1 USD to PKR in 1947 to 2025: A Complete Look at the Dollar Rate Rise Over 78 Years

In 1947, when Pakistan gained independence, 1 US Dollar was equal to Rs. 3.31. At that time, the economy was relatively stable, simple, and closely tied to the British financial system. Fast forward to 2025, the US Dollar now trades at Rs. 275 to Rs. 290, reflecting the long journey of economic changes, inflation, and global financial pressures.

Historical USD to PKR Exchange Rate Overview

Year1 USD = PKR
19473.31
19503.31
19604.76
19709.52
19809.90
199021.71
200051.90
201085.50
2020160.50
2024280+
2025274–290 (as of June)

Why Was the Dollar So Cheap in 1947?

  1. Stable Economy: Pakistan had a small but balanced economy with minimal inflation.
  2. Fixed Exchange Rate: The Pakistani rupee was tied to the British Pound, which helped maintain its stability and high value.
  3. Low Cost of Living: Goods and services were very affordable.
  4. Limited Imports: The country largely relied on local production, reducing the demand for foreign currencies.

Why Has the Rupee Lost Value in 2025?

  1. Rapidly rising: prices have made everyday essentials much more expensive.
  2. External Debt: Pakistan owes billions to global lenders like the IMF and World Bank.
  3. Heavy Imports: Large import bills for oil, food, and machinery increase dollar demand.
  4. Political Instability: Uncertainty discourages investment and weakens currency confidence.
  5. Trade Imbalance: More spending on imports than earnings from exports leads to currency depreciation.

Population Growth and Economic Pressure

  • 1947: Approx. 30 million people
  • 2025: Over 240 million people

A rapidly growing population increases the demand for energy, jobs, education, and health services—placing massive pressure on national resources and the economy.

How to Check the Latest Dollar Rate in Pakistan?

For real-time USD to PKR exchange rates:

  • State Bank of Pakistan: www.sbp.org.pk
  • Financial Portals: XE.com, Bloomberg, Trading Economics
  • Apps: Forex, JazzCash, EasyPaisa, or any trusted money exchange app

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