Navigating Iran Currency In Pakistani Rupees: Your Comprehensive Guide

Jackie Quigley DVM 19 Jun 2025

Understanding the intricate dynamics of the **Iran currency in Pakistani Rupees** is more crucial than ever, whether you're a seasoned investor, a frequent traveler, or simply curious about international finance. The exchange rate between the Iranian Rial (IRR) and the Pakistani Rupee (PKR) reflects a complex interplay of economic, political, and social factors that shape the financial landscapes of both nations. This guide aims to demystify this often-volatile relationship, providing you with clear, actionable insights into how these currencies interact and what it means for your financial decisions.

From historical context to real-time exchange rates and future forecasts, we'll delve deep into the nuances of converting **Iran currency in Pakistani Rupees**. We'll explore the factors that drive their values, offer practical advice for conversions, and highlight the essential tools available to ensure you get the most accurate information. By the end of this article, you'll have a robust understanding of the IRR to PKR exchange rate, empowering you to make informed choices in a dynamic global economy.

The Iranian Rial: A Currency's Journey
- Historical Context and Value
The Pakistani Rupee: A Post-Colonial Legacy
- Establishment and Evolution
Understanding the Current Exchange Rate: Iran Currency in Pakistani Rupees
- Real-Time Values and Fluctuations
Factors Influencing the IRR to PKR Exchange Rate
Practical Aspects of Converting Iran Currency to Pakistani Rupees
- When and Where to Convert
Analyzing Historical Trends and Future Forecasts
Tools and Resources for Accurate Currency Conversion
The Significance of the Exchange Rate for Travelers and Traders

The Iranian Rial: A Currency's Journey

The Iranian Rial (IRR) holds a unique and often challenging position in the global financial landscape. Its journey has been marked by significant economic pressures, including international sanctions, high inflation, and internal economic policies. Understanding the Rial's historical context is crucial to grasping its current valuation against other currencies, including the Pakistani Rupee.

Historical Context and Value

The Rial, as the official currency of Iran, has faced considerable depreciation over the past few decades. This has led to its widely recognized status as one of the world's least valued currency units. Indeed, as of 2013, it remained the world's least valued currency unit, a trend that has largely persisted due to ongoing economic challenges. This low valuation means that a very large number of Rials are required to equate to even a small amount of a stronger currency. The Iranian government has, at various times, considered currency reforms, including redenomination (removing zeros), to simplify transactions and potentially boost public confidence, though such measures have yet to fundamentally alter its underlying economic value. The sheer volume of Rials needed for everyday transactions often necessitates the use of higher denominations, and informal units like the 'Toman' (equal to 10 Rials) are commonly used in daily commerce to simplify pricing. This historical trajectory of devaluation is a key factor when assessing the **Iran currency in Pakistani Rupees**.

The Pakistani Rupee: A Post-Colonial Legacy

In contrast to the Rial's tumultuous journey, the Pakistani Rupee (PKR) has its own distinct history, shaped by the birth of a nation and its subsequent economic development. While also facing its share of economic challenges, the PKR operates within a different geopolitical and economic framework, influencing its relative strength and stability.

Establishment and Evolution

The Pakistani Rupee was put into circulation after the country became independent from the British Raj in 1947. This marked a significant step in Pakistan's journey towards economic sovereignty. Initially pegged to the British Pound, the Rupee later transitioned to a managed float system, allowing its value to be determined more by market forces, albeit with central bank intervention. Over the decades, the PKR has experienced periods of both appreciation and depreciation, influenced by factors such as trade balances, foreign investment, remittances, and domestic economic policies. Its evolution reflects Pakistan's ongoing efforts to achieve economic stability and growth in a complex global environment. Understanding the historical context of both currencies is fundamental to accurately interpreting the exchange rate of **Iran currency in Pakistani Rupees**.

Understanding the Current Exchange Rate: Iran Currency in Pakistani Rupees

The exchange rate between the Iranian Rial (IRR) and the Pakistani Rupee (PKR) is a point of frequent interest for those involved in cross-border trade, tourism, or simply monitoring international financial markets. Given the unique economic situations of both countries, this rate can fluctuate, making real-time data essential for accurate conversions.

Real-Time Values and Fluctuations

As of recent data, the value of the Iranian Rial against the Pakistani Rupee remains quite low. For instance, as of 23:00 PM UTC today, one Iranian Rial equals ₨0.0067 (zero Pakistani Rupees and less than one paisa). This figure is consistent with other recent observations, such as the statement that the current exchange rate is 0.0067. Another data point indicates that the cost of 1 Iranian Rial in Pakistani Rupees today is ₨0.01 according to the “open exchange rates”, and compared to yesterday, the exchange rate remained unchanged. This slight variation (0.0067 vs 0.01) highlights the importance of checking real-time sources, as even small differences can accumulate when dealing with large sums. The data also confirms that one Iran Rial is worth 0.0067 Pakistani Rupees today, and today's exchange rate (0.0067) is the same as compared to yesterday's rate (0.0067). This consistency over a short period suggests a momentary stability, though historical charts demonstrate the potential for movement.

For a more precise conversion, consider that 1 IRR = 0.006726 PKR as of Jun 17, 2025, 14:38 UTC, and another source states 1 Iranian Rial = 0.0067241 Pakistan Rupee at 17:35. These minute differences underscore the need for up-to-the-minute data, especially for financial transactions. Over the last 30 days, we have recorded a fluctuation index that is low and a volatility of 3.18%. This low volatility suggests a relatively stable period, but it's crucial to monitor the exchange rate of the Iranian Rial in relation to the Pakistani Rupee on the chart, and the table of the dynamics of the cost as a percentage for the day, week, month, and year. These tools provide a visual representation of how the **Iran currency in Pakistani Rupees** has performed over various timeframes, offering insights into its trends.

Factors Influencing the IRR to PKR Exchange Rate

The exchange rate between the Iranian Rial and the Pakistani Rupee is not static; it's a dynamic reflection of numerous underlying economic, political, and social forces. Understanding these factors is key to anticipating movements in the value of **Iran currency in Pakistani Rupees**.

Economic Sanctions on Iran: Perhaps the most significant factor affecting the Iranian Rial's value is the extensive international sanctions regime imposed on Iran. These sanctions severely restrict Iran's ability to engage in international trade, particularly oil exports, and limit its access to global financial systems. This reduces demand for the Rial and makes it difficult to conduct transactions, leading to its depreciation.
Inflation Rates: Both Iran and Pakistan have experienced periods of high inflation. Higher inflation in one country relative to the other tends to devalue its currency. If Iran's inflation rate significantly outpaces Pakistan's, the Rial will likely weaken against the Rupee.
Balance of Payments: This refers to the difference between a country's total earnings from exports and its total spending on imports. A persistent trade deficit (importing more than exporting) can put downward pressure on a currency. For both Iran and Pakistan, trade dynamics, especially with key partners, play a role.
Political Stability and Geopolitical Events: Instability or significant geopolitical events in either Iran or Pakistan, or the broader region, can trigger capital flight and reduce investor confidence, leading to currency depreciation. This includes internal political crises, regional conflicts, or shifts in international relations.
Interest Rates: Higher interest rates can attract foreign investment, as investors seek better returns on their capital, thereby strengthening a currency. Conversely, lower interest rates can lead to capital outflow and currency weakening. The monetary policies of the central banks in Tehran and Islamabad are therefore influential.
Foreign Exchange Reserves: The amount of foreign currency reserves held by a country's central bank indicates its ability to intervene in the currency market to stabilize its currency. Low reserves can signal vulnerability and lead to depreciation.
Remittances: For Pakistan, remittances from overseas workers are a significant source of foreign exchange, providing support to the Rupee. Fluctuations in these inflows can impact the PKR's strength.
Oil Prices: As a major oil exporter, Iran's economy is heavily dependent on global oil prices. Higher oil prices generally lead to increased foreign currency earnings for Iran, potentially strengthening the Rial, while lower prices have the opposite effect.

These factors constantly interact, creating a complex environment that determines the real-time exchange rate of the **Iran currency in Pakistani Rupees**.

Practical Aspects of Converting Iran Currency to Pakistani Rupees

For individuals or businesses needing to convert **Iran currency in Pakistani Rupees**, practical considerations are paramount. Knowing how and when to convert can significantly impact the value you receive.

When and Where to Convert

When dealing with currency conversions, timing and location matter. The statement, "Additionally, it's advisable to convert Iranian Rials to Pakistan Rupees early in the week if you need PKR urgently," suggests that there might be specific patterns or market conditions that make certain times more favorable. This could be due to lower trading volumes or specific banking hours that affect liquidity and rates.

For conversions, using reliable platforms is crucial. You can convert 1 IRR to PKR with the Wise currency converter, which is known for providing competitive rates and transparent fees. Similarly, Xe’s free live currency conversion chart for Iranian Rial to Pakistani Rupee allows you to pair exchange rate history for up to 10 years, offering valuable insights into past trends. These online tools are generally more convenient and often offer better rates than traditional money changers at airports or hotels, which tend to have higher commissions.

To convert from Pakistani Rupee to Iranian Rial and also convert in a reverse direction, you can use universal currency converters. Simply type in the box how much you want to convert. Then, click on the dropdown to select PKR in the first dropdown as the currency that you want to convert and IRR in the second dropdown as the currency you want to convert to. This user-friendly approach makes the conversion process straightforward for anyone. Remember, rates are based on real-time exchange rates, and exchange rates are updated every 15 minutes, ensuring you have access to the most current information. You can also get a Rial to Rupee currency converter widget or currency conversion guide sheet or chart for your website, making it easy to embed real-time rates for your audience.

Analyzing Historical Trends and Future Forecasts

Understanding the historical performance of the **Iran currency in Pakistani Rupees** provides context for its current state and offers clues about potential future movements. While past performance is not indicative of future results, it helps in identifying patterns and volatility.

The exchange rate of the Iranian Rial in relation to the Pakistani Rupee on the chart, and the table of the dynamics of the cost as a percentage for the day, week, month, and year, are invaluable resources for this analysis. They visually represent how the value has shifted, allowing users to see periods of stability, depreciation, or occasional appreciation. For example, the fact that over the last 30 days, we have recorded a fluctuation index that is low and a volatility of 3.18% indicates a relatively calm period recently. However, examining longer timeframes, such as the 10-year history available on platforms like Xe, would reveal more significant shifts driven by major economic or political events.

Looking ahead, getting reliable Iranian Rial to Pakistani Rupee exchange rate forecasts from 2025 to 2075 can provide a long-term perspective. These forecasts are typically generated by financial institutions and economic analysts who consider various macroeconomic models, geopolitical scenarios, and commodity price projections. While long-term forecasts are inherently speculative due to the multitude of unpredictable variables, they can offer a general direction or highlight potential risks and opportunities. Factors such as the future of international sanctions on Iran, internal economic reforms in both countries, and global oil price trends will heavily influence the future trajectory of the **Iran currency in Pakistani Rupees**. Keeping an eye on these forecasts, combined with real-time data and historical charts, enables a more informed approach to managing financial exposure to these currencies.

Tools and Resources for Accurate Currency Conversion

In today's digital age, accessing accurate and up-to-date currency conversion information is easier than ever. For anyone dealing with **Iran currency in Pakistani Rupees**, leveraging the right tools can make a significant difference in getting the best rates and understanding market dynamics.

Online Currency Converters: Platforms like Wise (formerly TransferWise) and Xe are industry leaders. Wise allows you to convert 1 IRR to PKR with ease, providing transparent fees and competitive real-time rates. Xe's free live currency conversion chart for Iranian Rial to Pakistani Rupee allows you to pair exchange rate history for up to 10 years, offering comprehensive historical data for analysis. These tools are invaluable for both quick checks and in-depth research.
Real-Time Exchange Rate Trackers: Many financial websites and apps offer real-time updates. The data indicates that exchange rates are updated every 15 minutes, ensuring you have the most current information. These trackers often include features like the exchange rate of the Iranian Rial in relation to the Pakistani Rupee on the chart, and tables showing the dynamics of the cost as a percentage for the day, week, month, and year. This helps users visualize trends and volatility, such as the low fluctuation index and 3.18% volatility recorded over the last 30 days.
Currency Converter Widgets and Guides: For website owners or those who need constant access, you can get a Rial to Rupee currency converter widget or currency conversion guide sheet or chart for your website. These embeddable tools provide live rates directly on your platform, making it convenient for your users.
Financial News and Analysis Portals: Reputable financial news outlets often provide expert analysis and forecasts for currency pairs. While specific forecasts like "reliable Iranian Rial to Pakistani Rupee exchange rate forecasts from 2025 to 2075" are long-term and speculative, they can offer valuable insights into potential future trends based on economic projections.
Central Bank Websites: For official exchange rates and monetary policy statements, the websites of the Central Bank of Iran and the State Bank of Pakistan are authoritative sources. While they may not provide real-time market rates for small transactions, they offer crucial insights into the official stance and policies affecting the currencies.

By utilizing these resources, individuals and businesses can stay informed about the latest movements of the **Iran currency in Pakistani Rupees** and make well-informed decisions.

The Significance of the Exchange Rate for Travelers and Traders

The exchange rate of **Iran currency in Pakistani Rupees** holds profound significance for various groups, particularly travelers and traders, impacting their financial planning and profitability.

For travelers, understanding the IRR to PKR rate is fundamental to budgeting and managing expenses. Given that one Iranian Rial equals ₨0.0067, or approximately ₨0.01 according to open exchange rates, it highlights the fact that the Rial is a very low-value currency unit. This means travelers to Iran from Pakistan would need a substantial amount of Rials for even basic expenses, while those converting Rials to Pakistani Rupees would find their holdings significantly diminished. Knowing the current exchange rate (0.0067) and monitoring its stability (as seen with today's rate being the same as yesterday's) helps travelers determine the best time to exchange money. The advice to convert Iranian Rials to Pakistan Rupees early in the week if PKR is urgently needed suggests that strategic timing can offer better rates or convenience. For instance, the exchange rate from Pakistani Rupee to Iranian Rial has recorded 148,685.6316 Iranian Rial for every 1000 Pakistani Rupee (or 148.6856 Iranian Rial for every 1 Pakistani Rupee), as of Thursday, 19 June 2025, 05:00 PM, Tehran, Iran. This demonstrates the large quantity of Rials one receives for a relatively small amount of PKR, a crucial piece of information for budgeting.

For traders and businesses engaged in bilateral trade between Iran and Pakistan, the exchange rate is a critical determinant of profitability and competitiveness. Fluctuations can directly impact import and export costs, affecting pricing strategies and profit margins. A strengthening Rupee against the Rial makes Iranian goods cheaper for Pakistani importers but makes Pakistani goods more expensive for Iranian buyers. Conversely, a weakening Rupee makes Pakistani exports more competitive in Iran but increases the cost of Iranian imports. Traders must constantly analyze historical currency charts or live Iranian Rial / Pakistani Rupee rates and get free rate alerts directly to their email to mitigate risks and capitalize on favorable movements. The low volatility (3.18% over the last 30 days) might suggest a period of predictability, but long-term trends and geopolitical factors can introduce significant shifts. Therefore, for both travelers and traders, an informed approach to the **Iran currency in Pakistani Rupees** exchange rate is not just beneficial, but essential for sound financial decisions.

Conclusion

Navigating the complexities of the **Iran currency in Pakistani Rupees** exchange rate requires a blend of historical understanding, real-time awareness, and forward-looking analysis. We've explored the unique journeys of both the Iranian Rial, recognized as one of the world's least valued currency units since at least 2013, and the Pakistani Rupee, established after independence in 1947. We delved into current exchange rates, noting that one Iranian Rial typically hovers around ₨0.0067 to ₨0.01 against the Pakistani Rupee, with rates updated every 15 minutes to ensure accuracy.

The intricate web of factors influencing this exchange rate, from international sanctions and inflation to political stability and oil prices, underscores its dynamic nature. For travelers and traders alike, understanding these influences and utilizing reliable conversion tools like Wise and Xe, which offer historical data up to 10 years and real-time alerts, is paramount. Remember the practical advice: consider converting Iranian Rials to Pakistan Rupees early in the week if you need PKR urgently. By staying informed through continuous monitoring of charts, tables, and forecasts—including those extending to 2075—you can make more strategic financial decisions.

The relationship between the Iranian Rial and the Pakistani Rupee is a fascinating microcosm of broader economic and geopolitical forces. We hope this comprehensive guide has equipped you with the knowledge and resources to confidently approach conversions and understand the value of **Iran currency in Pakistani Rupees**.

Do you have personal experiences with converting IRR to PKR, or insights into its future? Share your thoughts and questions in the comments below. Your contributions help enrich our collective understanding. Don't forget to share this article with anyone who might benefit from this detailed analysis, and explore other related articles on our site for more financial insights!

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