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Thursday, August 21, 2008

Currency system / Foreign exchange rate

Foreign exchange rate

1 Pakistani Rupee (PKR) = 100 Paise
Dollar-Rupee exchange rate
Dollar-Rupee exchange rate

The Pakistani rupee depreciated against the US dollar until the turn of the century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness

  • Exchange rates: Pakistani rupee (PKR) per US$1
    • 71.50 (26/07/08)
    • 63.50 (01/04/08)
    • 60.50 (01/11/07)
    • 60.75 (05/08/2007)
    • 58 (2004)
    • 57.752 (2003)
    • 59.7238 (2002)
    • 61.9272 (2001)
    • 53.6482 (2000)
    • 51.90 (1999)
    • 44.550 (1998)
    • 40.185 (1997)
    • 35.266 (1996)
    • 30.930 (1995)

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