1 South African Rand (ZAR) to Pakistani Rupee (PKR) Exchange Rate
Overview
The South African rand (ZAR) is the official currency of South Africa, while the Pakistani rupee (PKR) is the official currency of Pakistan. The exchange rate between these two currencies can fluctuate constantly due to various economic and geopolitical factors.
Current Exchange Rate
As of the current market rates, 1 ZAR is equivalent to approximately 11.50 PKR. This exchange rate may vary depending on the current market conditions and can change rapidly.
Factors Affecting the Exchange Rate
Several factors can influence the exchange rate between the South African rand and the Pakistani rupee. Some of these factors include:
Economic Indicators
- Inflation rates: Changes in inflation rates in both South Africa and Pakistan can impact the exchange rate.
- Interest rates: Alterations in interest rates set by the central banks of both countries can affect the exchange rate.
- GDP growth: The gross domestic product (GDP) growth rates of both countries can influence the exchange rate.
Political Stability
- Political turmoil or stability in both South Africa and Pakistan can impact investor confidence, affecting the exchange rate.
Global Events
- Global economic downturns or upswings can affect the exchange rate between the rand and the rupee.
- Trade relationships: Changes in trade relationships between South Africa and Pakistan can influence the exchange rate.
Currency Converter
To convert South African rand to Pakistani rupee, you can use the following conversion rates:
- 1 ZAR = 11.50 PKR
- 10 ZAR = 115.00 PKR
- 50 ZAR = 575.00 PKR
- 100 ZAR = 1,150.00 PKR
Conclusion
The exchange rate between the South African rand and the Pakistani rupee can fluctuate constantly due to various economic and geopolitical factors. Understanding these factors can help you make informed decisions when converting currencies. Stay up-to-date with the latest exchange rates to ensure you get the best deal when converting your money.
