1 Dollars In Rupees Pakistani

3 min read Jun 08, 2024
1 Dollars In Rupees Pakistani

1 Dollar in Pakistani Rupees

Conversion Rate

As of the current market rate, 1 USD (United States Dollar) is equal to approximately 157.50 PKR (Pakistani Rupees). Please note that currency exchange rates can fluctuate constantly and may change rapidly due to various economic and political factors.

History of Dollar to Pakistani Rupee Exchange Rate

The Pakistani Rupee (PKR) has been subject to significant fluctuations in its value against the US Dollar (USD) over the years. In the past, the exchange rate has ranged from as low as 60 PKR per USD to as high as 170 PKR per USD.

Factors Affecting the Exchange Rate

Several factors influence the exchange rate between the USD and PKR, including:

1. Economic Indicators

  • Inflation rates
  • GDP growth
  • Unemployment rates
  • Trade balances

2. Political Stability

  • Political unrest or stability in Pakistan
  • Global geopolitical tensions

3. Monetary Policy

  • Interest rates set by the State Bank of Pakistan
  • Money supply and credit availability

4. Trade and Commerce

  • Import and export volumes
  • Trade agreements and tariffs

Conclusion

The exchange rate between the US Dollar and Pakistani Rupee is a critical indicator of Pakistan's economic health and stability. Understanding the factors that influence this exchange rate can help investors, traders, and individuals make informed decisions about their financial transactions.

Stay Up-to-Date with the Latest Exchange Rates!

To get the most up-to-date exchange rates and stay informed about financial news, please check reliable sources such as the State Bank of Pakistan, XE.com, or Oanda.com.