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The Pakistan rupee â also known as the Pakistani rupee â has served as the national currency of Islamic Republic of Pakistan since 1948. The rupee was converted from an imperial-type currency to a decimal-based currency in 1961. The Pakistan Rupee was introduced on April 1, 1948 at par with the Indian Rupee. The Pakistan Rupee was divided into 16 Annas until 1961 and 100 Paisa from 1961 on. The State Bank of Pakistan and the Pakistan Government issue banknotes.
The United States Dollar is also known as the American Dollar, and the US Dollar. The symbol for PKR can be written Rs. The symbol for USD can be written $. The Pakistan Rupee is divided into 100 paisa. The United States Dollar is divided into 100 cents. The exchange rate for the Pakistan Rupee was last updated on February 20, 2018 from The International Monetary Fund.