1 USD to PKR: US Dollars to Pakistani Rupees & PKR to USD

Are you travelling from the US to Pakistan? If yes, don’t forget to get the currencies converted first. We say this because converting USD to PKR can be quite a hassle once you reach Pakistan. To avoid such situations and save time, you should get it done in advance.

But before that, make sure you are familiar with the latest US dollar to PKR conversion rates. No, you don’t have to go anywhere else for that; just scroll down below to find out all the information you need.

Overview of USD(US Dollar)

The United States Dollar or USD is the national currency of the USA. Represented by the symbol $, the currency is composed of 100 cents and is considered the most valuable currency in the world.

Aside from being valuable, it is also the most widely used currency for transactions across the globe. Interestingly, it is considered the official currency of many territories outside the US, and some countries use USD along with their official currency as a mode of payment.

Overview of PKR(Pakistani Rupee)

PKR or Pakistani Rupee is the official currency of Pakistan. It comprises 100 paise and is represented by symbols like Rs or Rp. While conversing with each other or exchanging money, Pakistan citizens refer to their currency as Rupee or Rupay.

Currently, the value of one US dollar is around 176 Pakistani rupees.

History of USD(US Dollar)

USD originated in Spanish America, somewhere between the 16th and 19th centuries. The country’s citizens were officially introduced to the first US dollar coins in 1792. In appearance and composition, these coins were inspired by the Spanish dollar.

People in the United States traded in US coins, Mexican pesos and Spanish coins until the Coinage Act of 1857. The act removed Mexican pesos and Spanish coins as legal currencies for trade in the US.

The first USD notes were printed as demand notes during the 1861 Civil War. Due to their colour green, they were referred to as greenbacks by people who used them during the Civil War. A standardised system of printing these notes was created in 1869.

In 1944’s Bretton Woods Agreement, the United States Dollar was categorised as the world’s currency. After which, it became the world’s most dominant currency. The currency was traded as coins earlier but later moved on to paper notes.

History of PKR(Pakistani Rupee)

The history of the Pakistani Rupee goes back to almost 500 years from today. Its name, i.e., rupee, is derived from the Sanskrit word for silver, i.e. “rupa” or “rup”.

Before the separation in 1947, Pakistan was a part of India, which meant that they shared the same currencies. However, after independence, Pakistan gained the right to establish its currency.

The first PKR notes were issued by the Bank of India, with the condition that they will only be used in Pakistan. The notes originally had bilingual inscriptions containing both Urdu and Bengali. Rs 1,5,10 and 100 were the first bills to be introduced followed by Rs. 2,20,50,500,1000 and 5,000.

The larger notes have the face of the father of the nation Muhammad Ali Jinnah while the small ones have a rising star on them. These notes differ in colour and size of cells but have the same pattern for security purposes.

Besides the citizens of Pakistan, people in Afghanistan also used PKR as a form of exchange.

USD to PKR Forecast

In the table below, you can find the USD to PKR forecast for 2022, from February 2022 to December 2022. It represents the value of 1 US dollar to Pakistani Rupee and exchange rate USD to PKR.

Month and Year	Opening Rate	Closing Rate	Minimum Rate	Maximum Rate	Change
February 2022	176.024	175.819	175.815	176.024	-0.12 %
March 2022	175.819	176.098	175.511	176.098	0.16 %
April 2022	176.125	175.854	175.841	176.296	-0.15 %
May 2022	175.848	177.339	175.848	177.339	0.84 %
June 2022	177.405	179.517	177.405	179.517	1.18 %
July 2022	179.552	180.693	179.552	180.693	0.63 %
August 2022	180.747	181.53	180.747	181.53	0.43 %
September 2022	181.558	182.07	181.558	182.07	0.28 %
October 2022	182.091	182.865	182.091	182.981	0.42 %
November 2022	182.866	183.309	182.668	183.309	0.24 %
December 2022	183.358	183.839	183.358	183.912	0.26 %

Convert USD to PKR

Before we convert USD to PKR with examples, we would like to share one US dollar to Pakistani rupee rate today,which is Rs 176.21.

Let’s understand the conversion with examples now.

NOTE: We are using the exact exchange rate USD to PKR as of 25th January 2022.

Example 1: Convert 4 dollars in Pakistani rupees

The value of 1 USD to PKR is 176.21

So, for 4 USD, the conversion to PKR is

4*176.21 = Rs 704.85

Example 2: Convert 0.10 dollars in Pakistani rupees