EUR to PKR Rates - Euro to Pakistani Rupees Exchange Rate- European Union is political and economic union, in which 28 different countries are existed. The main motive of European Union is to allow free flow of goods, promote technological progress and enhance the economic level and relationship between European Union Countries.
The official currency of EU is Euro and it is denoted as EUR, this currency is widely used by 19 countries as their national currency and these countries are also known as Euro-zone, while remaining are pegged into Euro. It has serves a long history, in 1999 the concept of Euro was introduced by EU and replace the European Currency Unit (ECU). On contrary, in March 2002 all the other currencies had replaced and Euro coins and banknotes were widely circulating in European Union even till present date.
However, in 2009 the Euro had faced a sever debt crisis, that made the currency de-stabilized but later on along with successful financial reforms Euro once again stable and even regarded as the second most exchanging currency after USD.
Today euro coin series are 1, 2, 5, 10, 20 and 50 cent, 1 and 2 Euro. Each coin is symbolized with the Unity of EU and portrayed images of Europe and European Union. While the banknotes series are; 5, 10, 20, 50, 100 and 200 Euro. The 500 Euro was replaced in the second series of banknotes and ECB (European Central Bank) has the ownership of issuing currencies in European Union.
Furthermore, in Pakistan the official currency is Pakistani Rupees and the code is PKR and made up of 100 paise. Throughout the year, Pakistani currency had also faced sever crisis and challenges but now somewhat stable, as compared with the past, even included in top 30 Global economies as of 2018 on GDP.
Today Pakistan has 1, 2, 5 Rupees coins and banknotes are; 10, 20, 50, 100, 500 and 1000 Rupees. And here State Bank of Pakistan has the authority to regulate Pakistani Rupees in Pakistan.
As already mentioned that Euro is considered as the second most traded currency in world that’s why it is always attractive for foreign exchange. Other than that, Pakistan has also good and strong ties with European Union and involve in day to day trading operations. Thereby, it is highly relative and vital to check out EUR to PKR Rates so, that we can determine the exchanging value of Pakistani Rupee and overview the overall performance of the country.
In this regard, we need EUR to PKR currency converter and Pakboz.com had successfully caters their users with this service, from this page you can easily find out Euro to Pakistani Rupees Rates Today with open and live market. Apart from that you can also access weekly performance record of 1 Euro to Pakistani Rupees Exchange Rate.
Moreover, the best is that the page is daily updated EUR to PKR Rates Today along with Open Market Rates, Inter Bank Rates, Forex Rates and Currency Calculator.
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This EUR to PKR convertor is up to date with exchange rates from 08 Aug, 2020.
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