Convert New Zealand Dollar to Pakistani Rupee
Please provide values below to convert New Zealand Dollar [NZD] to Pakistani Rupee [PKR], or Convert Pakistani Rupee to New Zealand Dollar.
How to Convert New Zealand Dollar to Pakistani Rupee
1 NZD = 0.00585949568314207 PKR
Example: convert 15 NZD to PKR:
15 NZD = 15 × 0.00585949568314207 PKR = 0.087892435247131 PKR
New Zealand Dollar to Pakistani Rupee Conversion Table
| New Zealand Dollar | Pakistani Rupee |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
Pakistani Rupee
The Pakistani Rupee (PKR) is the official currency of Pakistan, used for all monetary transactions within the country.
History/Origin
The Pakistani Rupee was introduced in 1947, replacing the Indian Rupee at independence, and has undergone various reforms and devaluations over the years to stabilize the economy.
Current Use
Today, the PKR is widely used across Pakistan for everyday transactions, banking, and trade, with the central bank managing its issuance and regulation.