CURRENCY EXCHANGE RATE USD TO PKR, 21 November 2024

Today, a slight increase in Dollar to PKR rate is observed, the currency exchange rate from the US Dollar to Pakistani Rupee (USD to PKR) in the open market is recorded as 1 USD equal to 278.17 PKR. USD to PKR is one of the most watched and searched rates in Pakistan, In this article, mypricezone.com will keep you updated about the current conversion rates from USD to PKR, and other currencies like USD to GBP, USD to AUD, USD to INR, etc.

CURRENCY	OPEN MARKET RATE
1 USD TO PKR	278.17
1 USD TO AUD	1.54
1 USD TO CAD	1.40
1 USD TO EUR	0.9483
1 USD TO GBP	0.7901
1 USD TO BHD	0.3760
1 USD TO OMR	0.3845
1 USD TO INR	84.40
1 USD TO KWD	0.3074

US DOLLAR CURRENCY EXCHANGE RATE

The United States dollar also referred to as the dollar, U.S. dollar, or American dollar, is the official currency of the United States and several other countries. As per our currency rankings 1 USD to PKR is one of the most popular currency exchange rates searched in Pakistan. According to Wikipedia “the ISO 4217 currency code for US dollar is “USD“, and the currency symbol is $“. Below, you’ll find US Dollar rates in multiple currencies and a currency converter.

CURRENCY	CURRENCY CODE	SYMBOL	RATE IN USD
Pakistan Rupee	PKR	$	0.0036
Bahrain Dinar	BHD	.د.ب	2.66
Canadian Dollar	CAD	$	0.7154
China Yuan	CNY	¥	0.1380
Danish Krone	DKK	Kr	0.1414
EURO	EUR	€	1.05
Hong Kong Dollar	HKD	$ / HK$ / 元	0.1285
Indian Rupee	INR	₹	0.0118
Japanese Yen	JPY	¥	0.0064
Kuwaiti Dinar	KWD	ك	3.25
Malaysian Ringgit	MYR	RM	0.2236
NewZealand $	NZD	$	0.5878
Norwegians Krone	NOK	Kr	0.0904
Omani Riyal	OMR	ر.ع	2.60
Romanian New Lei	RON	lei	0.2122
Qatari Riyal	QAR	ر.ق	0.2747
Saudi Riyal	SAR	SR	0.2667
Singapore Dollar	SGD	$	0.7447
Swedish Korona	SEK	Kr	0.0907
Swiss Franc	CHF	CHF	1.13
Thai Bhat	THB	฿	0.0289
U.A.E Dirham	AED	AED	0.2723
Australian Dollar	AUD	$	0.6506
US Dollar	USD	$	1.00

At present, 1$, 5$, 10$, 20$, 50$, and 100$, are the current circulating banknotes printed and used in the United States, the table below will show the price of these banknotes according to Pakistan Rupee.

CURRENCY	OPEN MARKET RATE
1 USD TO PKR	278.17
5 USD TO PKR	1,390.8635
10 USD TO PKR	2,781.7270
20 USD TO PKR	5,563.4540
50 USD TO PKR	13,908.6350
100 USD TO PKR	27,817.2700

CLICK HERE TO CHECK EURTO PKR RATE

CURRENCY CONVERTER

KEY FACTORS IMPACTING THE US DOLLAR “USD” RATE

As we all know, Pakistan primarily follows a managed float system, which influences the USD to PKR rate in connection to market forces but with some contribution from the State Bank of Pakistan to maintain stability.

A few of the many important factors that are directly influencing the USD to PKR currency exchange rate in Pakistan are

Inflation: Pakistan’s inflation rate has been relatively high, affecting the purchasing power of the Rupee.
Interest Rates: The State Bank of Pakistan has adjusted interest rates to manage inflation and attract foreign investments.
Trade Deficit: Pakistani imports exceed its exports, leading to a trade deficit that puts pressure on the Rupee.
Foreign Exchange Reserves: The reserves held by the State Bank provide a barricade but are insufficient to counter all downward pressures.

Additionally, gross domestic product (GDP), political instability, speculation and market sentiment, and geopolitical events are some significant factors that are impacting the USD to PKR rate in Pakistan.

Conclusion

Today Currency rate in Pakistan from USD to PKR is influenced by a network of factors, including economic and political instability, trade balance, foreign exchange reserves, and market sentiment. Understanding these factors and their interplay is crucial for businesses, investors, and individuals alike. It is highly suggested to stay updated with the variations in currency exchange rates to make valuable decisions.