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PKR to CAD Market Data
Pakistani rupee (PKR) to Canadian dollar (CAD) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell PKR →
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1 PKR = 0.004888 CAD
1d+0.2%▲
PKR to CAD at 0.004886 is 1.3% below its 3-month average of 0.004952, having traded in a very stable 3.1% range from 0.004877 to 0.005027
Is the PKR to CAD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Pakistani rupee against the Canadian dollar is to review how the PKR/CAD rate has changed over time.
The table below shows the percentage change in the PKR to CAD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Bullish.
Key drivers:
- Canadian interest rates are steady at 2.25%, providing stability.
- The PKR is expected to depreciate against the USD due to fiscal challenges in Pakistan.
- Strong employment figures in Canada, including a significant addition of 54,000 jobs in November, support the CAD.
Near-term range: Expect slight upward movement in CAD/PKR, staying relatively stable around recent averages.
What could change it: An upside risk includes a sharp rise in oil prices boosting CAD, while a downside risk is a worsening economic outlook for Pakistan affecting the PKR.
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CAD to PKR is on a bullish trend, thanks to stable interest rates in Canada and strong job numbers. However, the PKR may weaken against the USD due to Pakistan's fiscal issues. Watch for oil price shifts as they can impact CAD significantly
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PKR to CAD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Pakistani rupee are worth in Canadian dollar across a range of amounts.
This gives a quick view of what you’d get when converting different PKR amounts at today’s rate * :