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Currency 1 PKR in PKR
American Dollar 0.0125392 79.7498
Argentine Peso 0.044454 22.4951
Australian Dollar 0.0189746 52.7021
Botswana Pula 0.0995176 10.0485
Brazilian Real 0.0284922 35.0973
British Pound 0.00864583 115.663
Brunei dollar 0.0189079 52.888
Bulgarian Lev 0.0191252 52.2871
Canadian Dollar 0.0154825 64.5889
Chilean Peso 7.25117 0.137909
Chinese Yuan 0.0856867 11.6704
Colombian Peso 31.495 0.0317511
Croatian Kuna 0.0727095 13.7534
Danish Krone 0.0728747 13.7222
Estonian Kroon 0.153004 6.5358
Euro 0.0097787 102.263
Hong Kong Dollar 0.0972109 10.2869
Hungarian Forint 2.9162 0.342913
Iceland Krona 1.42504 0.701733
Indian Rupee 0.607208 1.64688
Israeli New Shekel 0.0506662 19.737
Japanese Yen 1.14988 0.869659
Kazakhstani Tenge 1.86069 0.537434
Kuwaiti Dinar 0.00363261 275.284
Latvian Lat 0.00691451 144.623
Libyan Dinar 0.0242304 41.2705
Lithuanian Litas 0.0337638 29.6175
Malaysian Ringgit 0.0451981 22.1248
Maltese Lira 0.0374541 26.6993
Mexican Peso 0.179875 5.55941
Nepalese Rupee 0.979313 1.02112
New Zealand Dollar 0.0237866 42.0404
Norwegian Kroner 0.0852604 11.7288
Omani Rial 0.00482133 207.412
Qatari Rial 0.0456427 21.9093
Romanian Leu 0.0420533 23.7794
Russian Ruble 0.43456 2.30118
Saudi Riyal 0.0470221 21.2666
Singapore Dollar 0.0189061 52.8929
South African Rand 0.125016 7.99899
South Korean Won 17.6145 0.0567715
Sri Lanka Rupee 1.43027 0.699167
Swedish Krona 0.105077 9.51684
Swiss Franc 0.0146005 68.4906
Taiwan Dollar 0.42689 2.34252
Thai Baht 0.439817 2.27367
Trinidad Dollar 0.0734685 13.6113
Turkish Lira 0.0206624 48.3972
Venezuelan Bolivar 0.0269257 37.1392
Currency Name 1 USD =
U.A.E. Dirham 3.672492
Argentine Peso 3.167963
Bahrain Dinar 0.375999
Brazilian Real 2.260016
Canadian Dollar 1.243299
Chilean Peso 593.017455
Colombian Peso 2,520.059814
Czech Koruna 22.285002
Euro 0.779848
Hungarian Forint 231.329922
Israeli New Sheqel 4.045001
Iranian Rial 9,561.453507
Japanese Yen 90.999738
Kuwaiti Dinar 0.289700
Libyan Dinar 1.295771
Mauritian Rupee 33.311160
Malaysian Ringgit 3.615990
Nepalese Rupee 78.100168
Omani Rial 0.384499
Polish Zloty 3.594901
Saudi Arabian Riyal 3.750002
Singapore Dollar 1.507896
Thai Baht 35.150910
U.S. Dollar 1.000000
South African Rand 9.964997
The currency in the Philippines is the Philippine peso (or piso), divided into 100 centavos (or centimo). Currently (January 2002), the U.S. dollar is worth about 52 pesos, and the euro about 46 pesos. Current are coins of 1, 5, 10, and 25 centavos and 1 and 5 pesos, and bank notes of 5, 10, 20, 50, 100, 200, 500 and 1000 pesos. The 5 peso note is no longer printed, but still legal tender. The coins can be seen on a separate page.
A few years ago, all old Philippine currency was replaced by new banknotes and coins, which are now the only ones valid. Older notes cannot be used anymore. If you are interested in what the old notes looked like, just have a look at our old Philippine money page
The name for the Indonesia Rupiah was adopted from the Indian form of currency, the Rupee. Prior to the Rupiah, Indonesia used the Dutch guilder from 1610 to 1817, when the Dutch East Indies guilder was introduced. The Rupiah was first introduced during the World War II Japanese occupation. Following the end of the war, the Java Bank briefly issued its own Java Rupiah as a replacement.
Preceding their independence, the Indonesian Rupiah was introduced on November 2, 1949 as the new national currency. The Riau islands and the Indonesian half of New Guinea (Irian Barat) had their own variants of the Rupiah, but these were incorporated into the national Rupiah in 1964 and 1971. Devalued by inflation, in 1965 the New Rupiah was introduced at a rate of 1000 old Rupiah to one new Rupiah.
More recently, the Asian economic crisis of 1997-1998 depreciated the Rupiah's value by 35% in a matter of one night and was a major factor in the overthrow of President Suharto's government. The Rupiah had traded at about 2000-3000 Rupiah per 1 US dollar, but reached a low of 16,800 Rupiah per dollar in June 1998.
The Rupiah is a freely convertible currency, but remains plagued by high inflation. As of early June 2005, 1 US dollar is worth approximately 9,560 Rupiah.
The official currency of Pakistan is the rupee (PKR). One rupee consists of 100 paise (singular = paisa). When Pakistan began printing its own currency in 1948, they used Indian currency with "Pakistan" stamped on it for the first few months until enough of the Pakistani notes were in circulation. Until 1961, the rupee was divided into 16 Annas before being changed to 100 paise. From the time of the rupee's introduction until the turn of the 21 st century, it steadily declined in value against the U.S. dollar. Then, Pakistan's large current-account surplus drove up the value of the rupee until the government lowered interest rates and bought dollars to stabilize the currencies value and maintain its export competitiveness
The Indian Rupee is the original official currency of India. The English translation of "Rupee" is "silver," and the name exists because it was previously a silver coin. This very fact had severe consequences in the 19th century, when the strongest economies in the world were on the gold standard. The discovery of vast quantities of silver in the U.S. and various European colonies resulted in a decline in the relative value of silver to gold. Suddenly, the standard currency of India could not buy as much from the outside world. Such circumstances led to what is now referred to as "the fall of the Rupee."
During the period 1950-1951 until mid-December 1973, India followed an exchange rate regime with the Rupee linked to the Pound Sterling, except for the devaluations in 1966 and 1971. When the Pound Sterling floated on June 23, 1972, the Rupee's link to the British unit was maintained-thus, paralleling the Pound's depreciation and de facto devaluation.
In 1975, the Rupee's ties to the Pound Sterling were disengaged. India established a float exchange regime, with the Rupee's effective rate placed on a controlled, floating basis and linked to a "basket of currencies" of India's major trading partners. More recently, the Indian Rupee has been depreciating in step formation, but roughly in line with the fall in its Purchasing Power Parity since the early 1980s. While the PPP was 15 around 1982, the actual exchange rate was 9.30 per US dollar. After the devaluation, the Rupee underwent the change from a controlled regime to a "Managed" or "Dirty" float regime, where the market supposedly determines the exchange rate. In mid 2005, the actual rate was near 43.60
Country Currency 1 euro =
Austria ATS 13.7603
Belgium BEF 40.3399
Finland FIM 5.94573
France FRF 6.55957
Germany DEM 1.95583
Greece GRD 340.750
Ireland IEP 0.787564
Italy ITL 1936.27
Luxembourg LUF 40.3399
Netherlands NLG 2.20371
Spain ESP 166.386
Portugal PTE 200.482
On January 1, 1999, eleven European countries have replaced their national currencies and introduced a single European currency, the euro. Today (December 2001) the euro is the official currency in 12 countries. Bills and coins of the national currencies will remain in circulation as subdenominations of the euro until January 1, 2002, when they will be exchanged against new euro coins and bills. However, all inter-bank commerce and stock exchange trade is now denominated in the official currency. This information page provides basic information about the new currency and the process through which European monetary union has been achieved.
The official currency of Egypt (Egyptian Pound) was pegged to the US dollar until 2000. Because of the severe economic crisis in Egypt the central bank was forced to devalue the EGP. While still trying to maintain a so-called managed peg to the dollar, the capital outflows from the country at last forced the central bank to let the EGP float almost freely in 2003. From 2000 to 2003 the EGP depreciated by almost 50 percent and is now traded at approximately 6.2 EGP per dollar.
1 Pound = 100 Piastres = 1000 Milliemes
The Chinese Yuan, denoted by CNY, is the official currency in China. Yuan in Chinese literally means a "round object" or "round coin" and is thus considered the base unit of a currency (for example, U.S. dollar is Mei yuan). From an international perspective, Yuan as an English word refers to the Renminbi (RMB¥, CN$).
When pronounced correctly, the word "yuan" should sound like the English word "wren". One yuan is divided into 10 jiao or mao. One mao is divided into 10 fen. In Cantonese, jiao and fen are called ho and sin.
The renminbi is the legal tender in mainland China and is issued by the People's Bank of China, the monetary authority of the People's Republic of China. Although the official ISO code is CNY, the currency is also commonly abbreviated "RMB."
China's currency was once tightly pegged at 8.28 renminbi to one US dollar, making one yuan worth about twelve cents, and one jiao (or ten fen) worth about one cent. However, on July 21, 2005, China ended its decade old peg to the dollar to let the yuan fluctuate versus a basket of currencies
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Since 1994, inflation has been maintained at civilized levels (2003, consumer prices rose by about 8%; in 2005, the inflation target is around 6%), and the Brazilian citizens had the chance, for the first time in a long period, to get accostumed to a stable currency.
There are bills of R$1, R$2, R$5, R$10, R$20, R$50 and R$100; click here to look at the bills. Formerly, the bills were illustrated with images of Historic characters; problem was, however, that the high inflation caused the bills to loose value too fast, and what was supposed to be a hommage turned into a mockery. Nowadays, the bills are illustrated with images of Brazilian animals (the feminine character on one side of all bills is a representation of the Republic).
Our Finnish Euro sets are in stock for immediate delivery. On new year's day 2002, Finland, like the other 11 members of the Eurozone, started using Euro notes and Euro coins for cash transactions. Within a few months, the old coins and banknotes in Markaas have been withdrawn. We have uncirculated sets of Euro coins from each of the twelve member countries available in stock now and are accepting orders for immediate delivery. Finland chose three designs based upon motifs similar to those used on national coins.
The dollar, denoted by BND, is the official currency of Brunei. As Singapore is one of Brunei's major trading partners, the BND is pegged to the Singapore dollar at a 1:1 ratio. The Brunei dollar is also known as "ringgit" locally in Malay, and this can be seen printed on the banknote itself. Polymer banknotes of the currency were introduced in 2004, due to high cases of banknote forgery
1 Brunei dollar = 0.66313 U.S. dollars
On new year's day 2002, Belgium, like the other 11 members of the Eurozone, started using Euro notes and Euro coins for cash transactions. Within a few months, the old coins and banknotes in Franks have been withdrawn. We have uncirculated sets of Euro coins from each of the twelve member countries available in stock now and are accepting orders for immediate delivery.
The Hong Kong dollar has been previously linked to the Pound Sterling. In 1971, the Hong Kong dollar was then pegged to the US dollar with a fluctuation limit, after the Sterling area was liquidated. This regime was later changed into a controlled, floating basis, then returning once again to being pegged to the US dollar again in 1983. The purpose for adopting this peg was to prevent the Hong Kong dollar from collapsing amidst a political row between China and the United Kingdom over the future of the city. Ever since 1983, H.K. has adopted a Currency Board Arrangement to fix the exchange rate at HK$7.8 per US dollar.
The Hong Kong Dollar operates under a currency board system. A prerequisite for a bank to be able to issue the Hong Kong dollar is that it must have the equivalent exchange in US dollars on deposit. This system ensures that Hong Kong's entire monetary base is backed with US dollars at the linked exchange rate. The resources for this backing are kept in Hong Kong's Exchange Fund, which is among the largest official reserves in the world.
As of 2005, in addition to a lower guaranteed limit, a new upper guaranteed limit was set for the Hong Kong dollar at HK$7.75 to the USD. The lower limit was lowered from 7.80 to 7.85 in five weeks, by 100 pips each week. The move was made to narrow the gap between the interest rates in Hong Kong and those of the United States. A further aim of allowing the Hong Kong dollar to trade in a range is to avoid the Hong Kong dollar being used as a proxy for speculative bets on a Yuan revaluation.
The Canadian dollar rallied sharply against the US Dollar through recent trade, as the US Federal Reserve's aggressive interest rate cuts left the Canadian currency at a clear advantage against its US namesake. The Canadian Dollar currently enjoys a 1.25 percent yield advantage against the Greenback-a fact that has bolstered demand in the otherwise-downtrodden Loonie. In terms of expectations, however, traders predict that the Canadian currency will lose the vast majority of this yield advantage through 2009.
Combined with a bearish outlook for Canadian exports, negative Bank of Canada rate expectations leave a pessimistic fundamental bias for the Canadian Dollar. Oil prices near multi-year lows have likewise played a part in Loonie weakness, and few envision that major commodity markets will improve substantially through 2009. As the most export-dependent economy in the G10, Canada may be one of the countries most affected by a drop in global consumption. This leaves the Canadian dollar in a precarious position, and outlook remains bearish for the Loonie through the foreseeable futur
The Bahamian dollar, often denoted by BSD, is the official currency of the Bahamas. The BSD is pegged to the U.S. dollar (one to one). The Bahamas attained self-government in 1964 and then full independence from Great Britain in 1973.
The Australian dollar, denoted by AUD or A$, is the official currency of the Commonwealth of Australia (including the Australian Antarctic Territory, Christmas Island, Cocos Islands, Heard Island and Mc Donald Islands as well as the independent Pacific island states of Kiribati, Nauru and Tuvalu). The AUD is sometimes called the "Aussie" and locally, the "Pacific Peso."
The AUD is the sixth most traded currency in the foreign exchange markets, trailing behind the United States dollar, Japanese yen, euro, British pound sterling and Canadian dollar. Accounting for approximately 5% of worldwide foreign exchange transactions, the AUD is popular among currency traders because of the nation's relative lack of government intervention in the FX market. Additionally, the economy and government are rather stable and the AUD seems to offer diversification benefits in a portfolio containing the major world currencies (for reasons such as greater exposure to Asian economies and the commodities cycle, for example).
Each Australian dollar can be broken down into 100 cents. The smallest coin circulating (as of mid-2005) is equal to five cents; one and two cent coins were discontinued in the early 90s and withdrawn from circulation. Cash transactions are rounded up or down to the nearest multiple of five cents.
Dirham is the name of the official currencies of the countries United Arab Emirates and Morocco. It also serves as the subunit of the currencies Qatar riyal (equal to 1/100 of riyal), Libyan dinar (equal 1/1000 of dinar), and Jordanian dinar (equal to 1/10 of dinar). As the currency of United Arab Emirates, dirham is called Emirati dirham that is denoted with the symbol "د.إ" in the Arabic language that translates A.D and is also denoted as "DH or Dhs" in the unofficial abbreviated form. The Emirati dirham is divided into 100 parts of the subunit known as "fils".
According to the ISO 4217 standard, the currency code for the United Arab Emirates dirham is AED and the numeric code for it is 784. The currency is in operation since 1973 when it was introduced for the first time replacing the Qatar and Dubai riyal.
The Moroccan Dirham, denoted by MAD, is the official currency of Morocco. Made up of 100 centimes per unit, the currency is issued by the Bank Al-Maghrib (Morocco's central bank).
Historically, the Moroccan Dirham originates from the Byzantine Empire's Drachm, and was used in Arabia and the Levant in pre-Islamic times. The name "Dirham" stems from the Roman word "denarius."
The Tunisian Dinar (TND) is the currency of Tunisia. It is subdivided into 1000 millimes. The Tunisian Dinar is not convertible into Pound Sterling. The Dinar is soft currency. The convertibility of the Dinar had been a working progress since 1987. Finally, in 1992, convertibility of the Dinar came about for both commercial & investment transactions.
While knowledge of the Dinar's past is scarce, rules regarding exchange of the Dinar are better known. Importation and exportation of the Tunisian Dinar is illegal and this prohibition is strictly enforced; one cannot acquire Dinars outside of the country. The law provides heavy penalties for offences against exchange-control regulations.
The Kuwaiti Dinar, denoted by KWD, is the official currency of Kuwait. The KWD, which is divided into 100 units, was introduced to Kuwait in 1960 as a replacement for the Indian Rupee. The currency has maintained a very high exchange rate, making it one of the highest valued currencies in the world..
Sovereign credit ratings play an important part in determining a country's access to international capital markets, and the terms of that access. Sovereign ratings help to foster dramatic growth, stability, and efficiency of international and domestic markets
Iraqi Dinar is very real (there is a U.S. bank that even sells Iraq Money), but the pitch many Dinar dealers try to send your way is far from reality and designed to get you buy from them. Some of these dealers even go as far as to explain that they are trusted by the government and supply you with a document to substantiate this lie.
First, the US government requires a business to register with them when selling any kind of currency. Once you register, the US Government will send you a letter confirming your registration. IT DOES NOT mean that they trust or vouch for the company, only that they complied with the law.
Dealers specializing in Iraq Money like you to believe they have been cleared by the government (background checks, etc) - don't fall for it!
The Bahrain Dinar is regarded as the official currency of the country of Bahrain from the year of 1965.The world famous currency called ‘dinar' or ‘denar' is the currency unit of several countries of Middle East. The term ‘diner' is originated in the word ‘denarius' which is the name of a Roman currency. The currency code of ISO 4217 is Bahrain or Bahraini Dinar.
The history of Bahraini Dinar can be traced back to the month of October, 1965. In this year Bahraini Dinar or BHD was issued to replace the Persian Gulf Rupee at the price of 1 Bahrain Dinar equivalent to 10 Persian Gulf Rupees. This currency of Dinar is usually symbolized by three decimal spaces referring the fils.
The Bahraini dinar or BHD is divisible into 1,000 fils. Generally Coins of this currency issued are of 5, 10, 25, 50 and 100 fils where as the Bank notes are with value of BD 20, 10, 5 and 500 fils.
The exchange price of BD0.3770 is equivalent to $1 while BD0.6259 is equal to £1.The tourists are usually suggested to keep an amount of Bahrain Dinar when they arrive to Bahrain for convenience in taxi fares or any sort small buys. New Comers should head off exchanging money from any hotel, as the rates in Hotels in all probability are not profitable.
In Bahrain Currency exchange facilities as well as banking services are available at most of the main airports and maximum of them are usually accessible through 24 hours of a day. Other than this various viable rates can be found from the central city financial organizations.
To understand the Algerian Dinar, (algeria bank notes) you should first understand that Algeria was ruled by France for nearly a decade; after battling through the 1950s, they finally gained their independence from France in 1962. Shortly after, in 1964, the Algerian dinar became the official currency of Algeria replacing the previously used new franc at a ratio of 1:1. By the year 1966 all public and private banks in the country were nationalized and trading currency began
The Algerian dinar is issued by the Central Bank of Algeria. The dinar is divided into 100 centimes and issued in the form of both coins and banknotes, all used in trading and daily banking activities.
The unit of currency in Afghanistan is the afghani, which is divided into 100 puls. Since 1981 the official rate of exchange has been fixed at 50 afghanis equal U.S.$1. However, the actual market rate of the afghani has fluctuated, and in 1994 2400 afghanis equaled U.S.$1. Dramatic inflation (with rates of up to 57 percent), which has been taking place in Afghanistan since the Soviet invasion, contributed to the drastic decrease in the purchasing power of the afghani from 1981 to 1994.
Afghanistan's central bank was founded in 1938 and is the largest bank in Afghanistan. The central bank issues all notes, executes government loans, and lends money to cities and to other banks. All private banks in Afghanistan were nationalized in 1975, mostly because a lack of clear terms for borrowers and lenders had made it difficult for people to use the country's credit resources. No stock market or other modern form of economic development exists in Afghanistan. Instead, archaic "money bazaars" exist to provide money-lending and foreign exchange dealings.
On Monday Oct 7, 2002 Afghanistans interim government marked the first anniversary of U.S. air strikes that brought it to power by issuing new banknotes, aimed at reasserting central control over a war-ravaged economy.
