Currency Rate Pakistani Rupee to USD
Our Currency Rate PKR latest updates allow you to track real-time exchange rates effortlessly. By accessing and analyzing accurate and current data, you'll stay informed on the PKR. We provide comprehensive information to meet all your financial needs effectively.
Buying rate
PKR 0.003118
Selling rate
PKR0.003939
Pakistani Rupee (PKR)
Currency Details
Symbol: Rs
ISO Code: PKR
Subunits: 1 Rupee = 100 paisa
Banknotes and Coins
The Pakistani Rupee is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 rupees
2 rupees
5 rupees
10 rupees
Banknotes:
Current banknotes in circulation:
Rs 10
Rs 20
Rs 50
Rs 100
Rs 500
Rs 1000
The banknotes and coins of the Pakistani Rupee feature various historical figures, cultural motifs, and landmarks of Pakistan.
History and Background
The Pakistani Rupee has been the official currency of Pakistan since 1948, replacing the Indian Rupee. It is managed and issued by the State Bank of Pakistan.
Economic Significance
The PKR is crucial to Pakistan's economy, facilitating trade, investment, and daily transactions. Pakistan's economy is primarily driven by agriculture, textiles, manufacturing, and services.
Usage and Exchange
The Pakistani Rupee is widely accepted across Pakistan for all transactions. For international visitors and expatriates, exchanging foreign currency for Pakistani Rupees can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are accepted in major urban centers, but cash is predominantly used in rural areas.
Conclusion
The Pakistani Rupee is more than just a currency; it is a symbol of Pakistan's economic growth, cultural heritage, and resilience. Understanding the PKR is essential for anyone engaging with Pakistan's economy, whether as a resident or a visitor. The stability and accessibility of the Pakistani Rupee play a significant role in the country's economic development.
Currency Details
Symbol: Rs
ISO Code: PKR
Subunits: 1 Rupee = 100 paisa
Banknotes and Coins
The Pakistani Rupee is available in both coins and banknotes:
Coins:
Coins are available in denominations of
1 rupees
2 rupees
5 rupees
10 rupees
Banknotes:
Current banknotes in circulation:
Rs 10
Rs 20
Rs 50
Rs 100
Rs 500
Rs 1000
The banknotes and coins of the Pakistani Rupee feature various historical figures, cultural motifs, and landmarks of Pakistan.
History and Background
The Pakistani Rupee has been the official currency of Pakistan since 1948, replacing the Indian Rupee. It is managed and issued by the State Bank of Pakistan.
Economic Significance
The PKR is crucial to Pakistan's economy, facilitating trade, investment, and daily transactions. Pakistan's economy is primarily driven by agriculture, textiles, manufacturing, and services.
Usage and Exchange
The Pakistani Rupee is widely accepted across Pakistan for all transactions. For international visitors and expatriates, exchanging foreign currency for Pakistani Rupees can be done at banks, exchange bureaus, and ATMs. Credit and debit cards are accepted in major urban centers, but cash is predominantly used in rural areas.
Conclusion
The Pakistani Rupee is more than just a currency; it is a symbol of Pakistan's economic growth, cultural heritage, and resilience. Understanding the PKR is essential for anyone engaging with Pakistan's economy, whether as a resident or a visitor. The stability and accessibility of the Pakistani Rupee play a significant role in the country's economic development.