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).

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

174 Pakistani Rupee to British Pound exchange rates chart

174 PKR to GBP exchange rates graph
174 PKR to GBP 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.

174 PKR to GBP exchange rates table

Exchange PKR to GBP
174 Pakistani Rupee = 0.997 British Pound
348 Pakistani Rupee = 1.994 British Pound
870 Pakistani Rupee = 4.984 British Pound
1740 Pakistani Rupee = 9.968 British Pound
Exchange Pakistani Rupee to British Pound
174 Pakistani Rupee to British Pound 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/GBP rate at Wall Street Exchange Company in Karachi

174 PKR to GBP exchange rates at Wall Street Exchange Company in Karachi
174 Pakistani Rupee = 0.999 British Pound
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/GBP rate at Paragon Exchange in Lahore

174 PKR to GBP exchange rates at Paragon Exchange in Lahore
174 Pakistani Rupee = 1.002 British Pound
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/GBP rate at AA Exchange in Islamabad

174 PKR to GBP exchange rates at AA Exchange in Islamabad
174 Pakistani Rupee = 1.006 British Pound
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...

174 PKR to GBP exchange rates news

IMF: Pakistan Submits Request for Emergency Lending

Prime Minister Kahn says the country needs $12 billion in short term help

conditional neutral
FX reserves diminished by $98mn

Foreign exchange reserves held by the central bank continues to show downward trend for the 11th consecutive week as they knock down 1.26 per cent on a weekly basis,

indicative negative
How Many Chinese Yuans Do We Need Anyway?
How Many Chinese Yuans Do We Need Anyway?

Every few months there is chatter regarding how Pakistan and China can trade with each other in either Yuan (CNY), or Pakistani Rupee (PKR), while ditching the U.S. Dollar in the process. Recent visit

conditional neutral
Pakistan opposition takes prime minister to task over IMF deal

KARACHI, Pakistan: Questioning the government’s lack of perspicacity to avoid “painful economic decisions,” Pakistan’s opposition said on Monday that it was shocked at Prime Minister Imran Khan’s inability to avert a crisis, if any.   “We have serious questions about this kind of strategy, where just the daily dithering has not just paralyzed the economy and precipitously

conditional negative
Asia stocks tumble after US rout; Tokyo down 3%

SYDNEY (BLOOMBERG) - Asian stocks tumbled at the open on Tuesday (Nov 13), with Japanese benchmarks sliding more than 3 per cent, following a tech-led slump on Wall Street overnight thanks to a deteriorating outlook for iPhone sales.. Read more at straitstimes.com.

indicative positive
Currency traders betting on a Brexit deal are having a rough time
Currency traders betting on a Brexit deal are having a rough time

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders who believe a Brexit deal, which would likely give sterling a massive boost, could be near.

conditional negative
Great British pound slides in value amid renewed Brexit worries
Great British pound slides in value amid renewed Brexit worries

The Great British pound has slid in value against the US dollar amid renewed worries surrounding the ongoing issue of Brexit.

conditional neutral
British Pound Jumps As Barnier Says Brexit Treaty Text "Almost Ready"

Reporting to EU27 Ministers today after late night talks, Michel Barnier, the EU’s Chief Negotiator says “the parameters of a possible agreement are very largely defined”

conditional neutral

174 PKR to GBP currency converter