The PKR/EUR rate shows how many Pakistani Rupees are needed to buy one Euro, reflecting the relative strength of Pakistan's economy versus the Eurozone.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Days without a quotation are not interpolated: the series keeps only observations that were actually received.
Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.
Couverture du au , en UTC.
| Date UTC | Rate | Change | Nature |
|---|---|---|---|
| 0,00313141 | +0.03% | Market | |
| 0,00313056 | -0.43% | Market | |
| 0,00314423 | +0.59% | Market | |
| 0,00312579 | -0.45% | Market | |
| 0,00314 | -0.06% | Market | |
| 0,00314196 | — | Market |
The PKR/EUR currency pair represents the exchange rate between the Pakistani Rupee (PKR) and the Euro (EUR), indicating how many Rupees are required to purchase one Euro. This directed pair is commonly used by individuals and businesses involved in trade, remittances, or travel between Pakistan and the Eurozone. When the PKR/EUR rate rises, it means the Rupee has depreciated relative to the Euro, making Euro-denominated goods more expensive for Pakistani buyers.
Structural drivers of PKR/EUR include the monetary policies of the State Bank of Pakistan (SBP) and the European Central Bank (ECB). Interest rate differentials, inflation trends, and economic growth in both regions significantly influence the exchange rate. Pakistan's reliance on imports, remittances, and foreign aid, along with its current account deficit, often pressure the Rupee. In contrast, the Euro is supported by the Eurozone's large economy, trade surplus, and capital flows. Commodity prices, particularly oil, also affect Pakistan's trade balance and thus the PKR/EUR rate.
Over the past several years, the PKR/EUR has experienced periods of volatility driven by Pakistan's macroeconomic challenges, including high inflation, fiscal deficits, and external debt. The Euro has generally strengthened against the Rupee during times of global risk aversion or when Pakistan's economic fundamentals weakened. However, without specific historical data, it is important to note that the pair's movements are influenced by a complex interplay of domestic and international factors, and past performance does not guarantee future trends.
This analysis is provided for information only and is neither a forecast nor financial advice.
Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.
Displayed source: api.forex. Indicative values are used only as a visual fallback.