Pakistani Rupee (PKR)
The Pakistani rupee is a managed currency used in Pakistan. The State Bank of Pakistan publishes a daily reference rate and intervenes when the market is under stress.
The latest available mid-market reference is 1 PKR = 0.003611 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Pakistani Rupee
Pakistan's foreign exchange comes mainly from remittances and textile exports, while energy and machinery dominate imports. The rupee is not widely traded offshore and the official rate is closely managed.
A short history
The Pakistani rupee was introduced in 1948. The country has moved between fixed and managed rates, with a market-based system adopted in 1982 and refined since.
What moves the Pakistani Rupee
Remittances from the Gulf, the United Kingdom and the United States, textile exports, IMF programme reviews and foreign exchange reserves.
Live PKR exchange rate
| Currency | 1 PKR equals |
|---|---|
| US Dollar (USD) | 0.003611 |
| Euro (EUR) | 0.003249 |
| British Pound (GBP) | 0.002717 |
| Japanese Yen (JPY) | 0.5760 |
| Chinese Yuan (CNY) | 0.024142 |
| Indian Rupee (INR) | 0.3389 |
| Canadian Dollar (CAD) | 0.005142 |
| Australian Dollar (AUD) | 0.00527 |
| Swiss Franc (CHF) | 0.003004 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
PKR conversion pages
Guides for Pakistani Rupee
Other currency profiles
Pakistani Rupee questions
What is the Pakistani Rupee?
Pakistani Rupee (PKR) is used in the following countries and territories: Pakistan. Central bank: State Bank of Pakistan. Exchange rate regime: managed float.
Which countries use the Pakistani Rupee?
The Pakistani Rupee is used in the following countries and territories: Pakistan.
What affects the Pakistani Rupee exchange rate?
Remittances from the Gulf, the United Kingdom and the United States, textile exports, IMF programme reviews and foreign exchange reserves.