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base info Portal (IOU)

Portal (IOU) to Pakistani Rupee Converter and calculator

Convert 1Portal (IOU) (PORTAL) to Pakistani Rupee (PKR) equals ₨ 0 | Bitget
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PORTAL
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PKR
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Portal (IOU)(PORTAL) to Pakistani Rupee(PKR). This is the real-time data. The current conversion shows 1 PORTAL at a value of 1 PORTAL for 0 PKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Portal (IOU) currency pair is the PORTAL to PKR, with for Portal (IOU)'s currency code being PORTAL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

PORTAL to PKR conversion rate trend

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In the past 1D, Portal (IOU) has changed -3.02% to PKR. Based on the trend and price charts, Portal (IOU)(PORTAL) has changed -3.02% to PKR while Pakistani Rupee(PKR) has changed % to PORTAL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨0
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/24 20:27:19(UTC+0)

How to buy Portal (IOU)

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Use a variety of payment options to buy Portal (IOU) on Bitget. We'll show you how.

What factors influence the conversion rate of Portal (IOU) to Pakistani Rupee?

Portal (IOU) to Pakistani Rupee is falling this week.
Portal (IOU)'s current market price is ₨ 0 per PORTAL, with a total market cap of ₨ 0 PKR based on a circulating supply of -- PORTAL. The trading volume of Portal (IOU) has changed by -2.22% (₨ -788,219.45 PKR) in the last 24 hours. Last trading day, PORTAL's trading volume was ₨ 35,486,198.85.
Market cap
$0
24h volume
$124.59K
Circulating supply
0 PORTAL

Conversion tables

The exchange rate of Portal (IOU) is decreasing.
1 PORTAL is currently valued at ₨ 0 PKR , which means buying 5 PORTAL will cost ₨ 0 PKR . Similarly, ₨1 PKR can be traded for Infinity PORTAL, and ₨50 PKR can be converted to Infinity PORTAL, excluding any platform or gas fees.
The exchange rate of 1 PORTAL to Pakistani Rupee has changed by -17.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.02%, reaching a high of 475.43 PKR and a low of 446.6 PKR . One month ago, the value of 1 PORTAL was ₨ 180.22 PKR , which represents a -28.58% change from its current value. Over the last year, Portal (IOU) has changed by
+
171.79PKR
, resulting in a change of 0.00% in its value.

PORTAL to PKR

Amount
20:27 today
0.5 PORTAL
0
1 PORTAL
0
5 PORTAL
0
10 PORTAL
0
50 PORTAL
0
100 PORTAL
0
500 PORTAL
0
1000 PORTAL
0

PKR to PORTAL

Amount20:27 today
0.5PKRInfinity  PORTAL
1PKRInfinity  PORTAL
5PKRInfinity  PORTAL
10PKRInfinity  PORTAL
50PKRInfinity  PORTAL
100PKRInfinity  PORTAL
500PKRInfinity  PORTAL
1000PKRInfinity  PORTAL
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Today vs. 24 hours ago

Amount20:27 today24 hours ago24h change
0.5 PORTAL$0.00$0.02520
-3.02%
1 PORTAL$0.00$0.05039
-3.02%
5 PORTAL$0.00$0.2520
-3.02%
10 PORTAL$0.00$0.5039
-3.02%
50 PORTAL$0.00$2.52
-3.02%
100 PORTAL$0.00$5.04
-3.02%
500 PORTAL$0.00$25.2
-3.02%
1000 PORTAL$0.00$50.39
-3.02%

Today vs. 1 month ago

Amount20:27 today1 month ago1M change
0.5 PORTAL$0.00$0.3236
-28.58%
1 PORTAL$0.00$0.6471
-28.58%
5 PORTAL$0.00$3.24
-28.58%
10 PORTAL$0.00$6.47
-28.58%
50 PORTAL$0.00$32.36
-28.58%
100 PORTAL$0.00$64.71
-28.58%
500 PORTAL$0.00$323.56
-28.58%
1000 PORTAL$0.00$647.12
-28.58%
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Today vs. 1 year ago

Amount20:27 today1 year ago1Y change
0.5 PORTAL$0.00$-0.8084
0.00%
1 PORTAL$0.00$-1.6168
0.00%
5 PORTAL$0.00$-8.08412
0.00%
10 PORTAL$0.00$-16.1682
0.00%
50 PORTAL$0.00$-80.8412
0.00%
100 PORTAL$0.00$-161.6823
0.00%
500 PORTAL$0.00$-808.4116
0.00%
1000 PORTAL$0.00$-1616.8231
0.00%

Portal (IOU) price prediction

What will the price of PORTAL be in 2025?

Based on PORTAL's historical price performance prediction model, the price of PORTAL is projected to reach -- in 2025.

What will the price of PORTAL be in 2030?

In 2030, the PORTAL price is expected to rise by +9.00%. By the end of 2030, the PORTAL price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy Portal (IOU) for 1 PKR
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FAQ

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