. However, this was a pivotal year for cryptocurrency, laying the groundwork for the growth and adoption we see today.
