Cost of living in Spain – Single, family & student
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The Pakistani Rupee (PKR) is the official currency of Pakistan, issued by the State Bank of Pakistan (SBP). Introduced in 1947 after independence, the rupee is divided into 100 paise, though paise coins are rarely used. Pakistani banknotes feature Muhammad Ali Jinnah and key national landmarks. The rupee’s exchange rate is affected by inflation, trade deficits, and foreign remittances. Pakistan's economy is diverse, with major sectors including textiles, agriculture, and IT, but it remains heavily reliant on IMF assistance and foreign trade.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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