Karachi, April 25, 2025: The Canadian dollar (CAD) remained stable against the Pakistani rupee (PKR), with an exchange rate of 203.16 PKR.
This rise reflects changes in the global currency market, along with various economic elements influencing both countries.
One Canadian Dollar now equates to 203.16 Pakistani Rupees.
Evaluating Currency Values
The valuation of currencies is determined by the dynamics of supply and demand in the foreign exchange market. The appreciation of the Canadian dollar can be attributed to several factors, including rising crude oil prices (given Canada’s role as a leading oil exporter), favorable economic reports from Canada, or a minor depreciation of the Pakistani rupee due to domestic inflation or trade deficits. Additionally, the value of the PKR is significantly affected by Pakistan’s foreign exchange reserves, remittances, and trade balance.
Effects on Overseas Pakistanis
For Pakistani expatriates residing in Canada who send money back to their home country, this increase results in slightly better returns for their remittances. A stronger CAD means that more rupees are received for every dollar sent, aiding families that depend on financial support from abroad. Conversely, for students or travelers from Pakistan visiting Canada, the costs associated with education and daily living may experience a slight increase, as they will need more PKR to acquire Canadian dollars.
Overview of the Currencies
Canadian Dollar (CAD): The official currency of Canada, produced by the Bank of Canada. It ranks among the most frequently traded currencies globally, largely influenced by commodity prices, particularly oil, owing to Canada’s significant position as an energy exporter.
Pakistani Rupee (PKR): The national currency of Pakistan, managed by the State Bank of Pakistan. Its valuation is particularly vulnerable to political stability, economic strategies, and issues related to external debt.
