on receiving high interest. We get lesser amount in return if we purchase foreign currency. This is applicable to currencies that have high exchange rate than Pakistani Rupee. It is considered a reserve currency. Convert United States Dollar(USD) To Pakistani Rupee(PKR). Before twentieth century, British Pound was the most secure, valuable and purchased currency but since twentieth century this title has been snatched by US Dollar. United States has been giving multiple sorts of financial aids to Pakistan in the past but recently in the wake of terrorism, military aid worth 300 million dollars was withheld by US Government. The best USD to PKR rate over a historical period can be determined using the history chart and prices below: Chart: 7D 1M 3M 6M 9M 1Y, thursday 15 November 2018 1 USD 133.9951 PKR, wednesday 14 November 2018 1 USD 134.248 PKR, tuesday. The lesser the impact of the following on market of any country, the more open is the market of that country.
Banks usually charge a higher exchange rate on the currency indian currency rate canadian dollar because of the added interest. It shows the exchange rate of the two currencies conversion. United States Dollar(USD) To Pakistani Rupee(PKR). Dollar is the currency of choice in many countries because it is well estimated that it would never devalue and there wont be excessive dollar supply in markets. When the value of Pakistani rupee went down, our currency exchange rates took quite a drastic turn due to which a lot of money had to be paid on the import of goods and our exports were being sold at lower prices. USD, pKR, uSD, pKR 1 USD 134.43 PKR.00744 USD 1 PKR 2 USD 268.86 PKR.01488 USD 2 PKR 5 USD 672.15 PKR.03719 USD 5 PKR.3 PKR.07439 USD 10 PKR.45 PKR.11158 USD 15 PKR.6 PKR.14878 USD 20 PKR.75 PKR.18597. Many international banks tend to keep US in larger quantities to pay off debts, to make investments, to conduct transactions and to have an impact on their local exchange rate as well. Pakistani Rupee(PKR) To United States Dollar(USD). Effect of Exchange Rate on Economy. In the past, the lawyers movement and Pakistans political instability has done quite some damage to its overall performance in every sector. You can get the open market currency exchange rates of US Dollar in Pakistan ( USD) and all major currencies including Euro EUR, British Pound GBP, Saudi Riyal SAR, UAE Dirham AED, Canadian Dollar CAD and Chinese Yuan. Pakistan is still battling terrorism and it has affected its relations with USA.
Currency Convertor is also available to easily convert any currency online. It also shows the history chart of this currency pairs, by choosing the time period you can get more detailed information. International banks, most famous being Deutsche Bank, Barclays, hsbc, Standard Chartered, Citi etc are involved in fixing the rate of currency exchange in the global market.