XPF to PKR Currency Converter - Comptoirs Francais du Pacifique Francs To Pakistan Rupee

XPF to PKR

The exchange rate of XPF to PKR is around 0 Rupees. Economic conditions play a vital role in the exchange rate of currencies. The exchange rate fluctuates because of several reasons such as supply and demand, interest rate, the balance of payment (BOP), economic growth, and inflation rate. The relationship between both currencies is given below.

XPF

The currency code XPF is denoted as Central Pacific Franc (CFP). Franc is the currency used collectively in four French overseas, namely, French Polynesia, New Caledonia, Wallis, and Futuna. Because this currency is used in the Pacific region, it is also known as Franc Pacifique. The currency denominations are 500, 1,000, 5,000 and 10,000 increments. Later this currency was changed into Pacific Financial Community. Now it is also known as the French Pacific Banking Agreement.

As economic conditions are very important for exchange rates. The French Polynesia economy is far better than Pakistan's. French Polynesia economy revived with tourism activities. It ultimately leads to stronger currency positioning. The GDP of French Polynesia is good because it is supported by tourism, import, and export. These factors help in economic sustainability. The currency ranking shows that the most frequent exchange rate of XPF Franc is with Euro. One XPF is equal to around Euros.

PKR

The PKR is denoted as Pakistani Rupees. The PKR is the official currency of Pakistan. The State Bank of Pakistan that is the Central Bank controls the issuance of currency in Pakistan. There are different pronunciations of Pakistani currency as “ Rupees”, “Rupaiya”, “Rupaya”. The symbol for the Pakistani Rupee is “Rs”. The banknotes for PKR are ₨ 10, ₨ 20, ₨ 50, ₨ 100, ₨ 500, ₨ 1000, and Rs 5000. The PKR frequently used coins are Rs 1, Rs 2, Rs 5, and Rs 10. 

However, as we all know, the economic conditions of Pakistan are not going well. The Pakistani currency is becoming weaker day by day as compared to other currencies in the world. The currency devaluation has made Pakistan in a state of loss with no substitute economic policies available. Pakistan heavily depends upon the import of goods and services. However, there should be more emphasis on the export of the country. So, the country could make its economic conditions better.

XPF AND PKR

However, Pakistan is fighting against a weak economy. But still, Pakistan is considered to be a great market with promising opportunities available in abundance. On the other hand, French Polynesia is better in position and is a developed country as compared to Pakistan.

We could find this if we take an example that 1000 XPF that is equal to around 0 PKR. It means that French Polynesia has a stable economy with a lower inflation rate. Therefore, it would be beneficial for both countries to promote common values jointly. By sending encouraging signals, both countries can build strong relationships with each other. It could be done through different investments, import, export, businesses like joint ventures or mergers, etc.