1 US Dollar Convert to Pakistani Rupees
The exchange rate between the US dollar (USD) and the Pakistani rupee (PKR) is an important metric for international trade, travel, and investment. In this article, we will provide an overview of the current exchange rate and historical trends.
Current Exchange Rate
As of the current date, the exchange rate is:
1 USD = 157.50 PKR
This means that one US dollar can be exchanged for approximately 157.50 Pakistani rupees.
Historical Exchange Rate Trends
The exchange rate between the USD and PKR has fluctuated over the years, influenced by various economic factors such as inflation, interest rates, and global events. Here is a brief overview of the historical trends:
- 2015-2016: The PKR depreciated significantly against the USD, with an average exchange rate of 1 USD = 105 PKR.
- 2017-2018: The PKR recovered slightly, with an average exchange rate of 1 USD = 110 PKR.
- 2019-2020: The PKR experienced a significant depreciation, with an average exchange rate of 1 USD = 140 PKR.
- 2022: The PKR has stabilized, with an average exchange rate of 1 USD = 157.50 PKR.
Factors Affecting Exchange Rate
Several factors can influence the exchange rate between the USD and PKR, including:
- Economic indicators: Inflation rates, GDP growth, and interest rates can impact the exchange rate.
- Political events: Political instability, elections, and government policies can affect the exchange rate.
- Global events: Global economic trends, oil prices, and trade wars can influence the exchange rate.
Conclusion
The exchange rate between the USD and PKR is subject to various economic and political factors. Understanding the current exchange rate and historical trends can help individuals and businesses make informed decisions about international trade, travel, and investment.
