XCD to PKR Currency Converter - 1 East Caribbean Dollars To Pakistan Rupee

XCD To PKR

The exchange rate is the value of one currency for the purpose of conversion to another. Most exchange rates are free-floating. The rise and fall of the exchange rate of any currency are based on the supply and demand in the market.

1 XCD is almost equal to 0 Pakistani Rupees. In the determination of exchange rates, both countries' economies play an important role. In this article, we have discussed the relationship between both currencies.

XCD

XCD is the symbol of the Eastern Caribbean Dollar. It is the official currency shared by eight Caribbean island countries. The countries include Anguilla, Antique and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. XCD is the official currency of the (OECS), Organization of Eastern Caribbean States. The XCD replaced the British West Indies in 1965. It is normally abbreviated with the Dollar sign $ or EC$. It is subdivided into 100 cents.

The United States (US) Dollar is additionally referred to as the American Dollar and, therefore, the US Dollar. As compared to the US Dollar, the XCD is a weaker currency. All countries are compared to the US Dollar to understand how strong they're. They compare their currency to the US Dollar only because the US Dollar is the strongest currency until now.

The exchange rate of the Dollar to XCD is around Eastern Caribbean Dollars. In comparison to other currencies, the XCD remains very strong.

PKR

The PKR is the currency abbreviation or currency symbol for the Pakistani Rupee, the currency of Pakistan. The currency symbol is “Rs”. It's often mentioned as Rupees, Rupaya, or Rupaye. The currency of Pakistan seems to be very bad because it definitely depends upon the financial condition of the country. Because of the unstable economy, the Pakistani Rupee does not have any strong relationship with other currencies.

As compared to the US Dollar, PKR is extremely weak thanks to unstable economic conditions. The rate of exchange of Dollars to PKR is around 166 Pakistani Rupees.

Beyond the fact that the Pakistani currency is weak, many other currencies are weaker than the Pakistani currency, i.e., the Iranian Rial.

XCD and PKR

The XCD is a stronger currency than Pakistani Rupees as 1 East Caribbean Dollar is almost equal to Pakistani Rupees.

The XCD currency that is the Eastern Caribbean Dollar, is the official currency of eight countries. So, the XCD currency depends upon the economies of these eight countries. If the economy of these countries raises, the XCD gets strong. Similarly, if the economy of these countries goes down, the currency gets weak because the currency exchange rate depends upon the economy of the country.

The Pakistani currency is getting weak day by day, thanks to the unstable economic condition and inflation. The internal politics dispute has led to the downfall of the economy of Pakistan.