NZD to PKR Currency Converter - 1 New zealand Dollars To Pakistan Rupee

1 NZD = 123.45313 PKR

1 NZD = 123.45 PKR
Your Conversion : 1 NZD = 123.45313 PKR
Reverse Conversion : 123.45313 PKR = 1 NZD

New zealand Dollars Pakistan Rupee

Updated: Oct 19 2021

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Today New zealand Dollars Rate to Pakistan Rupee (1 NZD to PKR) is 123.45313 PKR, all prices are updated every hour to give you the best NZD to PKR conversion. This New zealand Dollars to Pakistan Rupee conversion is based on open market rates which are set by the currency exchange dealers of Pakistan. Easily find the 1 NZD buying rate and selling rate in Pakistan. You can also convert all major currencies online.

NZD TO PKR CHART & GRAPH

NZD TO PKR STATS

Last 30 days LAST 90 DAYS
High 97.15 97.15
Low 96.95 96.95
Average 97.0133 97.0039

NZD TO PKR OPEN MARKET FOREX RATES HISTORY

Date Buying Selling
19 Oct, 2021 96.45 97.15
18 Oct, 2021 96.45 97.15
17 Oct, 2021 96.45 97.15
16 Oct, 2021 96.45 97.15
15 Oct, 2021 96.45 97.15
14 Oct, 2021 96.35 97.05
13 Oct, 2021 96.35 97.05
12 Oct, 2021 96.35 97.05
11 Oct, 2021 96.35 97.05
10 Oct, 2021 96.35 97.05
9 Oct, 2021 96.35 97.05
8 Oct, 2021 96.35 97.05
7 Oct, 2021 96.35 97.05
6 Oct, 2021 96.30 97.00
5 Oct, 2021 96.30 97.00

NZD to PKR

Trade is the most crucial factor which increases or decreases the exchange rate of a currency. Trade and currency have a direct relationship with each other. If the trade is rising, the economy gets stability. If the export of a country is decreasing, the economy moves down.

Exports are the key to make currency grow. If the economy is weak, imports become costly, and the price of materials becomes high. Public live hand to mouth life at high prices. Exports provide a chance to make a competition in the international market and lift the currency value.

Here, in this article, we will discuss how NZD varies as per PKR and what are the factors that affect this relationship.

PKR

The official currency of Pakistan is PKR. Since 1948 State Bank Of Pakistan regulates the currency. PKR consists of coins of 1, 2, 5, and 10 Rupees. It has banknotes of 10, 20, 50, 100, 500, 1000, and 5000. The highest value note is Rs 5000.

Pakistan has a stable currency in central Asia due to its geological significance. PKR became more progressive due to the China Pakistan Economic Corridor (CPEC). Employment in Pakistan is also increased due to CPEC.

The indicators of increasing currency value are employment opportunities. The public feels free to invest and demands in lower level investment options. A stable currency makes the nation powerful and self-dependent. The rate of unemployment decreases with prosperity.

Pakistan has annual exports of approximately $22.505 billion. Pakistan is an agricultural country. Most of the exports of Pakistan belong to agriculture. Export industries are textile, petroleum, chemicals, leather, sports items, and pharmaceuticals. Pakistan has export relations with the United States, the United Kingdom, the United Arab Emirates, and many other countries.

NZD

 NZD is the New Zealand Dollar. It is written as $. To differentiate it from the other Dollars, it is written as NZ$. Commonly NZD is known as the Kiwi Dollar or Kiwi. The Reserve Bank of New Zealand deals with the currency.

The New Zealand Dollar was 1st introduced in 1967. To avoid confusion with the other dollar government decided to convert it in decimals. In 1964, the currency decimal act was passed. Words like kiwi, zeal, and fern were used at the start. The Dollar word was placed at the end.

In the beginning, coins of 1c, 2c, 5c, 10c, 20c, and 50c were introduced to the public. Notes of 1$, 2$, 5$, 10$, 20$, and 100$ were published in 1967. In 1983 note of 50$ was introduced. In 1992 a new series of notes was introduced. All currency notes were re-structured in 2016.

New Zealand has a highly developed economy. It has an annual export of $86.426 billion. New Zealand's biggest export partner in Australia as it is situated near to it. Other trade partners include China, the United States, Japan. Exporting products of New Zealand are fruits, machinery, equipment, dairy products, meat, wood items, and seafood.

NZD and PKR

One New Zealand Dollar is equal to around 123.45313 PKR. The value of a currency depends upon its demands for employment, political, social, and security. Rates describe New Zealand has a strong economy than Pakistan.

If we take an example of 5,000 NZD salary, it seems to be a low amount. But, when we convert it into PKR, we will get around 617265.65 Rupees. On the other hand, if someone has a salary of 5,000 Rupees, it is of no value.