Pakistan Currency to Naira Currency Exchange Trends

Pakistan's currency, the rupee, has experienced significant fluctuations against the naira in recent years, with a 1 PKR being equivalent to around 12 NGN in 2022.

The exchange rate between the two currencies has been influenced by a range of factors, including economic policies and global market trends.

In 2020, the PKR to NGN exchange rate was relatively stable, with 1 PKR being equivalent to around 9 NGN.

However, the COVID-19 pandemic led to a significant decline in the value of the PKR, causing the exchange rate to drop to around 10 NGN per 1 PKR.

The exchange rate between the Nigerian Naira (NGN) and the Pakistan Rupee (PKR) is a crucial piece of information for anyone traveling or doing business between the two countries. As of January 13, 2025, the current exchange rate is 1 NGN = 0.1798 PKR.

You can easily find the latest currency exchange rates on various websites, including one that updates the rates in real-time as of 13/01/2025 20:15. This website also provides a handy conversion table and a live currency converter.

If you're looking for a specific amount, you can use the conversion rates provided in the table. For example, 100 NGN is equivalent to 17.980 PKR, while 1,000 NGN is equal to 179.80 PKR.

The exchange rate can fluctuate over time, and it's essential to check the volatility rate to understand the market trends. According to the data, the NGN to PKR exchange rate has shown a +0.05% change over the last 30 days, while the overall change over the last 90 days is +5.17%.

If you're interested in converting Pakistani Rupees to Nigerian Nairas, you can use a currency converter tool that shows you the current rate and how it has changed over the past day, week, or month.

Here's a list of conversion rates for Pakistani Rupees to Nigerian Nairas:

Over the past 10 years, the Nigerian Naira has declined by -65.81% against the Pakistan Rupee, resulting in a loss of purchasing power compared to the Pakistan Rupee.

The Nigerian Naira (NGN) has been performing relatively steadily against the Pakistani Rupee (PKR) in recent days. As of January 13, 2025, the best NGN to PKR exchange rate is 0.1798 PKR.

The NGN to PKR exchange rate has been quite stable, with a volatility of only +0.05% over the past 30 days. This means that the exchange rate hasn't changed much in the short term.

The NGN has reached a high of 0.18135 PKR in the past 30 days, which is the highest point since January 13, 2025. This is a relatively small increase, but it's still a positive sign for the Nigerian Naira.

Here are the key statistics for the NGN to PKR exchange rate over the past 30 days:

Overall, the NGN to PKR exchange rate has been relatively stable, with a slight increase in the past 30 days.

The Nigerian Naira has decreased by -0.10% year-to-date against the Pakistan Rupee. This means that the value of the Nigerian Naira has slightly dropped in relation to the Pakistan Rupee over the past 12 months.

Over the past 10 years, the Nigerian Naira has declined by a significant -65.81% against the Pakistan Rupee. This substantial decrease in value has led to a loss of purchasing power for the Nigerian Naira compared to the Pakistan Rupee over the last decade.

Here's a breakdown of the exchange rate fluctuations between the Nigerian Naira and the Pakistan Rupee over the past 30 and 90 days:

The value of some currencies is indeed impressive, and it's worth exploring why they're faring better than the Naira. The South African Rand, for instance, has maintained its strength due to the country's stable economy and robust mining industry.

In contrast, the Naira's value has been impacted by the country's reliance on oil exports, which have been volatile in recent years. The drop in global oil prices has led to a decline in Nigeria's foreign exchange earnings.

The Kenyan Shilling, on the other hand, has been buoyed by the country's growing tourism industry and strong agricultural sector. This has led to an increase in foreign exchange inflows, supporting the currency's value.

The Ghanaian Cedi has also seen a boost in value due to the country's growing economy, driven by its agriculture and mining sectors. This growth has led to increased foreign investment and a stronger currency.

The Nigerian Naira has been on a downward trend against the Pakistani Rupee in the past decade, losing -65.81% of its purchasing power. This decline has been consistent over the years.

The highest exchange rate in the last 10 years was on May 11, 2023, when each Nigerian Naira was worth 0.6398 Pakistan Rupees. This is a significant difference from the current rate.

In the last 30 days, the NGN to PKR exchange rate has reached a high of 0.18135 and a low of 0.17644, with an average rate of 0.17963. The overall change in this period was +0.05%.

The volatility in the exchange rate has been relatively low, with a +0.05% change in the last 30 days. This suggests a stable market.

Here's a summary of the high and low exchange rates in the last 30 and 90 days:

The best time to convert Nigerian Nairas to Pakistan Rupees is between 3-4 PM GMT, as currency market liquidity and trading volume tend to be the highest during this time.

You can trade NGN to PKR 24x5, starting from when markets open on Monday mornings in Sydney until they close on Fridays at 5 PM in New York.

Markets are closed on weekends, so executing a trade late in the week might result in a delayed settlement until the following week.

Converting Nigerian Nairas to Pakistan Rupees early in the week is advisable if you need PKR urgently, to avoid any potential delays.

The conversion tools available for converting Pakistani Rupees to Nigerian Nairas are numerous and convenient. You can use online currency converters like the one provided in Example 5, which offers a live currency converter, a handy conversion table, and a live chart of the exchange rate.

To get the latest exchange rate, simply visit a website like the one in Example 6, which provides the current exchange rate as of January 13, 2025, 08:15 PM UTC. The best NGN to PKR exchange rate today is 0.1798 PKR.

There are also several tables and charts available to help you convert NGN to PKR, such as the one in Example 7, which shows the exchange rate for different amounts of NGN. For example, 1 NGN is equal to 0.1799 PKR, and 100 NGN is equal to 17.99 PKR.

If you want to convert a specific amount of PKR to NGN, you can use the conversion tool in Example 8, which allows you to type in the amount you want to convert and select the currencies. The tool will then show you the current PKR to NGN rate and how it's changed over the past day, week, or month.

Here are some common conversion rates for NGN to PKR, based on the tables in Examples 2 and 7:

Overall, converting Pakistani Rupees to Nigerian Nairas is a straightforward process that can be done quickly and easily with the right tools and resources.