1 USD to PKR in 1947 – Historical Exchange Rate
1 Us dollar in PKR in 1947 was 3.31 PKR. With time the value of 1 US Dollar (USD) to the Pakistani Rupee (PKR) has fluctuated significantly over time due to economic changes, inflation, and currency policies. When Pakistan gained independence in 1947,
USD to PKR Exchange Rate Over the Years
| Year | Exchange Rate (1 USD to PKR) |
|---|---|
| 1947 | 3.31 |
| 1950 | 3.31 |
| 1955 | 3.31 |
| 1960 | 4.76 |
| 1965 | 6.70 |
| 1970 | 9.52 |
| 1975 | 9.70 |
| 1980 | 9.90 |
| 1985 | 14.70 |
| 1990 | 21.71 |
| 1995 | 33.60 |
| 2000 | 51.90 |
| 2005 | 66.60 |
| 2010 | 85.50 |
| 2015 | 117.20 |
| 2020 | 160.50 |
| 2024 | 280+ |
| 2025 | 274 Still |
Why Was the Dollar Rate Low in 1947?
- Stable Economy:
- At the time of independence, Pakistan had a relatively small economy with controlled inflation.
- Pegged Exchange Rate:
- The Pakistani Rupee was initially linked to the British Pound, which kept it stable.
- Lower Inflation:
- The cost of goods and services was significantly lower, leading to a stronger purchasing power of the rupee.
- Limited Imports and Exports:
- Pakistan’s trade was not heavily dependent on foreign currency transactions like today.
Current Impact of USD to PKR Fluctuations
Over time, due to economic challenges, political instability, and inflation, the Pakistani Rupee has depreciated against the US Dollar. Today, 1 USD is over 280 PKR, making it much more expensive for imports and foreign trade.
For the latest updates on USD to PKR exchange rates, always check the State Bank of Pakistan (SBP) or reliable financial sources.
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