1 USD to PKR in 1965 – Historical Dollar Rate in Pakistan
Ever wondered what the dollar rate was back in the old days? In 1965, 1 US Dollar was equal to Rs. 6.70 in Pakistan. Hard to believe, right?
Back then, Pakistan’s economy was more stable, less dependent on foreign loans, and had limited imports. The rupee had real strength, and the average person could live well on a small salary. Compare that to today, where the rate is over 270 PKR per dollar!
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Why the Dollar Was So Low in 1965?
- Fixed Exchange System: The rupee was linked to the British pound, which kept the dollar rate steady.
- Low Inflation: Daily goods were affordable, and the value of money didn’t change quickly.
- Less Global Trade: Pakistan didn’t import much, so there wasn’t much need for dollars.
- Economic Control: The government controlled currency values and didn’t let the market decide.
To give you a quick comparison, here’s how the dollar rate has changed over the years:
USD to PKR Exchange Rate (1947–2025)
Year | 1 USD = PKR |
---|---|
1947 | 3.31 |
1960 | 4.76 |
1965 | 6.70 |
1970 | 9.52 |
1980 | 9.90 |
1990 | 21.71 |
2000 | 51.90 |
2010 | 85.50 |
2020 | 160.50 |
2025 | 274 (Still) |
So next time someone complains about high dollar rates, tell them—there was a time when one dollar cost less than 7 rupees!