The exchange rate between the Indian Rupee (INR) and the Pakistani Rupee (PKR) is a crucial factor in promoting economic cooperation and trade between India and Pakistan. This exchange rate represents the relative value of the INR and PKR, impacting the cost of imports, exports, and bilateral investments. It influences the competitiveness of products, affects trade balances, and plays a vital role in cross-border transactions between the two nations.
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1 INR to GBP
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1 INR to AUD
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1 VND to INR
1 PKR to USD
1 SGD to USD
1 USD to AUD
1 BDT to INR
1 JPY to USD
1 KRW to INR
1 PHP to INR
1 USD to SGD
1 INR to BDT
1 INR to IDR
1 INR to LKR
1 CNY to USD
1 CZK to INR
1 HKD to USD
1 LKR to INR
1 RUB to USD
1 USD to CNY
1 USD to JPY
1 USD to THB
1 CHF to USD
1 IDR to USD
1 INR to JPY
1 SAR to USD
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1 INR to SAR
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1 TRY to INR
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1 INR to KWD
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1 MUR to INR
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1 PHP to USD
1 SEK to USD
1 USD to PHP
1 ZAR to USD
1 AED to PKR
1 BRL to USD
1 HUF to INR
1 INR to PHP
1 INR to QAR
1 MXN to INR
1 NZD to USD
1 USD to HKD
1 USD to SAR
1 USD to ZAR
1 VND to USD
1 DKK to USD
1 GBP to AED
1 INR to KRW
1 INR to NZD
1 KWD to USD
1 QAR to USD
1 TRY to USD
1 USD to CHF
1 ILS to INR
1 INR to CHF
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1 USD to NZD
1 USD to VND
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1 COP to INR
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1 EGP to USD
1 INR to BHD
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1 INR to SEK
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1 NGN to INR
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1 USD to BRL
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1 AUD to GBP
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1 LKR to USD
1 TWD to INR
1 TWD to USD
1 UGX to INR
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1 USD to MXN
1 USD to NPR
1 USD to OMR
1 USD to QAR
1 USD to SEK
1 USD to UAH
1 AUD to CAD
1 BHD to USD
1 CAD to AED
1 GBP to AUD
1 GBP to CAD
1 GEL to INR
1 GHS to INR
1 INR to CNY
1 INR to HKD
1 INR to PLN
1 TZS to INR
1 USD to COP
1 AED to CAD
1 ARS to INR
1 ARS to USD
1 AZN to INR
1 BND to INR
1 CZK to USD
1 GBP to PKR
1 GBP to SGD
1 INR to COP
1 INR to MUR
1 INR to ZAR
1 KZT to INR
1 NGN to USD
1 SAR to PKR
1 SGD to MYR
1 USD to CLP
1 USD to DKK
1 USD to GHS
1 USD to PLN
1 AED to SAR
1 AFN to INR
1 AMD to INR
1 CAD to AUD
1 CAD to GBP
1 CLP to INR
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1 FJD to INR
1 ILS to USD
1 INR to DKK
1 INR to MVR
1 INR to UAH
1 IQD to INR
1 IRR to USD
1 KES to USD
1 SAR to AED
1 SGD to AUD
1 UAH to USD
1 USD to AFN
1 USD to BHD
1 USD to KES
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1 INR to PKR Exchange Rate Last 7 days
Date
Price
26 September 2023
3.495556
25 September 2023
3.475358
24 September 2023
3.525282
23 September 2023
3.525272
21 September 2023
3.507624
20 September 2023
3.540292
19 September 2023
3.532885
Indian Rupee to Pakistanian Rupee Conversions
INR
PKR
1 Indian Rupee to Pakistanian Rupee
5 Indian Rupee to Pakistanian Rupee
10 Indian Rupee to Pakistanian Rupee
25 Indian Rupee to Pakistanian Rupee
50 Indian Rupee to Pakistanian Rupee
100 Indian Rupee to Pakistanian Rupee
500 Indian Rupee to Pakistanian Rupee
INR to PKR Currency Conversion
Converting your Indian Rupees to Pakistani Rupees has never been easier. Whether it’s 1 INR to PKR or even 100 Indian rupees to Pakistani rupees, our user-friendly conversion tool promptly provides the most accurate conversion rates.
Financial markets operate in a dynamic environment, and the values of the Indian and Pakistani rupees fluctuate according to general economic trends. With Urban Money, you remain a step ahead, always abreast of the current conversion rates.
Use our site as your reliable assistant for all your INR to PKR conversion needs and stay updated in real-time with the ever-changing financial world.
Important Facts About PKR – Pakistani Rupee
Before delving into our informative table, it’s crucial to have a little background on the Pakistani Rupee. This currency, denoted by the symbol PKR, is the official monetary unit of Pakistan. Its historical roots and current value dynamics make it an interesting currency to explore. Here’s a table outlining some notable facts:
Fact | Details |
Issuance | State Bank of Pakistan |
Symbol | PKR |
Subunit | 100 Paisa |
Coins in Circulation | 1, 2, 5 Rupees |
Banknotes in Circulation | 10, 20, 50, 100, 500, 1000, 5000 Rupees |
Introduced | 1947, following Partition of British India |
Banknote Security Features | Holographic strip, micro-printing, watermark, fluorescent fibre |
Inflation Rate (2022) | 7.40% |
Historical Low Against INR (2020) | 1.91 |
Historical High Against INR (2013) | 2.28 |
How Our INR to PKR Online Currency Converter Works?
Our cutting-edge platform is user-friendly, reliable, and designed to ensure your currency conversion needs are met swiftly and efficiently. Here, we’re going to guide you on how to use Urban Money’s INR to PKR online currency converter. Here’s how our currency converter works:
- Visit our website: Head to urbanmoney.com and locate our currency converter tool.
- Select currencies: Choose INR as the base currency and PKR as the target currency.
- Enter the amount: Input the desired amount of Indian Rupees you want to convert to Pakistani Rupees.
- Get instant results: Our advanced algorithm will process the information and instantly provide you with the converted value in PKR.
Benefits of INR to PKR Online Currency Converter Tools
Here, we bring you a host of advantages with our INR to PKR online converter tool.
- Speed & Convenience: With Urban Money, you can instantly check the INR to PKR rate, whether it’s for 1 INR to PKR or 100 Indian Rupees to Pakistani Rupees. No queues, no waiting, just instant results at your fingertips.
- Accuracy: Our currency converter tool provides you with the most up-to-date exchange rates, ensuring the accuracy of your conversions.
- Easy to Use: Whether you’re a tech whiz or a novice, our tool is simple and intuitive. A few clicks are all it takes to know the value of 1 Indian Rupee to 1 Pakistani Rupee.
- Free Access: Urban Money provides this tool at no cost. Our primary aim is to facilitate seamless INR to PKR conversions for you.
- Universal Accessibility: Accessible 24/7, anywhere in the world, our tool is your global assistant for INR to PKR conversions.
List of Factors Affecting the Value of INR to PKR Conversion
Various factors can influence the value of INR to PKR conversions. Here, we’ll shine a light on these crucial elements to help you better understand the dynamics of Indian Rupee to Pakistani Rupee conversion rates.
- Economic Policies: Monetary and fiscal policies in India and Pakistan significantly impact the value of INR to PKR.
- Inflation Rate: A higher inflation rate in a country can depreciate its currency value against others.
- Interest Rates: Changes in interest rates can attract or deter foreign investors, impacting the currency’s value.
- Economic Performance: The overall economic health of a country can affect the strength of its currency.
- Political Stability: Political unrest or instability can negatively impact the value of a currency.
- Global Events: Events like geopolitical conflicts, pandemics, and major economic announcements globally can affect currency values.
1 INR to PKR in 1947 to 2020
To understand the dynamics of INR to PKR over the years, it’s beneficial to analyse the historical data. The table below provides the exchange rate of 1 Indian Rupee to 1 Pakistani Rupee from 1947 through 2022.
Year | 1 INR to PKR |
1947 | 1 |
1950 | 1 |
1960 | 1 |
1970 | 0.98 |
1980 | 0.58 |
1990 | 0.62 |
2000 | 1.61 |
2010 | 1.96 |
2020 | 2.16 |
How INR-PKR Rates are Determined?
The Indian Rupee and Pakistani Rupee exchange rates aren’t static; they are influenced by a range of factors. Here’s a snapshot of how these rates are determined:
- Economic Performance: The economic health of India and Pakistan significantly impacts the INR-PKR exchange rate. Positive economic indicators like GDP growth or a low inflation rate can strengthen a country’s currency.
- Interest Rates: The central banks in both countries set interest rates. Higher interest rates can make a country’s currency more attractive as foreign investors seek better returns.
- Political Stability: Stability in the political landscape plays a significant role in the strength of a currency. Political unrest or uncertainty can negatively impact a currency’s value.
- Trade Balance: The balance of trade between India and Pakistan can affect the INR to PKR conversion. If India exports more to Pakistan, the demand for INR increases, leading to a rise in its value relative to the PKR.
- Global Market Conditions: Broader global economic events can also impact INR-PKR rates. Events like economic crises, changes in oil prices, and other major international developments can influence currency values.
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Frequently Asked Questions (FAQs)
What was the value of 1 INR to PKR in 1947?
By using the exchange rates, we can estimate that 1 INR was equal to 1.17 PKR in 1947.
What is the highest ever INR to PKR?
The highest ever INR to PKR exchange rate was 3.5142 on June 16, 2023.
What does the PKR stand for?
PKR stands for Pakistani Rupee, which is the official currency of Pakistan.
Who decides the INR to PKR exchange rate?
The INR to PKR exchange rate is determined by the supply and demand of the two currencies in the foreign exchange market. The exchange rate can also be influenced by various factors such as interest rates, inflation, trade balance, political stability, etc.
What is the subunit of PKR currency?
The subunit of PKR currency is the paisa, which is equal to 1/100 of a rupee.
What is the smallest unit of PKR currency?
The smallest unit of PKR currency is the paisa, which is equal to 1/100 of a rupee. However, paisa coins are no longer in circulation, and the smallest denomination of banknote is 10 rupees.
What types of bank notes are in PKR currency?
The types of banknotes in PKR currency are 10, 20, 50, 100, 500, 1000, and 5000 rupees. They have different colours, sizes, and designs featuring various historical and cultural symbols of Pakistan.
What types of bank coins are in PKR currency?
The types of bank coins in PKR currency are 1, 2, and 5 rupees. They are made of different metals and have different shapes and designs, featuring various national and religious symbols of Pakistan.