AUD to PKR Currency Converter - Australian Dollar To Pakistan Rupee

1 AUD = 120.88266 PKR

1 AUD = 120.88 PKR
Your Conversion : 1 AUD = 120.88266 PKR
Reverse Conversion : 120.88266 PKR = 1 AUD

Australian Dollar Pakistan Rupee

Updated: Jun 16 2021

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Today Australian Dollar Rate to Pakistan Rupee (1 AUD to PKR) is 120.88266 PKR, all prices are updated every hour to give you the best AUD to PKR conversion. This Australian Dollar to Pakistan Rupee conversion is based on open market rates which are set by the currency exchange dealers of Pakistan. Easily find the 1 AUD buying rate and selling rate in Pakistan. You can also convert all major currencies online.

AUD TO PKR CHART & GRAPH

AUD TO PKR STATS

Last 30 days LAST 90 DAYS
High 121.5 126.5
Low 118.5 114.5
Average 120.1233 120.1378

AUD TO PKR OPEN MARKET FOREX RATES HISTORY

Date Buying Selling
16 Jun, 2021 119.50 121.50
15 Jun, 2021 119.00 121.00
14 Jun, 2021 118.00 120.00
11 Jun, 2021 119.00 121.00
10 Jun, 2021 118.00 121.00
9 Jun, 2021 119.00 121.00
8 Jun, 2021 118.00 120.50
7 Jun, 2021 118.50 121.00
5 Jun, 2021 118.10 120.60
4 Jun, 2021 118.10 120.60
3 Jun, 2021 118.00 120.50
2 Jun, 2021 118.50 121.00
31 May, 2021 118.00 120.50
29 May, 2021 117.50 120.00
27 May, 2021 119.00 121.50
AUD Conversion Rates To PKR
1 AUD To PKR2 AUD To PKR3 AUD To PKR4 AUD To PKR5 AUD To PKR6 AUD To PKR7 AUD To PKR8 AUD To PKR9 AUD To PKR10 AUD To PKR20 AUD To PKR30 AUD To PKR40 AUD To PKR50 AUD To PKR60 AUD To PKR70 AUD To PKR80 AUD To PKR90 AUD To PKR100 AUD To PKR200 AUD To PKR300 AUD To PKR400 AUD To PKR500 AUD To PKR600 AUD To PKR700 AUD To PKR800 AUD To PKR900 AUD To PKR1000 AUD To PKR

AUD to PKR

The Australian Dollar, which is also called a buck, dough, or the Aussie, is rated as the 5th most traded currency in the world. The Reserve Bank of Australia is called the central bank in Australia. Many of the Pakistani are settled in Australia either for employment or studies. There are also trade relationships among both countries. Therefore, the exchange rate among AUD and PKR is essential to consider. Let's have some deep insights into the relation of both currencies here.

History of Australian currency

In 1788, when the New South Wales, a southeastern state of Australia, was established, the English Pound became the official currency of Australia. Australians were also using the Spanish Dollar as a currency. To avoid the illegal use of the Spanish Dollar, a coin form of currency was introduced. The coin was known as ‘Holey Dollars’.

Until 1910, just before the introduction of the ‘’Australian Pound’’ as an official currency, the silver and bronze coins were used. After almost 3 years, the Australian notes replaced the coins. The present official currency of Australia is the Australian Dollar. It was officially introduced in February 1966. 

Dollars and Cents replaced the Pounds, Sterling, and Pence. To help prevent the use of fake currency, technology was used that would convert the banknotes into the polymer. In 2016, the 50th anniversary of the Australian Dollar was celebrated. The Australian Dollar is also used by many countries of the South Pacific, such as Christmas Island, Nauru, Norfolk Island, Cocos Island, and Tuvalu.

Due to the significant raw material export, the Australian Dollar is also known as a commodity currency. Therefore, the Australian Dollar is highly affected by China and other Asian import markets. The AUD is also used in carry trades with the Japanese Yen due to its high-interest rates. A strategy in which a low-interest-rate currency is sold to bu a high-interest-rate currency is called ‘’carry trade’’.

The Australian Dollar is the world’s 6th most economically stable currency. Concerning monetary strength, it is ranked on number 12. The Australian Dollar is also the 5th most exchanged currency in the world. Until 1983, the AUD had a set exchanged rate.

The maintenance of the international currency relationship was under the Bretton Woods system. It was back in 1966 when the Dollar was initially introduced. At around 1 gram of gold, the Australian Dollar was pegged to the British Pound. In 1971, the Bretton Woods system broke down. This lead Australia to convert the traditional peg to rate against the USD.

AUD and PKR

After the independence of Pakistan in 1947, Australia developed a diplomatic relation with Pakistan. Both countries share a very healthy bilateral relationship. Australia has also shown a keen interest in supporting Pakistan in addressing its security threats, economic growth, and enhancing its overall development.

A trade of approximately worth 1.83 billion Dollars was made between Pakistan and Australia in 2017. The two-way trade included the trading of goods and services. Pulses, oilseeds, fertilizers, and scrap metals have been major export items of Australia to Pakistan. However, the major export items from Pakistan are textiles and rice.

The Australian government also shows a concern for human rights conditions in Pakistan. They wished the Pakistani government to address human rights issues in Pakistan.

There is a huge Pakistani community living in Australia. A 2016 census shows that more than 61,000 Pakistani born people are living in Australia. Thousands of Pakistani born students are studying in various universities in Australia. The Australian government also offers long-term scholarships to Pakistani students.

The rate of the Australian Dollar to Pakistani rupee shows a consistent fluctuation. The Pakistani living there for purposes such as education, job, business, and others always have an eye on the exchange rate of AUD to PKR. 

AUD worths almost 120.88 more than PKR. Which means that out of 1 AUD, you can get nearly 120.88266 PKR. Though this exchange rate keeps on changing and it is becoming huge day by day. However, the growth in the exchange rate is not rapid, but it is consistent.