CAD to PKR Rate Today
03 Jun 2023 - Today 1 CAD to PKR conversion rate is PKR 212.78 in Interbank exchange rate as an official rate by State Bank of Pakistan. Canadian Dollar to PKR buying and selling rates are different in inter bank and currency exchange or open market rates. Canadian Dollar to Pakistani Rupee has increased PKR 2.60 or 1.237% on trading in Interbank rate. Use the calculator below to convert currencies online.
What is CAD to PKR Today?
Weekly performance of CAD to PKR shows decrease in value and Pakistani Rupee is down by PKR -2.92 or -1.391%. The peak conversion exchange rate of Canadian Dollar to PKR was PKR 212.78 and lowest PKR 209.23 conversion. Monthly fluctuation during the last 30 days as follows for CAD to PKR: High PKR 218.89 and Low PKR 208.47 in value, where buying was PKR 212.28 and Selling 212.78
What factors affect the CAD to PKR exchange rate?
The CAD to PKR exchange rate is affected by several factors, including the economic conditions of both countries, interest rates, inflation rates, political stability, and global market trends. For instance, if the Canadian economy is performing well, and the Bank of Canada raises interest rates, this will strengthen the Canadian dollar and result in a higher CAD to PKR exchange rate. Similarly, if Pakistan's economy is struggling with high inflation rates and political instability, this will weaken the Pakistani rupee, resulting in a lower Canada currency to PKR exchange rate.
Other factors that can affect the CAD to PKR exchange rate include international trade and investment flows, foreign exchange reserves, and geopolitical tensions. A significant increase in Canadian exports to Pakistan, for example, would lead to an increased demand for the CAD, strengthening its exchange rate against the PKR.
Exchanging Canadian Dollar to PKR in Canada vs. Pakistan?
Exchanging CAD to PKR in Canada or Pakistan will largely depend on the purpose and duration of the transaction. If you are planning to travel to Pakistan, it is advisable to exchange Canadian Dollar to PKR in Pakistan, as it is likely to be more convenient and cost-effective.
However, if you are a Pakistani resident looking to invest in Canada, it may be more practical to exchange PKR to CAD in Pakistan before making the investment. This will allow you to have a beter understanding of the current exchange rate and any associated fees and charges.
It is also important to consider the current Canadian Dollar to PKR exchange rate, as well as any potential fluctuations, when deciding where to exchange currency. Online currency converters and market analysis can be helpful tools in making informed decisions about exchanging CAD to PKR.
Q. What is the rate of Canadian Dollar today in Pakistan?
A. Canadian Dollar rate today in Pakistan is Rs 212.78. In the last 30 days, the rate of Canadian Dollar is increased.
Q. How much is 1 Canadian Dollar to PKR today?
A. 1 Canadian Dollar equals 212.78 Pakistani rupees. However, the rate fluctuates on a regular basis. It is a reason that it is crucial for investors to remain updated with the CAD to PKR today rate.
Q. How to calculate CAD to PKR exchange rate?
A. There are different methods to calculate the CAD to PKR exchange rate. However, the simplest one is that first, you have to check the rate of one Canadian Dollar in Pakistan. In the next step, multiply the rate by the amount in currency. For example, if one Canadian Dollar is equal to 212.78 Pakistani Rupees then ten Canadian Dollar will be equivalent to RS 2127.80.
Q. How can I exchange Canadian Dollar to Pakistani rupees?
A. You can exchange Canadian Dollar into Pakistani Rupees from the money changers or currency exchange currencies. However, it is recommended to first view the latest CAD to PKR rate to not become a victim of any fraud.