considered a reserve currency. To see the latest exchange rate and compare historic rates year on year, head over to our exchange rates page. Foreign reserves fell to 2 billion, but had recovered to 17 billion by February 2011. PKR ) is 134.2., all prices are updated every hour to give you the best conversion. Since economic and financial stability in our country is still a work under progress, Pakistani Rupee to United States Dollar exchange rate is quite massive. It's known locally as a buck or greenback. Historical Exchange Rates For United States Dollar to Pakistani Rupee. Useful information relating to the, uS, dollar currency. Between 19, the rupee devalued.5, and devalued the same again between 1987 and 88, largely as a result of this. Today, currency, rate of USD to, pKR.
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With the credit boom in Pakistan building since 2008, the countrys election of 2008 also had a huge effect on the value of the rupee, with it losing 23 of its value since December 2007 to a record low.2 against the dollar. In Pakistan, the rupee is referred to as the 'rupees 'rupaya' or 'rupaye'. Pakistan is still battling terrorism and it has affected its relations with USA. When the value of Pakistani rupee went down, our currency exchange rates took quite a drastic turn due to which a lot of money had to be paid on the import of goods and our exports were being sold at lower prices. Symbol: Rs, the, pakistani rupee was put into circulation after the country became independent from the British Raj in 1947. Several countries use the.S. It has taken quite some time to bring Pakistan out of complete economic crisis though situation is not completely better at the moment. Before twentieth century, British Pound was the most secure, valuable and purchased currency but since twentieth century this title has been snatched. US, dollar in December of 1988 and anticipating from how relations between Pakistan and America remain, Dollar would keep on increasing in price. Whether youre looking for pesos or pounds, we can deliver to your home or you can pick up from us in store. May 04May 19Jun 03Jun 18Jul 03Jul 18Aug 02Aug exchange rate history for USD. Many international banks tend to keep.