KUWAITI DINAR (KWD): 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.
BAHRAINI DINAR (BHD)
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.
BRITISH POUND (GBP):
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.
CANADIAN DOLLAR:
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.
US Dollar:
From the last 4 years Pakistani rupee lose their value drastically, From the beginning of year 2019 Pakistani rupee average price is 110 Rupees for 1 US Dollar and now after for year is now at 225 rupees in interbank and unofficially 245 rupee in open market and still dollar not available at 245 in open market. People who want to travel abroad need foreign currency and when he go to open market to buy dollar and other currencies they face huge disappointment even at price 250 foreign currency or dollar are not available.
Nowadays, it is very difficult to buy dollars, whether you want to go to another country or you want to do business, you do not get dollars, dollars are very expensive in the open market, while nowadays even dollars are not available from interbank, (USD to PKR) which The main reason is the shortage of dollars in the country. On our website you will find the updated rate of dollar, which will be according to the Pakistani market and interbank, it is hoped that the problem of shortage of dollars in the country will be solved soon and the people will be able to quickly and easily. Even today, the value of the Pakistani rupee has decreased against the dollar and it is expected that it may decrease further in the coming time, but the value of the rupee may also increase if the economic condition of Pakistan get better.