USD to PKR History
Check the US Dollar to Pakistani Rupee history summary. This is the USD to PKR History 1947 to 2023 exchange rate history page, detailing 78 years of US and Pakistan historical data from 1947 to 2023.
Currently the dollar rates have become very expensive in Pakistan; Check today's USD to PKR rate. Everyone in Pakistan has been stunned by the rising US dollar exchange rate. In early August, after the IMF announced that the country had satisfied the last condition for the release of $1.1 billion in bailout funds—an increase in the petroleum development levy—the Pakistani rupee began to recover slightly from its record low of 240 per USD. This was after the country had reached a record low of 240 in July. However, the question arises if the dollar was always that much higher in history as well.
Following the dissolution of the British Raj, India split into two separate states. Both countries initially utilised coins and currency notes with a stamp from the government of Pakistan. Later, in 1948, Pakistan's state bank began issuing new banknotes. Despite the fact that the US dollar has a long history and a solid foundation, 1 USD and 1 PKR were not equal in 1947. However it is observed that economist consider 1 USD and PKR was 3.31 Pakistani Rupees. It was perhaps the lowest exchange rate in the history of the USD and PKR. 1 USD to PKR in 1947 history to 2023 faced huge fluctuation especially the current year have proved the PKR devalued against USD.
One of the best-performing currencies globally is the US dollar. In international trade between Pakistan and the rest of the globe, it is a common currency. Over the past 20 years, there has been a significant increase in the dollar's value relative to the Pakistani rupee.
There are several reasons why the value of the dollar relative to the Pakistani rupee is fluctuating frequently in past. If we look into the USD to PKR history for the past 20 years, the value of the dollar has been steadily rising in the Pakistani market. Look at the graph below to see how the dollar rate has increased steadily but significantly.
USD to PKR History 1947 to 2023
- 1 USD to PKR in 1947: 1 USD=3.31 PKR.
- 1948 1 USD=3.31 PKR.
- 1949 1 USD=3.31 PKR.
- 1950 1 USD=3.31 PKR.
- 1951 1 USD=3.31 PKR.
- 1952 1 USD=3.31 PKR.
- 1953 1 USD=3.31 PKR.
- 1954 1 USD=3.31 PKR.
- 1955 1 USD=3.91 PKR.
- 1956 1 USD=4.76 PKR.
- 1957 1 USD=4.76 PKR.
- 1958 1 USD=4.76 PKR.
- 1959 1 USD=4.76 PKR.
- 1960 1 USD=4.76 PKR.
- 1961 1 USD=4.76 PKR.
- 1962 1 USD=4.76 PKR.
- 1961 1 USD=4.76 PKR.
- 1962 1 USD=4.76 PKR.
- 1963 1 USD=4.76 PKR.
- 1964 1 USD=4.76 PKR.
- 1965 1 USD=4.76 PKR.
- 1966 1 USD=4.76 PKR.
- 1967 1 USD=4.76 PKR.
- 1968 1 USD=4.76 PKR.
- 1969 1 USD=4.76 PKR.
- 1970 1 USD=4.76 PKR.
- 1971 1 USD=4.76 PKR.
- 1972 1 USD=11.01 PKR.
- 1973 1 USD=9.99 PKR.
- 1974 1 USD=9.99 PKR.
- 1975 1 USD=9.99 PKR.
- 1976 1 USD=9.99 PKR.
- 1977 1 USD=9.99 PKR.
- 1978 1 USD=9.99 PKR.
- 1979 1 USD=9.99 PKR.
- 1980 1 USD=9.99 PKR.
- 1981 1 USD=9.99 PKR.
- 1982 1 USD=11.85 PKR.
- 1983 1 USD=13.12 PKR.
- 1984 1 USD=14.05 PKR.
- 1985 1 USD=15.93 PKR.
- 1986 1 USD=16.65 PKR.
- 1987 1 USD=17.4 PKR.
- 1988 1 USD=18 PKR.
- 1989 1 USD=20.54 PKR.
- 1990 1 USD=21.71 PKR.
- 1991 1 USD=23.8 PKR.
- 1992 1 USD=25.08 PKR.
- 1993 1 USD=28.11 PKR.
- 1994 1 USD=30.57 PKR.
- 1995 1 USD=31.64 PKR.
- 1996 1 USD=36.08 PKR.
- 1997 1 USD=41.11 PKR.
- 1998 1 USD=45.05 PKR.
- 1999 1 USD=51.90 PKR.
- 2000 1 USD=51.90 PKR.
- 2001 1 USD=63.5 PKR.
- 2002 1 USD=60.5 PKR.
- 2003 1 USD=57.75 PKR.
- 2004 1 USD=57.8 PKR.
- 2005 1 USD=59.7 PKR.
- 2006 1 USD=60.4 PKR.
- 2007 1 USD=60.83 PKR.
- 2008 1 USD=81.1 PKR.
- 2009 1 USD=84.1 PKR.
- 2010 1 USD=85.75 PKR.
- 2011 1 USD=88.6 PKR.
- 2012 1 USD=96.5 PKR.
- 2013 1 USD=107.2 PKR.
- 2014 1 USD=103 PKR.
- 2015 1 USD=105.20 PKR.
- 2016 1 USD=104.6 PKR.
- 2017 1 USD=110.01 PKR.
- Dollar to PKR in 2018
- 2019 1 USD=163.75 PKR.
- 2020 1 USD=168.88 PKR.
- 2021 1 USD=179.16 PKR.
- 2022 1 USD=225.40 PKR.
- 2023 1 USD=278 PKR (March).
In Saudi arabia Dollar is Still almost 3.47 Saudi Rayal Since almost 1948 after Israil came in Existence and Saudi Gvt and American Gvt signed the contract the SAR will never sell its Oil other then USD and in response USD will remain 3.47 and no country can buy in other then USD.
But Imran Khan Stands against it and almost signed a contract with Russia to buy the oil and Gas from Russia in Pak Rupees and in Response any trade with Pakistan Russia can pay in Russian Currency.
That's the Main reason for Regime Change and Corrupt PDM Puppets were indulge again in Pakistan Politics and what happening we are facing the Dollar Price more then Rs.300.
- By: Waqas, Lahore
- on Tue 12 Sep, 2023
It was a great time in 1947 to 1981
- By: Abdul Rehman, Sialkot Punjab
- on Tue 06 Jun, 2023
on that time USD was cheap but now!
- By: Ashif Khan, Mumbai
- on Thu 26 Jan, 2023
Actually just think about the beginning of Pakistan,that time such great leaders are there, and now
- By: Saad Ahmad, Gilgit Baltistan
- on Sun 25 Dec, 2022
Actually just think about the beginning of Pakistan,that time such great leaders are there, and now
- By: Saad Ahmad, Gilgit Baltistan
- on Sun 25 Dec, 2022
So heart wrenching
- By: Aiman, Abbottabad
- on Wed 14 Dec, 2022
The dollar was so low in 1997?
- By: Sunena, Karachi
- on Fri 11 Nov, 2022
when i sale our dollar in future usd rate will increase or decrease. kindly tell me
- By: Shahzeb Khan, Islamabad
- on Sun 06 Nov, 2022
This is best page for knowledge of USD to PKR history 1947 to 2022.
- By: Aryan Khan, Karachi
- on Thu 03 Nov, 2022
Disclaimer:
All information on this page are taken from third party reliable sources of relevant industry channels, with simple aim just for general information for our users. Hamariweb never endorse or recommend for any trading advice as well as accuracy of data provided here.