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base info Injective

Injective to Pakistani Rupee Converter and calculator

Convert 1Injective (INJ) to Pakistani Rupee (PKR) equals ₨ 6,817.16 | Bitget

PKR information

About the Pakistani Rupee (PKR)

What Is the Pakistani Rupee (PKR)?

The Pakistani Rupee, with the ISO code PKR, is the official currency of the Islamic Republic of Pakistan. It was officially adopted in 1949, taking over from the Indian Rupee post-partition. The currency is symbolized as Rs and is subdivided into 100 paise, although paise coins are no longer in active circulation. The Pakistani Rupee is the sole legal tender in Pakistan, and it is used for all transactions within the country.

The Pakistani Rupee is issued by the State Bank of Pakistan, which is the central bank of the country. The State Bank of Pakistan is responsible for the regulation and control of the currency, including its issuance, distribution, and monetary policy management. This role includes ensuring the stability of the currency, managing Pakistan's foreign exchange reserves, and overseeing the country's banking system

What Is the History of PKR?

The term "Rupee" is derived from the Sanskrit word "Rūpya," meaning a coin of silver. The Pakistani Rupee has its roots in the currency introduced by Sher Shah Suri in the 16th century. It was officially adopted in 1949, following the partition of British India and the creation of Pakistan. Before this, the currency in circulation was the Indian Rupee, issued and controlled by the Reserve Bank of India.

Notes and Coins of PKR

The first coins in Pakistan were introduced in 1948 in various denominations, ranging from 1 pice to 1 rupee. Over the years, the coinage has evolved, with the latest additions being the Rs. 5 and Rs. 10 coins. Banknotes have also seen significant changes, with the current series featuring denominations from Rs. 5 to Rs. 5,000. These notes are distinct in their color and size, with larger denominations being longer. All banknotes feature a portrait of Muhammad Ali Jinnah on the obverse.

Economic Significance and Exchange Rate

The Pakistani Rupee is a fiat currency, meaning its value isn't backed by physical commodities but by the government's declaration. Historically, the rupee was pegged to the British pound and later operated under a managed float system. This shift led to significant devaluation in the 1980s, impacting the import of raw materials and the broader economy.

In recent years, the PKR has faced challenges, including a sharp devaluation in 2021 due to political instability and economic pressures. However, as of late 2023, it has shown signs of recovery, becoming one of the best-performing currencies against the US dollar.

Do Pakistan and India use the same currency?

No, Pakistan and India do not use the same currency. Pakistan uses the Pakistani Rupee (PKR), while India uses the Indian Rupee (INR). Although both currencies share a common historical origin and are both named "rupee," they are distinct and separate currencies managed by their respective countries. The Pakistani Rupee is managed by the State Bank of Pakistan, and the Indian Rupee is managed by the Reserve Bank of India. The two currencies have different values and are not interchangeable.

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Bitget crypto-to-fiat exchange data shows that the most popular Injective currency pair is the INJ to PKR, with for Injective's currency code being INJ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

INJ to PKR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed -7.26% to PKR. Based on the trend and price charts, Injective(INJ) has changed -7.26% to PKR while Pakistani Rupee(PKR) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨6,748.2
0.0001% / 0.0004%vip-iconVIP
Binance
₨6,750.23
0.1000% / 0.1000%
Yes
OKX
₨6,747.45
0.080% / 0.100%
Yes
Huobi
₨6,765.55
0.1000% / 0.1000%
Yes
Gate.io
₨6,749.68
0.1000% / 0.1000%
Yes
Bybit
₨6,748.29
0.1000% / 0.1000%
Yes
KuCoin
₨6,746.34
0.1000% / 0.1000%
Yes
Bitfinex
₨6,831.41
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 13:00:28(UTC+0)

What factors influence the conversion rate of Injective to Pakistani Rupee?

Injective to Pakistani Rupee is falling this week.
Injective's current market price is ₨ 6,817.16 per INJ, with a total market cap of ₨ 636,722,792,134.68 PKR based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by +3.72% (₨ 2,186,017,108.31 PKR) in the last 24 hours. Last trading day, INJ's trading volume was ₨ 58,789,186,432.49.
Market cap
$2.29B
24h volume
$219.32M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at ₨ 6,817.16 PKR , which means buying 5 INJ will cost ₨ 34,085.8 PKR . Similarly, ₨1 PKR can be traded for 0.0001467 INJ, and ₨50 PKR can be converted to 0.007334 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Pakistani Rupee has changed by -28.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.26%, reaching a high of 7,449.1 PKR and a low of 6,523.15 PKR . One month ago, the value of 1 INJ was ₨ 11,710.56 PKR , which represents a -41.79% change from its current value. Over the last year, Injective has changed by
+
1,410.5PKR
, resulting in a change of +159.55% in its value.

INJ to PKR

Amount
13:35 today
0.5 INJ
3,408.58
1 INJ
6,817.16
5 INJ
34,085.8
10 INJ
68,171.6
50 INJ
340,858.02
100 INJ
681,716.05
500 INJ
3,408,580.23
1000 INJ
6,817,160.45

PKR to INJ

Amount13:35 today
0.5PKR0.{4}7334  INJ
1PKR0.0001467  INJ
5PKR0.0007334  INJ
10PKR0.001467  INJ
50PKR0.007334  INJ
100PKR0.01467  INJ
500PKR0.07334  INJ
1000PKR0.1467  INJ
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Today vs. 24 hours ago

Amount13:35 today24 hours ago24h change
0.5 INJ$12.26$13.22
-7.26%
1 INJ$24.52$26.44
-7.26%
5 INJ$122.6$132.2
-7.26%
10 INJ$245.21$264.4
-7.26%
50 INJ$1,226.04$1,321.99
-7.26%
100 INJ$2,452.07$2,643.98
-7.26%
500 INJ$12,260.37$13,219.89
-7.26%
1000 INJ$24,520.73$26,439.78
-7.26%

Today vs. 1 month ago

Amount13:35 today1 month ago1M change
0.5 INJ$12.26$21.06
-41.79%
1 INJ$24.52$42.12
-41.79%
5 INJ$122.6$210.61
-41.79%
10 INJ$245.21$421.22
-41.79%
50 INJ$1,226.04$2,106.09
-41.79%
100 INJ$2,452.07$4,212.19
-41.79%
500 INJ$12,260.37$21,060.93
-41.79%
1000 INJ$24,520.73$42,121.86
-41.79%

Today vs. 1 year ago

Amount13:35 today1 year ago1Y change
0.5 INJ$12.26$4.72
+159.55%
1 INJ$24.52$9.45
+159.55%
5 INJ$122.6$47.24
+159.55%
10 INJ$245.21$94.47
+159.55%
50 INJ$1,226.04$472.36
+159.55%
100 INJ$2,452.07$944.73
+159.55%
500 INJ$12,260.37$4,723.63
+159.55%
1000 INJ$24,520.73$9,447.27
+159.55%

FAQ

This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.