MUR to PKR Currency Converter - 1 Mauritius Rupees To Pakistan Rupee
1 MUR = 4.6073136 PKR
1 MUR = 4.61 PKR
Your Conversion : 1 MUR = 4.6073136 PKR
Reverse Conversion : 4.6073136 PKR = 1 MUR
Mauritius Rupees Pakistan Rupee
Updated: May 25 2022
Today Mauritius Rupees Rate to Pakistan Rupee (1 MUR to PKR) is 4.6073136 PKR, all prices are updated every hour to give you the best MUR to PKR conversion. This Mauritius Rupees to Pakistan Rupee conversion is based on open market rates which are set by the currency exchange dealers of Pakistan. Easily find the 1 MUR buying rate and selling rate in Pakistan. You can also convert all major currencies online.
MUR TO PKR CHART & GRAPH
MUR TO PKR STATS
|Last 30 days||LAST 90 DAYS|
MUR TO PKR INTERNATIONAL FOREX RATES HISTORY
|25 May, 2022||4.63|
|24 May, 2022||4.60|
|23 May, 2022||4.60|
|22 May, 2022||4.60|
|21 May, 2022||4.62|
|20 May, 2022||4.55|
|19 May, 2022||4.55|
|18 May, 2022||4.49|
|17 May, 2022||4.42|
|16 May, 2022||4.48|
|15 May, 2022||4.48|
|14 May, 2022||4.42|
|13 May, 2022||4.42|
|12 May, 2022||4.38|
|11 May, 2022||4.39|
MUR to PKR
The exchange rate for Mauritian Rupee MUR to Pakistani Rupee PKR is around 4.6073136. This exchange rate depicts that the Mauritian currency is stronger than that of Pakistan. It is because of the strong economy of Mauritius. Let's discuss in detail the relation and variation between MUR to PKR here.
The MUR stands for Mauritian Rupee. This currency is used in Mauritius. One Mauritian Rupee is made up of 100 cents. The central bank of Mauritius that is “The Bank of Mauritius” is responsible for currency regulation in the country. Although, through the process of dirty floating, the central bank of Mauritius has managed to increase the value of MUR currency with respect to other currencies.
Dirty floating is a method of changing the country's currency value in relation to other currencies. This method is controlled by the central bank to make sure that it extends to a particular range. To create stability in the value of the currency, the country's reserves are used.
The Rupee specification is carried by several countries like India, Pakistan, Indonesia, Nepal, and Mauritius is one of them. World Bank data states that Mauritius' income-generating factors are its diversified economy, including tourism, textile, and sugar. However, tourism is an excellent source of income and a contributing factor for Mauritius. The main motive of Mauritius' government is to enhance productivity, competitiveness, and job creation so that the currency can build a stronger image in the international platform.
The PKR stands for Pakistani Rupee. The PKR is the currency of Pakistan. Pakistani Rupee exchange rates are very fluctuating with relation to other countries but especially against US Dollars. The main reason behind this is economic instability. Hence, the reasons behind economic instability are connected with each other. The economic growth in Pakistan has slowed down since 2019. It is further declined in 2020 because of the outbreak of the COVID-19 pandemic. As the industrial sector and investments of the countries slowed down, imports also fell down. And this ultimately leads towards a weaker currency with a higher inflation rate.
The COVID- 19 pandemics has also affected the tax collection activity in the country. Lately, the incomes of the taxpayers were not as frequent as they used to be. It directly affected the country’s economy. However, the main pillar of Pakistan's economy is the agricultural sector. It contributes about 22% in the Gross Domestic Product (GDP) of the country. The major crops are fruits, rice, wheat, tobacco, and vegetables. These crops help in extending the exports of the country. But due to the pandemic, imports and exports have been restricted this year particularly.
MUR and PKR
However, both nations share a strong relationship with each other. In terms of economic relations, Pakistan is always there for Mauritius. Pakistan helps Mauritius in various fields, including dental, medical, surgery, and engineering. Pakistan and Mauritius trading relations were built-in in 1969. But since 2017, Pakistan's exports are not up to the mark with Mauritius. By detailed analysis, the trading platform for Pakistan and Mauritius can be improved. Mauritius is known for its beaches, which enhance tourism as well. Pakistan should also take into consideration its coasts and ancient historical culture to promote tourism with Mauritius.