1 USD = 277.829818 PKR Apr 12, 2024 15:11 UTC
Check the currency rates against all the world currencies here. The currency converter below is easy to use and the currency rates are updated frequently.Highest: 288.35 PKR on 17 Nov 2023. Average: 280.28 PKR over this period. Lowest: 275.00 PKR on 21 Oct 2023.This liquidity surge was a result of stringent regulatory measures, a reduction in the money supply, and a notable balance of payments surplus due to decreased import demand. Additionally, a moratorium on Chinese debt repayments further bolstered the economic landscape.
Is dollar rate going to increase in Pakistan : The USD to PKR exchange rate is forecasted to increase by 0.08% in the next 24 hours, rising from the current rate of Rs 277.96 to Rs 278.17. Currently, the sentiment in the USD/PKR market is estimated to be bullish.
How much is 100 dollars in Pakistani rupees open market
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| Conversion rates US Dollar / Pakistani Rupee | |
|---|---|
| 10 USD | 2,778.00000 PKR |
| 20 USD | 5,556.00000 PKR |
| 50 USD | 13,890.00000 PKR |
| 100 USD | 27,780.00000 PKR |
What is open market rate : What is Open-Market Rate. The open-market rate is the rate of interest paid on any debt security that trades in the open market. Interest rates for such debt instruments as commercial paper and banker's acceptances would fall under the category of open-market rates.
Dollar to PKR Exchange Rates
| Country/Currency | Symbol | in PKR |
|---|---|---|
| United States Dollar | USD | 281.08 |
| British Pound Sterling | GBP | 351.35 |
| Euro | EUR | 302.24 |
| Japanese Yen | JPY | 1.84 |
The Pakistani rupee (PKR) is expected to continue its downward spiral and reach a historic low of 350 per dollar by the end of 2024, according to a report by BMI Research, a Fitch Solutions company.
What is the prediction of PKR in 2024
The Pakistani rupee (PKR) is poised to end the year as Asia's worst-performing currency, with analysts expecting further depreciation in 2024. BMI Research forecasts a decline to 350 per USD by the end of next year. The currency has depreciated by 20.73% or 59.21 rupees against the US Dollar over the year.In the short to medium term, it makes more sense now to buy and hold dollars in the current market. The country's two major dollar outflows i.e. debt repayment and oil import will virtually be nil for at least a year.USD/PKR forecast
In its Pakistani rupee forecast for 2023 (as of 9 December),Trading Economics expected the USD/PKR exchange rate to move back towards the 240 low, trading at 239.149 in 12 months' time from 227.43 at the end of 2022, based on global macro models and analysts' expectations.
Live rate: 1 GBP = 352.3000 PKR ( +0.26% )
What is the open market euro rate in Pakistan : 1 EUR = 295.552967 PKR Apr 14, 2024 04:03 UTC.
What is the dollar market today : # USDINR trading range for the day is 83.14-83.32.
Will the Pakistani Rupee get stronger
USD/PKR forecast
In its Pakistani rupee forecast for 2023 (as of 9 December),Trading Economics expected the USD/PKR exchange rate to move back towards the 240 low, trading at 239.149 in 12 months' time from 227.43 at the end of 2022, based on global macro models and analysts' expectations.
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April 2024
| Date | US Dollar to Pakistani Rupee Monthly Exchange Rates | |
|---|---|---|
| Thursday 11 April 2024 (11/04/2024) | $1 USD = ₨277.9902 | US Dollar rates for 11/04/2024 |
| Friday 12 April 2024 (12/04/2024) | $1 USD = ₨277.9416 | US Dollar rates for 12/04/2024 |
| Saturday 13 April 2024 (13/04/2024) | $1 USD = ₨277.3024 | US Dollar rates for 13/04/2024 |
Gov Capital's USD/PKR forecast for 2025 showed the pair trading at 637.974 at the end of the year, down from 225.6 at the end of 2023 and 311.713 at the end of 2023.
Is PKR expected to rise : The Pakistan Rupee is expected to trade at 281.77 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 294.98 in 12 months time.