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How much was 1 USD to PKR in 1947 ?

How much was 1 USD to PKR in 1947 - Pakistani Currency

 This is a popular outrage these days on Social Media that how the Pakistan Rupee was equal to 1 US dollar on 14th, August 1947. Unfortunately, it is not correct. Exchanging 1 USD to PKR in 1947 would not have got you 1 Rupee exactly. In 1947 when Pakistan got its independence, there were no outside borrowings on the balance sheet of Pakistan thus the value of Pakistan Rupee was at parity with US Dollar. Since Pakistan was under British rule Rupee was pegged to British Pounds.



Dollar and Rupee were never equal, nor in 1947, neither in any other century. When Pakistan got independence in 1947, it’s currency was pegged to Pound. The exchange rate was a shilling and six-pence for a Rupee and when you convert it, it works out to be around 13.33/Pound Sterling. So at the time of Pakistan’s independence, 1 GBP to PKR was equal to 13.33 Pakistan Rupees. One British Pound in 1947 was equal to 4.03 US Dollars and comparatively, 1 USD to PKR in 1947 was equal to Rs 3.31.












Dollar to PKR last 2 week:

Tue 02/08/222nd August 20221 USD = 238.1684 PKR
Mon 01/08/221st August 20221 USD = 238.9634 PKR
Sun 31/07/2231st July 20221 USD = 239.0994 PKR
Sat 30/07/2230th July 20221 USD = 239.1074 PKR
Fri 29/07/2229th July 20221 USD = 207.0458 PKR
Thu 28/07/2228th July 20221 USD = 239.252 PKR
Wed 27/07/2227th July 20221 USD = 236.0292 PKR
Tue 26/07/2226th July 20221 USD = 232.8543 PKR
Mon 25/07/2225th July 20221 USD = 229.8054 PKR
Sun 24/07/2224th July 20221 USD = 227.305 PKR
Sat 23/07/2223rd July 20221 USD = 227.3054 PKR
Fri 22/07/2222nd July 20221 USD = 228.3701 PKR
Thu 21/07/2221st July 20221 USD = 226.6616 PKR
Wed 20/07/2220th July 20221 USD = 224.9989 PKR