The official money used in Pakistan is called the Pakistani Rupee (PKR). It’s managed by the State Bank of Pakistan and has the symbols Rp or Rs. This currency is divided into 100 paise. You can find it in different amounts, including coins of 1, 5, and 10, and banknotes of 10, 20, 50, 100, 500, 1,000, and 5,000 PKR.
The value of the Pakistani rupee compared to the U.S. dollar has gone up and down over time. For example, on January 25, 2023, $1 U.S. was about equal to 231 PKR. But the rupee has also shown strength, becoming the best-performing currency at times. As of November 12, 2023, it last traded at 286.96 PKR for one U.S. dollar. How well the rupee does is connected to things like inflation and how exchange rates change.