𝐏𝐊𝐑 𝐭𝐨 𝐈𝐍𝐑: Convert Pakistani Rupee To Indian Rupee Online

For anything you purchase, you need to pay currency for it. So, if you are travelling from Pakistan to India, you must not forget to convert your currency first. We say this because converting PKR to INR might bother you after reaching India. Therefore, you should get it done in advance to save time and make your visit hassle-free.

But before that, you must beware of the current Pakistani rupee to INR conversion rates. 

Overview of PKR(Pakistani rupee)

PKR represents the national currency of Pakistan and is considered the currency code of the country. The sum of 100 paise makes 1 Pakistani rupee, locally represented with the symbol Rp or Rs. The Pakistani currency is often referred to as the rupaya, rupee, or rupye. The notes and coins are issued and regulated by the central bank of Pakistan, the State Bank of Pakistan. 

Key Notes

• The currency of Pakistan was introduced in 1947 after achieving independence from the British and autonomy from India. 
• The Pakistani rupee was initially pegged to the British pound, but later, in 1982, it was allowed to float freely. 
• PKR has faced a constant decline since the Pakistani economy has stagnated. 

History of PKR(Pakistani rupee)

In 1947, the Pakistani rupee replaced the Indian rupee. Initially, Pakistan used British notes as their currency, simply by stamping their country’s name until their notes were printed the following year. 

• The Bank of India issued the first Pakistani note that it could only be used in Pakistan.
• The notes initially had bilingual inscriptions on both sides in Urdu and Bengali.
• With the same security pattern and different colours, the large Pakistani notes have the face of the father of their nation, “Mohammad Ali Jinnah”. And the small notes have a rising star symbol on them. 
• Coin Denomination
• The coins denominated in paisa are no longer legal tender after 2013.
• At present, only 1 Rs. coin, 5 Rs. coin, and 10 Rs. coin are legal tender. 

Overview of INR(Indian rupee)

INR stands for the national currency of India and is considered the currency code of the country. The sum of 100 paise makes 1 Indian rupee, locally represented with the symbol ₹ or “Rs”. The notes and coins are issued and regulated by the Reserve Bank of India. 

Key Notes

• The Indian note was introduced in 1917, after the introduction of paper currency with the compulsions of the First World War.
• Since India has a cash-based economy, people engaged in illegal behaviour get access to fake currency circulation.
• The exchange rate of the Indian currency relies on several factors, including oil prices, trade flows, and investment flows. 
• Coin Denomination
• The coins in India were denominated in 50 paise, 1 rupee, 2 rupees, 5 rupees, and 10 rupees, amongst which the 50 paisa coin is not legal tender now. 
• A coin worth 50 paise was once referred to as a “small coin,” whereas coins that were equal to or above 1 rupee were termed “Rupee Coins.”

History of INR(Indian rupee)

The name of the Indian currency comes from the Rupeya, which was historically the silver coin. The silver coin was issued in the 16th century by Sultan Sher Shah Suri. 

• The modern Indian people were the first to use silver coins (about the 6th century BC).
• After 1947, when India gained independence, all the earlier Indian currencies were replaced with the rupee.
• The subdivision of the Indian rupee into 100 paise was done in the year 1957.
• Followed by USD until 1975, the Indian Rupee was fixed to the British pound from 1927 to 1946.
• The INR, which was devalued in 1975, still holds the best position amongst some major countries in the world. 

Convert PKR to INR

To convert 1 Pakistani rupee to INR, you must know the value of 1 INR in PKR today. For instance, on February 24th, 2022, the PKR to INR exchange rate was 0.43 INR.

Here are some examples to find the value of 1 PKR to INR today. 

Note: We are using the same exchange rate of PKR to INR on February 24th, 2022. 

Pakistani Rupee in Indian currency:

Example 1. Convert 500 Pakistani rupees into Indian rupees

Here, the value of 1 PKR to INR is 0.43.

For 500 PKR,

500*0.43= 215 INR

Example 2. Convert 5000 Pakistani rupees into Indian rupees.

Here, the value of 1 PKR to INR is 0.43.

For 5000 PKR,

5000*0.43= 2150 INR

Example 3. Convert 10 Pakistani rupees into Indian rupees.

Here, the value of 1 PKR to INR is 0.43.

For 10 PKR,

10*0.43= 4.3 INR

Example 4. Convert 1000 Pakistani rupees to INR.

Here, the value of 1 PKR to INR is 0.43.

For 1000 PKR,

1000*0.43= 430 INR

Example 5. Convert 4000 Pakistani rupees to INR

Here, the value of 1 PKR to INR is 0.43.

For 4000 PKR,

4000*0.43= 1720 INR

Example 6. Convert 1500 Pakistani rupees to INR.

Here, the value of 1 PKR to INR is 0.43.

For 1500 PKR,

1500*0.43= 645 INR

Example 7. Convert 1500 Pakistani rupees to INR

Here, the value of 1 PKR to INR is 0.43.

For 1200 PKR,

1200*0.43= 516 INR

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Example 8. Convert 1500 Pakistani rupees to INR

Here, the value of 1 PKR to INR is 0.43.

For 3000 PKR,

3000*0.43= 1290 INR

PKR Vs INR

PKR to INR Conversion Chart

Here is a conversion chart showcasing the PKR to INR conversion. Make a note that the exchange value may vary depending on the PKR to INR current rate. With the below-represented conversion chart, you can simply understand how Pakistani rupees convert to Indian rupees.

Wrapping it Up

If you buy anything in exchange for Pakistani or Indian currency, you will have an appropriate idea of its value. Overviewing the currencies of Pakistan and India and recapping their histories from their origin to their symbol gives a clear picture of the fiscal structure of their economies. 

Despite knowing that the conversion is easy, you must always remember that the exchange value of these currencies fluctuates daily. Therefore, it’s advisable to keep a keen eye on their current exchange rate during the conversion. 

FAQ’s about Convert PKR to INR