1 USD TO PKR IN 1947Historical Dollar Exchange Rate in Pakistan
With the US dollar trading at PKR 283.35 today, let’s travel back to 1947 when 1 USD cost just PKR 3.31! This massive jump shows how Pakistan’s economy and currency have evolved over 78 years. From independence to today’s globalized world, the dollar’s value reflects economic shifts, inflation, and global events.
USD to PKR Exchange Rates: 1947 to 2025
Below is a table of major yearly USD to PKR exchange rates, showing key milestones in Pakistan’s economic history:
| Year | USD to PKR Rate | Key Event |
|---|---|---|
| 1947 | 3.31 | Pakistan’s independence; rupee tied to British pound. |
| 1955 | 4.76 | First devaluation to boost exports. |
| 1966 | 4.76 | Stable rate despite economic challenges. |
| 1972 | 9.90 | Devaluation post-Bangladesh separation; rupee floated. |
| 1982 | 12.85 | Shift to managed float system. |
| 1990 | 21.71 | Economic reforms and liberalization begin. |
| 2000 | 51.90 | Political instability and global sanctions impact. |
| 2008 | 70.65 | Global financial crisis hits Pakistan. |
| 2009 | 83.50 | Sharp devaluation due to economic strain. |
| 2018 | 138.00 | IMF bailout and rupee depreciation. |
| 2020 | 160.10 | COVID-19 pandemic affects economy. |
| 2023 | 286.58 | Record high amid political and economic crises. |
| 2025 | 283.35 | Current rate, stable but down 0.12% from last week. |
Historical Context: Why the Dollar Rate Mattered in 1947
- Post-Partition Economy: Pakistan inherited a debt-free balance sheet, with the rupee pegged to the British pound, keeping the dollar rate steady at PKR 3.31.
- Limited Dollar Use: Most trade was in rupees or pounds; dollars were used for international aid or imports like machinery.
- Global Influence: The Bretton Woods Agreement (1944) tied currencies to the USD, which was pegged to gold ($35/ounce), stabilizing Pakistan’s early exchange rate.
- Economic Challenges: By the 1950s, foreign aid and loans increased, leading to the first devaluation in 1955 (1 USD = PKR 4.76).
What’s Next?
The dollar’s journey from PKR 3.31 in 1947 to PKR 283.35 in 2025 reflects Pakistan’s economic ups and downs. With remittances driving $30 billion yearly and inflation at 8.7%, understanding past rates helps Pakistanis make smart financial choices. Whether for travel, education, or savings, the dollar remains key .
thanks for Give me Informed about the dollar 💵 rate in pkr from 1947.
Perfect 👍 stayed blessed الحمدللہ رب العالمین سبحن اللّٰہ وبحمدہ سبحن اللّٰہ العظیم علیہ افضل الصلاوات صلی اللّٰہ علیہ وسلم 🪖🇵🇰🕋🇶🇦🇧🇭🇮🇷🇯🇴🇹🇷🇨🇳🫀🕊️🪽🇴🇲🇧🇩🇦🇿🇲🇷🇱🇧🇷🇺🇧🇷🇳🇵 فیلڈ مارشل حافظ عاصم منیر 🇵🇰🪖 الباکستان ھمیشہ پائندہ آباد
I was in my mind that its should be find out the rates of dollar over the past history of Pakistan. Thank you so much.
Informative economy ups n down & free reasons for inflation.
Saeed Shah
Karachi
یا اللّٰہ اس ملک کا یہ حال جس بھی بیغیرت کی وجہ سے ہوا ہے اسے اور اس کی نسلوں کو نیست و نابود کر دے اُن سب کو نشانِ عبرت بنا اور ہمارے وطن کو دن دگنی رات چوگنی ترقی عطا فرما اس ارض پاک کی حفاظت فرما آمین ثم آمین یا رب العالمین
Aameen. The corrupt government and their handlers have ruined our country and its economy. I keep thinking and wonder how we can get rid of the corrupt government and high ranking army generals
Ameen
امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین امین
Pakistan will raise again insha’Allah..in all aspects
No hope if this regime remains
Thanks about this important information
Rule of law has broken down in the banana republic. Dollar hike is one important manifestation of it.
😊
“May ALLAH give success to Pakistan”
Ameen!
Informative article.
Time zone has also impact on dollar from Rs. 3/- to Rs 283/- in addition to economic shift, inflation and global trend. Salary of an average Pakistani used to be around Rs. 120/- per month in 1947 and now it is around Rs. 100,000/-.
Yes mismanagement of economy of Pakistan has also have bad impact on dollar.