INR To PKR

At Urban Money, we provide a seamless and efficient INR to PKR currency conversion tool. With real-time exchange rates at your fingertips, you can convert 1 INR to PKR or 100 Indian rupees to Pakistani rupees. Our user-friendly interface ensures swift and accurate results. Please note that Urban Money only provides conversion data, not transaction services.

Convert INR to PKR at the Real Exchange Rate

Amount

INR

Converted to

PKR

1 INR =

i

Currency exchange value is subjected to market fluctuation. Exchange rate as on Feb 26, 2024.

INR To PKR Exchange Rate

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 PKR Exchange Rate Last 7 days

Date

Price

  • 3.495556

  • 3.475358

  • 3.525282

  • 3.525272

  • 3.507624

  • 3.540292

  • 3.532885

Indian Rupee to Pakistanian Rupee Conversions

INR

PKR

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.

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