1 Canadian Dollar (CAD) to Pakistani Rupee (PKR) Exchange Rate
Are you planning a trip to Pakistan from Canada or vice versa? Or maybe you're interested in doing business between the two countries? Whatever the reason, knowing the exchange rate between the Canadian Dollar (CAD) and the Pakistani Rupee (PKR) is essential. In this article, we'll provide you with the latest exchange rate and some useful information about the currencies.
Current Exchange Rate
As of the current date, the exchange rate is:
1 CAD = approximately 123.50 PKR
Please note that currency exchange rates can fluctuate frequently, so this rate may not be valid at the time of your transaction. We recommend checking with a reliable currency exchange service or a bank for the most up-to-date rates.
About the Canadian Dollar (CAD)
The Canadian Dollar, also known as the Loonie, is the official currency of Canada. It is subdivided into 100 cents. The CAD is one of the most widely traded currencies in the world and is considered a benchmark currency.
About the Pakistani Rupee (PKR)
The Pakistani Rupee is the official currency of Pakistan. It is subdivided into 100 paise, although paise are no longer in circulation. The PKR is issued by the State Bank of Pakistan, the central bank of the country.
Converter and Calculator
To make conversions easier, you can use an online currency converter or calculator. These tools can help you convert CAD to PKR quickly and accurately.
Conclusion
In conclusion, the exchange rate between the Canadian Dollar and the Pakistani Rupee is essential information for anyone traveling or doing business between the two countries. Remember to check the latest exchange rates before making any transactions to get the best possible deal.
FAQs
How much is 1 CAD in PKR?
As of the current date, 1 CAD is approximately 123.50 PKR.
Can I exchange CAD to PKR at a bank?
Yes, you can exchange CAD to PKR at a bank or a currency exchange office. However, the exchange rate may vary depending on the institution and any applicable fees.
Is the PKR a stable currency?
The Pakistani Rupee has experienced fluctuations in value over the years due to various economic factors. It's essential to stay informed about the current exchange rate and any economic developments that may affect the currency's value.
