Select Language:
USD to Pakistani Rupee Exchange Rate from 2010 to 2026
Historic Trends and Recent Changes in USD/PKR Exchange Rate
The US dollar-to-Pakistani Rupee (USD/PKR) exchange rate has seen significant fluctuations over the past decade and a half, impacting everything from international trade to local cost of living. Here’s a detailed look at how the dollar’s value against the rupee has evolved from 2010 through 2026:
1. Steady Rise in the Early 2010s
Between 2010 and 2013, the USD/PKR exchange rate remained relatively stable, with minor increases. In 2010, the dollar was valued at approximately $1 = 84.79 PKR, gradually climbing to around $1 = 100.86 PKR by 2013. This period was characterized by relative monetary stability, despite some inflationary pressures.
2. Sharp Increase Post-2013
Starting around 2014, the rate accelerated upward. By 2014, the dollar was worth approximately 100.08 PKR, and by 2015, it reached roughly 102.34 PKR. Over the next couple of years, the rate remained somewhat steady but showed signs of depreciation of the rupee, culminating in a notable jump in 2018 when the USD was valued at about $1 = 121.29 PKR.
3. Rapid Depreciation 2018-2022
The period between 2018 and 2022 marked a significant depreciation of the Pakistani Rupee. In 2019, the USD reached around 149.46 PKR. This trend intensified, with the rate soaring to approximately 203.98 PKR in 2022. Several factors contributed, including economic instability, political challenges, and external debt pressures.
4. The Pandemic Effect and Economic Turmoil
Global COVID-19 pandemic effects in 2020 and 2021 further destabilized the Pakistani economy, leading to the dollar’s value reaching approximately 161.24 PKR in 2020 and maintaining that level into 2021. Although the rate stabilized somewhat, the upward trajectory was evident, reflecting ongoing economic difficulties.
5. The Recent Surge and Stabilization in 2023-2025
In 2023, the USD experienced a record-high valuation at about $1 = 278.59 PKR. This marked the peak of the rupee’s decline amid ongoing inflation, currency devaluation, and external economic shocks. Interestingly, in 2024, the rate slightly decreased to roughly 277.70 PKR, signaling some stabilization efforts but still at historically high levels.
6. Current and Projected Trends for 2025-2026
As of 2025, the USD remains expensive relative to the Pakistani Rupee, with the exchange rate around $1 = 280.35 PKR. Early indications for 2026 suggest a marginal easing, with the rate estimated at approximately $1 = 279.48 PKR, pointing toward a slow stabilization process but an ongoing challenge for economic policymakers.
How These Changes Impact Daily Life and Economy
Fluctuations in the USD/PKR rate influence multiple facets of life in Pakistan:
- Imported Goods and Inflation: A weakening rupee makes imported products more expensive, fueling inflation and raising living costs.
- Remittances: For Pakistani workers overseas, a weaker rupee can mean more valuable remittances, providing some relief.
- Government Debt: Increased dollar value burdens foreign-denominated debt payments, constraining fiscal policy.
- Foreign Investment: Unstable currency rates can deter foreign investment due to increased risk.
Final Thoughts
The exchange rate between the US dollar and the Pakistani Rupee reflects ongoing economic challenges faced by Pakistan, with recent years experiencing unprecedented volatility. Efforts to stabilize the currency are crucial to fostering economic growth, attracting foreign investment, and improving the standard of living. As the situation unfolds into 2026, policymakers and citizens alike will closely watch currency trends as indicators of broader economic health.
Note: These rates are approximate averages based on official and market data, acknowledging that fluctuations occur daily and within the year.
ChatGPT
Perplexity
Gemini AI
Grok AI
