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Historical chart of Pakistan Rupee Exchange Rate vs.

US dollar
STATISTICS AND DWH DEPARTMENT
MONTHLY AVERAGE FOREIGN EXCHANGE RATE
(Pak Rupees Per US $)

Period

JUL

AUG

SEP

OCT

NOV

1998-992

46.2633

49.9277

50.0995

50.3784

1999-00

51.6067

51.6408

51.7284

51.7534

2000-01

52.5075

53.9820

56.1063

2001-02

64.0905

64.1157

64.1472

2002-03

59.7907

59.5102

2003-04

57.7432

2004-05

58.2777

2005-06

DEC

JAN

FEB

MAR

APR

MAY

50.7970

50.0558

49.8663

50.1240

49.9386

50.4115

51.0911

51.7017

51.7653

51.7647

51.7702

51.7962

51.7912

51.7911

51.7975

52.0452

58.1591

57.0032

57.9913

59.0639

59.6205

60.5224

61.0673

61.8291

63.4010

62.2097

61.1255

60.5836

60.2011

60.1611

60.1020

60.1232

60.1253

60.1246

59.2578

59.0530

58.5852

58.4162

58.1829

58.0811

57.8675

57.7757

57.7311

57.7429

57.7877

57.8093

57.5609

57.3342

57.3960

57.3993

57.3601

57.4495

57.4616

57.6753

57.9165

58.7934

58.9725

60.0311

59.9393

59.5478

59.4452

59.3525

59.3529

59.4031

59.5081

59.6673

59.6234

59.6547

59.7593

59.7108

59.7647

59.8076

59.8396

59.8855

60.0070

59.9979

60.0668

60.1618

2006-07

60.2711

60.3180

60.5037

60.5959

60.7282

60.8878

60.8780

60.7321

60.6927

60.7052

60.6718

60.6256

2007-08

60.3978

60.5145

60.6376

60.6795

61.0003

61.1798

62.3667

62.6185

62.7500

63.5556

67.6009

67.2563

2008-09

70.5896

74.2926

77.1668

80.4331

79.9239

78.9238

79.0856

79.4485

80.2355

80.3958

80.5268

80.9574

2009-10

82.0062

82.7716

82.8462

83.2176

83.4540

84.0021

84.5184

84.8991

84.3500

83.9386

84.3318

85.2844

2010-11

85.5031

85.6070

85.7618

85.9416

85.5440

85.7072

85.6778

85.3141

85.3380

84.6278

85.2122

85.7859

2011-12

86.0204

86.6211

87.4744

86.9655

86.9316

89.3402

90.1357

90.6186

90.7135

90.6345

91.2605

94.1151

2012-13

94.3779

94.4660

94.5877

95.3487

95.9926

97.1870

97.4720

97.9687

98.0605

98.3119

Following is the chart of rupee exchange rates against US dollar. It is interesting to see that between 2001 and 2007, the
exchange rate remained almost the same but with the start of rise in oil prices and lawyers movement in Pakistan,
the rupee totally collapsed
In my personnel opinion, the major contributory factor in damaging the Pakistan economy is the lawyers movement
otherwise, we would have managed to cope with the high oil prices and world economic crisis.

In coming days and months, a lot of money inflow is expected but I am afraid, the financial mismanagement will eat up all
those resources as well.

2012
Exchange rate in Pakistan was in a continues declining trend against US Dollar and other major currencies of the world since the
year 2012 started.
Most of the analysts were pointing out the raise of exchange rate due to oil transactions, when ever pak rupee forex rate loose its

JUN

strength against US Dollar rate, The other currencies also get impact lets have a view of the currency rates in Pakistan from the
beginning of Jan, 2012.
As per Inter Bank currency rates on Jan 3, Pak Rupee rate was on Rs. 89.8 selling and buying at Rs. 89.6 against Dollar rate,
Rs.116.52 selling and Rs.116.26 against Euro exchanges rate, Rs.24.45 selling and buying at Rs. 24.39 against UAE currency
rate, Rs. 139.45 selling and Rs.139.14 buying against Pond exchanges rate.
As per Jan 6 stats of the currency rates in Pakistan Pak Rupee was on Rs. 90.3 selling and buying at Rs. 90.1 against USD, Rs.
115.55 selling and Rs. 115.29 against Euro, Rs. 24.58 selling and buying at Rs. 24.53 against UAE Dirham, Rs. 140.01 selling
and Rs.139.7 buying.
Currency Market was closed on 7 and 8 Jan and the data was choppy during Jan 9 till today, the figures are in a passive passion
and a little recovery seen at Jan 11, Pak Rupee standing at Rs. 89.9 selling and buying at Rs. 89.7 against USD, Rs.114.56
selling and Rs.114.31 against Euro, Rs.24.48 selling and buying at Rs. 24.42 against UAE Dirham, Rs. 138.95 selling and
Rs.138.64 buying against British Pond