The latest on Australian dollar to Pakistani rupee rates
To learn more about the history of the Pakistani rupee and its relationship with the Aussie dollar, keep reading below.
Exchange rates last updated Friday, 14 August 2020 11:07:49 AM AEST. The online exchange rates provided by this Currency Converter are intended as a guide only and should not be used for transactional purposes. All rates are subject to change from time to time without notice. Exchange rates used in-store may differ from those offered online. The Travelex online buy rate will be used for conversions from a foreign currency to the local currency. The Travelex online sell rate will be used for conversions from the local currency to a foreign currency.
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: Last month
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 6 months
Travelex Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 12 months
How to see Travelex historical rates
If you would like to see Travelex historical rates, please select one of the currencies
The lowdown on the Pakistani rupee
Translated as ‘’wrought silver, a coin of silver’’, the rupee was first introduced in India during Sher Shah Suri’s reign between 1540 and 1545, including in the regions that now make up modern-day Pakistan.
The Pakistani rupee is still a relatively young currency and only began circulating in 1948 after the dissolution of the British Raj in 1947 saw India gain independence and simultaneously split into India and Pakistan. Much like the Indian rupee, the currency was initially divided into 16 annas, before being decimalised and subdivided into 100 pice in 1961.
The pice was quickly renamed to the English version of paise the same year, however, they have not been issued since 1994. Today, you will find the Pakistani rupee available in various coins, and in note format in denominations of 10, 20, 50, 100, 500 and 1,000, as well as the rarer 5,000 note, which debuted in 2006.
To this day, each banknote bears the image of the Muhammad Ali Jinnah, who was an influential politician, lawyer, and of the founder of Pakistan.
Historic Australian dollar to Pakistani rupee rates
The decade since 2007 has seen highs and lows as far as the Australian dollar exchange rate against the Pakistani rupee is concerned. While the rate remained relatively stable between 2016 and 2017, rolling between 78.82 and 74.97, this plateau is a large drop since hitting a peak of 103.71 in April 2013.
Unsurprisingly, the all-time low hit in 2008, when implications of the global economic crisis saw the exchange rate dip down to 47.46 in April.
*The information contained in this article has been compiled by Travelex from different external sources. The figures provided are indicative only and are there to provide an idea of the amount of travel money you may need during your trip. Travelex does not ensure the accuracy and completeness of the information shown. Nothing in this article is to be considered financial advice. Travelex Limited does not accept any liability for any loss or damage derived from any reliance on the information in this article. Travelex Limited (ABN 36 004 179 953, AFSL Number 222444) arranges for and sells Online Foreign Currency via its Online Ordering Facility. You should consider the Online Foreign Currency Product Disclosure Statement and Terms and Conditions before deciding whether to acquire the product.