Today, on , the current exchange rate for 1 CAD to PKR is in the interbank market, according to the State Bank of Pakistan.
If you have been tracking the trend in international currencies you must have guessed that the Canadian Dollar (CAD) has gathered more relevance in the Pakistani trade and remittances. The CAD to PKR rate is one of the rates worth checking every day whether you are living in Canada but sending money to your home or you are running a business dealing with imports.
Today’s CAD to PKR Exchange Rate (Updated Daily)
CAD to PKR Rate Today
| Currency | Rate |
|---|---|
| 1 CAD | Loading… |
Why the CAD to PKR Rate Keeps Fluctuating
The CAD to PKR rate fluctuates day by day, not only due to the local economy of Pakistan. Global oil prices, trade relations, and financial policies of Canada play a significant role.
Foreign reserves of Pakistan reduce or its importation bill increases, the rupee is fall against most of the currencies, such as the Canadian Dollar. On the other hand, PKR gains strength when the remittances are high or the inflation rate decreases.
The global market trends and the State Bank of Pakistan (SBP) all contribute to determining the tone of the exchange rate.
Canadian Dollar’s Trend in Pakistan
In 2019, the Canadian Dollar was equivalent to 125 PKR. Consistency of inflation, pressure of trade and devaluation of currency have increased. A single Dollar in Canada is worth about 207 PKR in the present, which means that the currency of Pakistan has weakened against the world.
In short term gains are usually experienced when the Pakistani economy is given financial help or when the Canadian currency weakens on the international trade.
What the CAD to PKR Rate Means for You
Many Pakistanis living in Canada, this exchange rate directly affects the amount of money that is sent back to their families. CAD value remittance in PKR – an achievement of international workers.
The Pakistani importers of Canadian products such as food, machinery or raw material, an appreciation of the dollar rate translates into increase in costs.
Where to Check the Live CAD to PKR Rate
If you want reliable updates, always check trusted sources for live rates:
- The State Bank of Pakistan (SBP) official exchange rate updates
- Major Pakistani banks such as HBL, UBL, and MCB
- Popular forex and financial news websites that post daily market summaries
Rates can differ slightly across platforms, so it’s wise to compare before exchanging large amounts.
FAQs
Q1: How much is 1 CAD to PKR today?
As of today, 1 CAD = PKR in the open market (subject to change).
Q2: What is the CAD to PKR open market rate today?
The current CAD to PKR open market rate is approximately PKR for selling.
Q3: How much is 50 CAD in PKR?
50 CAD equals approximately PKR today.
Q4: How much is 100 CAD in PKR?
100 CAD equals approximately PKR today.
