Pakistani Currency vs. Asian Currencies

[Cyberian]

Pakistani Currency vs. Asian Currencies
Wednesday March 20, 2013

Turkey = 1,818,018 Lira
Vietnam = 20,913 Dong
Iran = 12,283 Rial
Indonesia = 9,720 Rupiah
Laos = 7,838 Kip
Cambodia = 3,985 Riel
Uzbekistan = 2,032 Som
Lebanon = 1,504 Pound
Mongolia = 1,393 Tughrik
Iraq = 1,159 Dinar
South Korea = 1,115 Won
Myanmar = 882 Kyat
Kazakhstan = 151 Tenge
Armenia = 414 Dram
Yemen = 215 Rial
Sri Lanka = 127 Rupee
Pakistan = 98 Rupee
Japan = 96 Yen
Nepal = 87 Rupee
Bangladesh = 78 Taka
Syria = 71 Pound
India = 54 Rupee
Afghanistan = 53 Afghani

XE Currency Converter - Live Rates


Salaam to all the Muslims,



I've used the above website to get the rates against US$1 for today and I've only listed those currencies that are above the 50 mark.

Salaam to all the Muslims.

 

[qamar1990]

afghanistan is better then us? now im worried

 

[Yogi]

stupid assessment Japanese Yen is nearly equivalent to PKR in Dollar terms, does that mean Japanese Economy = Pak Economy???
No.

A weak currency may turn into a blessing for export oriented economies like Japan n SK but will prove to a disaster for Pak...

 

[Luftwaffe]

afghanistan is better then us? now im worried

US-NATO-Afghan Illegal Drugs sales boost.

Pakistan needs to do what China did artificially valued its currency.

 

[Skallagrim]

Exchange rate says nothing about how an economy is performing. More important is at what rate a currency is devaluing. Up until a few years ago Pak Rupee had been stronger than BD Taka, something like 1 Rupee = 1.5 BDT.

 

[MST]

Pakistan needs to do what China did artificially valued its currency.

Are you sure that Pakistan can do what China has been doing? I am all ears to hear from Vice Chairman of TT how Pakistan can achieve this?

Considering the facts here that China has trillions of dollars of foreign reserves and one of the largest gold stocks in the world. And the fact that China has the problem in reverse that it is artificially keeping its currency weak while you are talking about increasing the value of PKR.

US-NATO-Afghan Illegal Drugs sales boost.

You got to be kidding me . Didn't expect this kind of comment from a TT that too a Vice chairman. I think all you know is US-Nato-Afhan illigal drug without knowing the ACB of economics.

 

[Edevelop]

Never understood this. Pakistan currency is loosing value but stock market is gaining points

 

[Skull and Bones]

Never understood this. Pakistan currency is loosing value but stock market is gaining points

Very easy to understand, very less foreign participation in Pakistani stocks, and the one holding them aren't on selling frenzy. Just wait for an appropriate time for this bubble to go burst.

 

[Rusty]

those numbers mean nothing.
For example, there is no sub units of Yen, so you can say that 1 yen is like 1 cent. While Pakistani rupee has paisa, which is the subset of it.

Also raw numbers don't indicate development, size of economy, cost of living, etc.

 

[MandarK]

Turkey, Indonesia??

 

[neehar]

stupid assessment Japanese Yen is nearly equivalent to PKR in Dollar terms, does that mean Japanese Economy = Pak Economy???
No.

A weak currency may turn into a blessing for export oriented economies like Japan n SK but will prove to a disaster for Pak...

ur right however thay also have to maintain imports to sustain their economy given their industrial situation.not to mention important things like fuels..so unless they use this to their advantage things are going to get worse

US-NATO-Afghan Illegal Drugs sales boost.

Pakistan needs to do what China did artificially valued its currency.

u sure??because china bought 1/4th of us bonds to devalue their currency,,can u??besides its an advantage for their manufacturing sector..it'll benefit ur economy too iff ur exports are revived.

Exchange rate says nothing about how an economy is performing. More important is at what rate a currency is devaluing. Up until a few years ago Pak Rupee had been stronger than BD Taka, something like 1 Rupee = 1.5 BDT.

infact it does..exchage rates are directly affected by the trade deficit..if u export more than ur imports then ur currency improves if its otherwise it decreases

 

[qamar1990]

Very easy to understand, very less foreign participation in Pakistani stocks, and the one holding them aren't on selling frenzy. Just wait for an appropriate time for this bubble to go burst.

the bubble isnt bursting anytime soon its just guna keep going up. once pakistanis buy stuf they wont sell it unless they make a profit. they aint dumb like whites who start selling everything soon as a stock goes down a few points

 

[Skull and Bones]

the bubble isnt bursting anytime soon its just guna keep going up. once pakistanis buy stuf they wont sell it unless they make a profit. they aint dumb like whites who start selling everything soon as a stock goes down a few points

And where from will Pakistanis borrow money endlessly? Everything has a end, nothing goes up through eternity. And yeah, there are many dumb whites who became billionaires by just trading in the market, how many does Pakistan got?

 

[Rizwan Alam]

afghanistan is better then us? now im worried

A decade old news

Even not true about Turkish Lira.

 

[INDIAISM]

the bubble isnt bursting anytime soon its just guna keep going up. once pakistanis buy stuf they wont sell it unless they make a profit. they aint dumb like whites who start selling everything soon as a stock goes down a few points

Ever heard of the word Stop Loss....Sometimes selling at right time saves you from going complete Bankrupt....