Pakistani Rupee

Pakistani Rupee

The Pakistani rupee (Urdu: روپیہ‬‎ / ALA-LC: Rūpiyah; sign: ₨; code: PKR) is the currency of Pakistan. The issuance of the currency is controlled by the State Bank of Pakistan, the central bank of the country. The most commonly used symbol for the rupee is Rs, used on receipts when purchasing goods and services. In Pakistan, the rupee is also spelled as "rupees", "rupaya" or "rupaye". As standard in Pakistani English, large values of rupees are counted in terms of thousands; lakh (100,000); crore (10 million); arab (1 billion); kharab (100 billion).

Euro

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents. The currency is also officially used by the institutions of the European Union and its territories, four other European countries, as well as unilaterally by two others, and is consequently used daily by some 343 million Europeans as of 2018. Outside Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 290 million people worldwide as of 2018 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 it had completely replaced the former currencies. While the euro dropped subsequently to US$0.83 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.60 on 18 July 2008. In late 2009, the euro became immersed in the European sovereign-debt crisis, which led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising and strengthing the currency.

157 Pakistani Rupee to Euro exchange rates chart

157 PKR to EUR exchange rates graph
157 PKR to EUR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

157 PKR to EUR exchange rates table

Exchange PKR to EUR
157 Pakistani Rupee = 0.997 Euro
314 Pakistani Rupee = 1.995 Euro
785 Pakistani Rupee = 4.987 Euro
1570 Pakistani Rupee = 9.975 Euro
Exchange Pakistani Rupee to Euro
157 Pakistani Rupee to Euro Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best PKR/EUR rate at CEN-CHANGE in Paris

157 PKR to EUR exchange rates at CEN-CHANGE in Paris
157 Pakistani Rupee = 82.849 Euro
CEN-CHANGE
CEN-CHANGE

Currency Exchange Office in Paris : CEN Change. Buying and Selling Currencies at the Best Rate Euro Dollars Pounds Yen...Founded in 1892, Change-Est-Nord is one of the oldest money exchange offices in Paris Currency Exchange Services Exchange Currency Rates Currency Exchange Booking Currency Exchange Contact Contact & Information Contact us for all currency exchange information, buying and selling currencies, Our service is comprised of excellent exchange rates and fantastic customer service....

Best PKR/EUR rate at Wall Street Exchange Company in Karachi

157 PKR to EUR exchange rates at Wall Street Exchange Company in Karachi
157 Pakistani Rupee = 0.996 Euro
Wall Street Exchange Company
Wall Street Exchange Company

Wall Street Exchange Company (PVT) Limited was registered and incorporated as Private Limited Company with Securities & Exchange Commission of Pakistan on July 14th 2003. The Company was granted license by the State Bank of Pakistan on August 28, 2003 and commenced its operations in December 2003, as per the guidelines laid down by the Central Bank of the Country. From a steady start in 2003 /4, the Company has now covered a big ground, and can easily be rated as the front line & leading...

Best PKR/EUR rate at Paragon Exchange in Lahore

157 PKR to EUR exchange rates at Paragon Exchange in Lahore
157 Pakistani Rupee = 1.019 Euro
Paragon Exchange
Paragon Exchange

Paragon Exchange Private Limited is in the business of Currency Exchange, since May 2011. Focusing our slogan “We Deliver Happiness” Paragon Exchange has join hands with Western Union FSI GmbH as an agent for Inward Remittances business in Pakistan. Parex is serving a broad customer base by its country wide branches network. “Paragon Exchange Private Limited”, is registered as a private limited company with Securities & Exchange Commission of Pakistan under the Companies Ordinance 1984, and...

Best PKR/EUR rate at AA Exchange in Islamabad

157 PKR to EUR exchange rates at AA Exchange in Islamabad
157 Pakistani Rupee = 0.995 Euro
AA Exchange
AA Exchange

We deal in all types of foreign currency in our outlets across Pakistan. Our currency exchange rates are always competitive and up to date and we offer the greatest advantage to our customers in their currency exchange transactions. We provide our currency exchange services to all Corporate and Executives clients as well as other customers that need to exchange money. Whether for personal use or for investment in foreign currency. AA Exchange offers specialized services with no extra fee and...

157 PKR to EUR exchange rates news

Is Pakistan on the way to living without the IMF?

Pakistan is perhaps the only country in South Asia with a history of repeated engagements with the IMF – 21 loan agreements since 1959. The last (...)

indicative negative
Further depreciation in Pakistani rupee to pose short-term challenges: Moody's - Business

Moody's explained that the PKR depreciated around 5% against the USD.

conditional negative
Bumpy ride: Bruised Euro-zone economy stumbles on after 2018 beating

Germany’s supposed powerhouse economy contracted over the summer, and Italy is not only shrinking but also reviving memories of the regional debt crisis.

indicative negative
Polish political leader rejects converting to euro currency

The leader of Poland's ruling party has spoken against the conversion to the European Union's currency, the euro

imperative neutral
Euro Drops Vs Most Majors Ahead Of German Industrial Production

BRUSSELS (Alliance News) - At 2:00 am ET Friday, Destatis will release German industrial ...

conditional positive
Euro Paper Talk: Pogba the bait as Man Utd look to entice Italy playmaker

Manchester United are making ambitious plans to offer Paul Pogba in exchange for a €120m-rated Italy star, while a Liverpool target has admitted he could be ready to move on, according to Tuesday's European papers.

conditional neutral

157 PKR to EUR currency converter