The ZAR to PKR Exchange Rate
The exchange rate between the South African Rand (ZAR) and the Pakistani Rupee (PKR) is crucial for trade, investment, and travel. As of today, the exchange rate is 1 ZAR = 15.13 PKR (Wise).
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Historical Trends and Current Status
- 30-Day High: 15.55 PKR
- 30-Day Low: 14.70 PKR
- 90-Day Average: 14.98 PKR
Factors Influencing the Exchange Rate
- Economic Indicators: GDP growth, inflation rates, and interest rates in both countries.
- Political Stability: Political events affecting investor confidence.
- Global Commodity Prices: As a major exporter, fluctuations in prices affect the Rand.
- Trade Balance: Affects currency strength.
Impact on South Africans
- Travel Costs: A weaker Rand means more expensive travel to Pakistan.
- Import Costs: Imported goods from Pakistan become costlier.
- Investment: Currency fluctuations impact returns on Pakistani investments.
Conclusion
Understanding the ZAR to PKR exchange rate is essential for making informed financial decisions. Regularly updated sources such as Wise provide real-time exchange rates and insights.
For more information, visit the Wise Currency Converter
Also read: 1 ZAR to EUR: South African Rand to Euro Exchange Rate