As of December 17, 2024, the exchange rate between the South African Rand (ZAR) and the Pakistani Rupee (PKR) stands at approximately 1 ZAR = 15.55 PKR.
South African Rand to Pakistani Rupees today rate
| Date | Exchange Rate (1 ZAR to PKR) |
|---|---|
| Dec 17, 2024 | 15.55 |
| Dec 16, 2024 | 15.55 |
| Dec 15, 2024 | 15.53 |
| Dec 14, 2024 | 15.54 |
| Dec 13, 2024 | 15.56 |
Source: Wise Currency Converter
Recent Trends
Over the past week, the ZAR/PKR exchange rate has shown relative stability, with minor fluctuations:
- High: 15.6983 PKR on December 12, 2024
- Low: 15.2704 PKR on December 13, 2024
- Average: 15.4259 PKR
Historical Context
Examining the exchange rate over the past six months reveals:
- Highest Rate: 16.2551 PKR on September 30, 2024
- Lowest Rate: 15.0103 PKR on July 3, 2024
- Average Rate: 15.5562 PKR
Factors Influencing the Exchange Rate
Several factors contribute to the fluctuations in the ZAR/PKR exchange rate:
- Economic Indicators: Economic performance indicators such as GDP growth, inflation rates, and employment figures in both South Africa and Pakistan can impact the exchange rate.
- Political Stability: Political events and stability in either country can lead to increased volatility in the exchange rate.
- Global Market Dynamics: Changes in global commodity prices, especially those relevant to South Africa’s export economy, can influence the value of the Rand.
FAQs
1. What is the current exchange rate between the South African Rand and the Pakistani Rupee?
As of December 17, 2024, 1 South African Rand equals approximately 15.55 Pakistani Rupees.
2. How has the ZAR to PKR exchange rate changed over the past week?
Over the past week, the exchange rate has remained relatively stable, with minor fluctuations between 15.27 PKR and 15.70 PKR per 1 ZAR.
3. What factors influence the ZAR/PKR exchange rate?
The exchange rate is influenced by economic indicators, political stability, and global market dynamics affecting both South Africa and Pakistan.
4. Where can I find the most up-to-date exchange rates?
For the latest exchange rates, you can refer to financial websites such as Wise Currency Converter or consult financial news sources.
Please note that exchange rates are subject to change due to market conditions. It’s advisable to check the latest rates before making any currency exchanges or financial decisions.
