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Pakistani Rupee (PKR) Live Exchange Rate & Remittance Guide
PKR · ₨ · State Bank of Pakistan (SBP)
1 USD =
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About the Pakistani Rupee
The Pakistani Rupee was adopted at independence in 1947. Pakistan has faced recurring currency crises, with the rupee depreciating significantly over the decades due to inflation, fiscal deficits, and balance of payments pressures.
Why PKR matters for remittance
Pakistan is among the world's top 10 remittance recipients. Overseas Pakistanis, particularly in the Gulf, UK, and USA, sent over $27 billion in 2023. Remittances are a critical foreign exchange lifeline for the economy.
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Live rates fetched from Wise's public comparison API. For currency conversion mid-rates we display Wise's quoted rate, which has zero markup. Methodology.