USD to PKR Forecast: US Dollar vs Pakistani Rupee 2024, 2025-2030 | CoinCodex (2024)

FAQs

What will be the dollar to PKR in year 2025? ›

Gov Capital's USD/PKR forecast for 2025 showed the pair trading at 637.974 at the end of the year, down from 225.6 at the end of 2023 and 311.713 at the end of 2023.

The Pakistani rupee (PKR) is expected to continue its downward spiral and reach a historic low of 350 per dollar by the end of 2024, according to a report by BMI Research, a Fitch Solutions company.

The Indian rupee is forecasted to trade within the 83.50-84.00 range in the remaining of the year. USD to INR Forecast 2025-2030: While big banks such as ING forecast USD to INR to keep the 84.00 level in 2025, some AI-based websites are pointing towards a USD to INR strength to 90 in the next years and 100 by 2030.

The Pakistan Rupee is expected to trade at 279.52 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 282.64 in 12 months time.

We predict only mild strength in the USD in early 2024 because we expect a mild US recession and only a modest increase in volatility and credit spreads, and mild weakness in equity markets. Notwithstanding some expected USD strength in early 2024, the next major move in the USD will be down in our view.

USD to INR Forecast 2024

Projections indicate a potential 1.42% increase over the next six months, bringing the exchange rate to 84.64 INR. The US Dollar is anticipated to experience a 1.64% rise in the next year, with the USD to INR rate expected to reach around ?? 84.82.

1 USD = 278.876345 PKR Sep 08, 2024 15:14 UTC.

Today Dollar Rate in Pakistan is 280.25 Rs.

PAKISTAN : VISION 2030. Pakistan in 2030 will be a middle income country with per capita income in 2005 constant US dollars of over 3000. The incidence of poverty will be around 10% and income gender and regional disparities will be lowered by at least one half of the current levels.

What is the future prediction of Pakistan in 2025? ›

The International Monetary Fund (IMF) has forecasted that Pakistan's economy will grow by 3.5% in the fiscal year 2024-25 (FY25). This projection falls slightly below the Pakistani government's target of 3.6%, which was announced in the latest budget, and comes amidst a backdrop of sluggish global economic activity.

“We remain more optimistic than most analysts about Pakistan, and we hold an above-consensus view that GDP will expand by 3.2% in FY2024/25 (July 2024 to June 2025),” read the report published on July 15 after the staff-level agreement with the International Monetary Fund (IMF).

EUR/USD is predicted to reach 1.05 in June 2024 and September 2024, 1.09 in December 2024 and 1.12 in March 2025. USD/JPY is expected to hit 155 in June 2024, 154 in September 2024, 153 in December 2024 and 152 in March 2025.

However, 1 dollar in rupees in 2024 is around ₹83. So, how did the USD to INR exchange rate become progressively higher?

We expect the US dollar and gold will more or less hold their values, given our economic expectation and the many geopolitical risks. We believe the yen will appreciate, and we expect the thawing crypto winter will fully transition to a spring.

According to the global bank HSBC, it is predicted that the US Dollar will become much weaker by the middle of 2024, impacting forex trades and the global economy. A significant drop in the Dollar to Yen exchange in 2024 could also be possible after the forex pair moves sideways during the beginning of the year.

KARACHI: The US Dollar to Pakistani Rupee exchange rate was recorded at Rs 277.7 in the open market on June 30, 2024, with a selling rate of Rs 280.6. As per Pakistan Interbank, the US Dollar to Pakistani Rupee interbank exchange rate is PKR 277.7.