1 USD to PKR: Today's Exchange Rate in the Open Market
The exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) is constantly fluctuating due to various economic and geopolitical factors. If you're looking to exchange your dollars for Pakistani rupees or vice versa, you'll want to know the current exchange rate.
Current Exchange Rate:
As of today, the exchange rate for 1 USD to PKR is:
1 USD = 157.50 PKR (approx.)
Please note that this exchange rate is subject to change rapidly due to market fluctuations. For the most up-to-date and accurate exchange rate, we recommend checking with reputable currency exchange dealers or online currency conversion platforms.
Open Market Exchange Rate:
The open market exchange rate may vary depending on the location, with rates potentially differing between cities like Karachi, Lahore, and Islamabad. Additionally, rates may fluctuate depending on the specific currency exchange dealer or bank.
Factors Affecting the Exchange Rate:
The exchange rate between the USD and PKR is influenced by various factors, including:
- Economic indicators: Factors like GDP growth, inflation, and interest rates can impact the exchange rate.
- Global events: Geopolitical tensions, global economic crises, and natural disasters can all affect the exchange rate.
- Supply and demand: Imbalances in the supply and demand of currencies can also influence the exchange rate.
Conclusion:
In conclusion, knowing the current exchange rate for 1 USD to PKR is essential for individuals and businesses alike. By staying informed about the exchange rate and its fluctuations, you can make more informed decisions when exchanging currencies.
