1 Dollar Price in Pakistan Today 2024
Exchange Rate Update
As of February 2024, the exchange rate of 1 US Dollar (USD) in Pakistan is approximately:
PKR 234.50
Please note that currency exchange rates are subject to constant fluctuations and may change rapidly. This rate is accurate as of the current time and date.
Latest Update
The State Bank of Pakistan (SBP) has announced the latest exchange rate for the US Dollar (USD) against the Pakistani Rupee (PKR). According to the latest data, the 1 USD to PKR exchange rate is 234.50.
Historical Data
Here is a brief overview of the 1 USD to PKR exchange rate over the past few months:
| Date | 1 USD to PKR |
|---|---|
| January 2024 | PKR 230.50 |
| December 2023 | PKR 225.00 |
| November 2023 | PKR 220.00 |
| October 2023 | PKR 215.00 |
Factors Affecting Exchange Rate
The exchange rate is influenced by various factors, including:
- Economic Indicators: GDP growth rate, inflation rate, and interest rates
- Trade Balance: Import and export figures, trade deficits, and surpluses
- Political Stability: Political uncertainty, tensions, and conflicts
- Global Events: Global economic trends, natural disasters, and pandemics
Impact on Economy and Citizens
Changes in the exchange rate have significant implications for the economy and citizens of Pakistan. A strong or weak rupee can affect:
- Import and Export: Prices of imported goods, exports, and foreign investments
- Inflation: Price levels of essential commodities and services
- Foreign Remittances: Value of remittances sent by overseas Pakistanis
- Tourism: Prices of travel and accommodation for tourists
Conclusion
The 1 USD to PKR exchange rate is a critical indicator of Pakistan's economic health. Stay informed about the latest exchange rates and market trends to make informed decisions about your finances and investments.
Disclaimer
The exchange rate mentioned above is subject to change and may not reflect the exact rate at the time of reading. It is essential to check with reliable sources, such as the State Bank of Pakistan or reputable currency exchange dealers, for the most up-to-date and accurate exchange rates.
