1 Canadian Cent to PKR
Are you curious about the exchange rate between the Canadian cent and the Pakistani Rupee (PKR)? In this article, we will explore the current exchange rate and provide you with some useful information about these two currencies.
Current Exchange Rate
As of the current date, the exchange rate between 1 Canadian cent and PKR is approximately:
1 CAD = 157.50 PKR
So, if you have 1 Canadian cent, it is equivalent to approximately 1.58 PKR.
History of the Exchange Rate
The exchange rate between the Canadian dollar and the Pakistani Rupee has fluctuated over time. In the past, the exchange rate has been affected by various economic and political factors, such as changes in interest rates, inflation, and trade agreements.
Why is the Exchange Rate Important?
The exchange rate is important for several reasons:
- International Trade: The exchange rate affects the prices of goods and services traded between Canada and Pakistan.
- Investment: The exchange rate affects the value of investments in Canadian and Pakistani assets.
- Travel: The exchange rate affects the cost of travel between Canada and Pakistan.
Conclusion
In conclusion, the exchange rate between 1 Canadian cent and PKR is approximately 1.58 PKR. Understanding the exchange rate is important for individuals and businesses that engage in international trade, investment, and travel between Canada and Pakistan.
Useful Resources
- Bank of Canada:
- State Bank of Pakistan:
Note: The exchange rate may fluctuate and is subject to change. The information provided in this article is for general information purposes only and should not be used as investment advice.
