1 USD to PKR Rates Today Dollar to PKR Pakistani Rupees


Welcome to usdtopkr.pk – IF we delve into a bit of details regarding the USD to PKR exchange rate, it’s no news that the USD has always dominated the PKR by a large margin. In fact during the past decade it’s difficult to determine a point where the 1 Dollar to PKR Forex was ever below USD1:PKR100.

Will the Dollar to Pakaistani Rupee ever devalue? Part of the reason is also that is due to our adverse balance of payments, which has an ever increasing import bills (USD to PKR) of more expensive finished goods and luxury items rather than capital machinery or skills against declining exports which are mainly based on low value agriculture products rather than finished goods and that too in an era where technology/IT products and services are higher value with a more elastic supply chain. Whilst Pakistan has one of the largest supply of IT services exports on low value high population natured services, the truth is that this potential and the relevant amount of exports to date remains untapped. Not only is the government not encouraging and establishing a proper infrastructure for such IT related services, but also the existing law fails to recognize a large scope of these services due to outdated laws, hence forcing people to keep all their money earned through this outside the country and such services not even being included under the scope of exports.


History of USD to PKR:

IF we delve into a bt of details regarding the 1 USD Dollar to PKR Exchange Rate, it’s no news that the USD has always dominated the PKR by a large margin. In fact during the past decade it’s difficult to determine a point where the USD to PKR Forex was ever below USD1:PKR100. With several government changes and each with a polar opposite vision of how the economy can grow, the currency PKR has more often than not suffered against the USD due to severe devaluation thanks to how much the institutions favor high interest rates. USDtoPKR.pk Ever since the last government came into power in 2018, the Dollar to PKR forex started from USD1:PKR139 and gradually increased to USD1:PKR178. However when the government was changed during the start of the second quarter, the Dollar rose to an all-time high of Over Rs.240 per Dollar until this month when the Dollar to PKR devalued to USD1:PKR218 and is floating around that point since. Whilst the dollar is not expected to fall anytime soon, the inflation this increase in USD to PKR has bought about is bound to devalue the PKR against the USD in the long term unless drastically efficient and result inducing economic policies accompanied by massive investment, aggregate supply increase and GDP growth takes place to stabilize the PKR against the threats it faces both domestically and internationally.


What is Forex USD to PKR RATES?

A Currency is one of the most integral building blocks of the economy of any country used as a medium of exchange, store of value as well as an accurately quantifiable and quantitative measure to assign value to things, goods and services. While every country in the global economy has its own currency, some currencies due to strong economies and favorable trade policies globally have had a significant reflection of these strengths in their currency, which have become predominantly stronger and have an advantage and protection against devaluation due to purely domestic pressures, thanks to the significant demand overseas as well. A great example for this can be the US Dollar ($) which has stood the test of time and fared through the worst American recessions in history, yet continues to be the most powerful currency in the world purely due to it being the backbone of global trade.

How is Forex Determined?
Exchange rates are determined by the Forex policy set by the government. Dollar to PKR It can either be the more popular floating exchange rate which used natural principles of supply and demand of the currency to determine its value against the world’s other currencies or it can be a fixed or pegged exchange rate which has the rate pegged or fixed at a specific country’s currency or a specific value.

The Math behind Forex:
While on its face Forex rates seem seemingly simple, there is a world of complex calculations being rendered every second to determine the exchange rate as at that point in time for every currency against another for instance the Dollar to PKR forex rates. Not only is the forex effected by the domestic macroeconomic indicators of the country of a currency, it also increases or decreases in response to changes in the currency it is being compared against. For instance the PKR to USD forex rates may be devalued due to the current volatile political situation of Pakistan taking its adverse toll on inflation and purchasing power parity or it may be devalued by the strengthening of the USD against PKR owing to rapid GDP growth of USA. Other factors effecting Forex are macroeconomic indicators like Unemployment, inflation, GDP, interest rates and even speculations about the performance of a particular economy.




(Published on December 01, 2022)

Kuwaiti Dinar is one of the most impressive and highest stability currencies existing in the world today. It has managed to maintain one of the highest exchange rates yet one of the most used and in demand currencies as of 2022 purely due to its high speculative demand which drives the super high valuation in forex markets and very profitable exchange rates it is renowned for. (Dollar to PKR) The Kuwaiti Dinar is backed by rich oil money as Kuwait is a rich oil state and it is rightly reflected in its very strong and resilient Kuwaiti Dinar which has stood the test of time and forces against mighty players like the USD and EUR or GBP. Safe to say, the Kuwaiti Dinar is one of the most viable currencies to profit from exchange rates in the long term owing to factors that are likely to remain undisturbed in the near future.

The Bahraini Dinar / BHD is one of the most highly valued currencies in the world and tops the charts at the second highest most valued currency in the world only after the USD. The famous BHD derives all this value from the rich oil and gas resources and related exports of the country as well as being heavily invested and focused in the tourism and financial sectors. (USD Dollar to PKR) This means that the BHD does have some volatility depending upon the fluctuation in the global oil prices. This is evident from the exchange rates of the BHD over the past 5 years starting from 2017 when it was 1 BHD=281 PKR. As the position of oil improved and local tourism in Bahrain was promoted, it improved to 369 PKR for 1 BHD. 2019 marked the third consecutive year of BHD appreciation against the PKR when it rose to PKR 410=1 BHD. However as 2020 approached and COVID significantly impacted the global tourism industry, Bahrain was also adversely impacted yet managed to stay stable at 426 PKR =1 BHD. Today the rate of 1 BHD hovers around 596 PKR which is a noticeable improvement and a great reflection of the rebound from the destruction caused by the COVID era.

The Great Britain Pound is perhaps the strong and certainly the most royal currency ever in the history of the world. Being the Official currency of the UK, one of the most powerful kingdoms in the world, the GBP has a strong economy, a pedigree in effective policing and bureaucracy as well as strong growth indicators all contributing towards the GBP being one of the most used and famous currencies in the world. The GBP to PKR exchange rate has had a very interesting history mainly due to the high volatility of the PKR appreciation and depreciations. (USD to PKR) In 2017 1 GBP = 149 PKR which increased to PKR 216= GBP 1 in 2020 during the COVID period. After suffering a great deal in economic depressions and prolonged periods of inflations, the GBP does continue to suffer natively but the Forex value against PKR is maintained at 1 GBP= 273 PKR due to very high depreciation if the PKR in the forex markets.

The Canadian Dollar is the official currency of Canada and just like every other currency, the wealth and progressive nature of the CAD reflects not only the progressive multicultural richness of the country but also the inherently natural dominant nature of the Dollar. (USD to PKR) The CAD has grown multifold in the past couple of years as more and more people from rich IQ Asian, Indian and middle eastern countries have immigrated there and started to contribute positively to the GDP and HDI indexes within Canada, making the Canadian Dollar the highest value currency falling short of only a few points when compared to with the USD.


The PKR enjoys a unique relationship with the Australian dollar/ AUD. With a huge number of expats currently living in Australia and earning AUD as well as remitting the same to PKR has made AUD one of the top most demanded currency in Pakistan. It enjoys an excellent forex rate of AUD to PKR and currently its free floating at 1AUD=150PKR.
Before the great depreciation if the PKR, the relationship of PKR and AUD was largely stable, with only Australia’s growth contributing to the growing value of the AUD over the past 5 years. What started off at 1AUD=85PKR in 2017 grew to 97PKR for 1 AUD and 108 PKR=1AUD in 2018 and 2019 respectively. It remained strong even against COVID and due to depreciating PKR the forex was 1UAD=121PKR in 2020. Currently with PKR at its worst in the past many years, the AUD is at PKR 150 for 1 AUD with no foreseeable appreciations in favor of the PKR.

It would not be an understatement if the USA Dollar or USD is called the most powerful currency in the world as of 2022. Not only is it the most famous and most used currency, with its integration in almost all major trade unions and trade areas and being the currency of choice for all international trade, the USD is also the most valuable and valued currency in the world.
PKR to USD is one of the most common forex rates in Pakistan and has been quite volatile over the past many years. In 2017 it was 1USD=109PKR and consistently grew to 139 PKR to 1 USD and 1 USD=154PKR as well as 1USD=159PKR in subsequent years. As of today, the USD has maintained a strong position against PKR despite all economic setbacks at PKR225 to 1 USD.

The currency of America is the United States Dollar (USD). It is also known as the US dollar or American dollar and is the official currency of the United States of America. The USD is used as the main currency for international trade and is widely accepted around the world for transactions and foreign exchange. It is divided into 100 cents and is issued by the Federal Reserve System, which is the central bank of the United States.

To convert US Dollar (USD) to Pakistani Rupees (PKR), you can follow these steps:

1-Find the current exchange rate for USD to PKR. You can search online for "USD to PKR exchange rate" to find up-to-date information.

2-Multiply the amount of USD you want to convert by the current exchange rate. For example, if the exchange rate is 1 USD = 170 PKR and you want to convert 100 USD, you would multiply 100 by 170, which equals 17,000 PKR.

Alternatively, you can use a currency converter tool, which will automatically calculate the exchange rate for you and convert your desired amount.

Keep in mind that exchange rates can fluctuate frequently, so the amount of PKR you receive may vary depending on the timing of your exchange.


The history of USD to PKR exchange rate is a complex one, with fluctuations in value over the years due to various economic and political factors. Here are some key points in the history of USD to PKR exchange rate:

In 1947, when Pakistan gained independence from British India, the exchange rate was 1 USD to 3.31 PKR.

In the 1950s and 1960s, the exchange rate remained relatively stable, with slight fluctuations. In 1960, the exchange rate was 1 USD to 4.76 PKR.

In the 1970s, due to a range of economic factors, including nationalization of industries, currency devaluation, and political instability, the PKR began to decline in value. In 1971, the exchange rate was 1 USD to 4.76 PKR, but by 1979, it had fallen to 1 USD to 9.90 PKR.

In the 1980s, the PKR continued to decline in value, partly due to external factors such as the oil crisis and the war in Afghanistan. By 1988, the exchange rate had reached 1 USD to 18.70 PKR.

In the 1990s, the PKR began to stabilize, partly due to economic reforms and improvements in the country's balance of payments. By 1999, the exchange rate was 1 USD to 45.15 PKR.

In the 2000s, the PKR continued to fluctuate due to a range of factors, including global economic conditions, political instability, and terrorism. By 2009, the exchange rate had reached 1 USD to 83.50 PKR.

In recent years, the PKR has continued to fluctuate, partly due to a range of economic and political factors, including inflation, energy shortages, and political instability.

US Dollar For International Trade:

The US dollar (USD) is widely used as the primary currency for international trade. This is due to several reasons:

1- Stability: The US economy is one of the largest and most stable economies in the world. The USD is seen as a stable and reliable currency, which makes it attractive to foreign investors and businesses.

2- Reserve Currency: The US dollar is the most widely held reserve currency in the world. Many central banks around the world hold US dollars as part of their foreign exchange reserves, which increases the demand for the currency.

3- Wide Acceptance: The USD is widely accepted around the world, particularly in countries that have a high volume of international trade. This makes it easier for businesses to conduct transactions in USD, as it reduces the need for currency exchange.

4- Large Market: The United States has a large and active market, which makes it an attractive destination for foreign investment. The USD is used as the currency for these transactions, further increasing its use in international trade.

Overall, the stability, reserve status, wide acceptance, and large market of the US dollar make it the most widely used currency for international trade.


Why US dollar too high in Pakistan?

There are several factors that can contribute to the value of the US dollar being high in Pakistan, including:

Trade: The US dollar is a widely accepted currency for international trade, and many businesses in Pakistan may need to use US dollars to conduct transactions with other countries. This can increase demand for US dollars in Pakistan, driving up the value of the currency.

Remittances: Many Pakistanis working abroad send money back home in the form of remittances, and these transactions are often conducted in US dollars. As the demand for US dollars increases due to remittances, the value of the currency can rise.

Investment: Foreign investors may choose to invest in Pakistan, and they may use US dollars to do so. As more US dollars are invested in Pakistan, the value of the currency can increase.

Political and economic stability: If investors perceive Pakistan to be a stable and reliable country to do business with, they may be more likely to invest in the country, which can increase demand for US dollars and contribute to the currency's high value.

It's worth noting that exchange rates are also affected by a variety of external factors such as global economic conditions, interest rates, and government policies, which can all influence the demand for and supply of currencies.


USD to PKR year by year from 2001 to 2023:

Here are the approximate exchange rates of USD to PKR year by year from 2001 to 2023, based on my knowledge cutoff date of September 2021:

2001: 63.25 PKR
2002: 61.45 PKR
2003: 58.00 PKR
2004: 58.10 PKR
2005: 59.40 PKR
2006: 60.65 PKR
2007: 60.20 PKR
2008: 68.90 PKR
2009: 80.00 PKR
2010: 85.50 PKR
2011: 86.00 PKR
2012: 94.10 PKR
2013: 105.30 PKR
2014: 101.40 PKR
2015: 104.80 PKR
2016: 104.40 PKR
2017: 105.50 PKR
2018: 138.90 PKR
2019: 154.90 PKR
2020: 160.20 PKR
2021: 166.00 PKR (as of September)

It's important to note that exchange rates can vary based on various factors, including economic conditions, political stability, and market demand, and the actual exchange rates may differ from the above approximations.






As on Saturday March 25, 2023 1:24:39 PM
1 USD to PKR = 283.76 PKR Pakistani Rupees








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