As of 2025, the Indian Rupee (INR) to Pakistani Rupee (PKR) rate stands around 1 INR = 3.17 PKR, making the Indian currency notably stronger in comparison. This exchange rate highlights the economic gap between the two neighboring countries, driven by factors like inflation trends, trade balances, and central bank decisions. For individuals and businesses involved in cross-border dealings, even small fluctuations in this rate can make a significant difference.
The INR–PKR exchange rate is influenced by both domestic and global forces, including oil prices, US dollar strength, and regional economic stability. While India’s economy has shown resilience with steady growth, Pakistan continues to manage external financing needs and inflationary pressures. These contrasting conditions are why the INR to PKR pair remains closely watched in 2025.
Current INR to PKR Exchange Rate in 2025
As of 2025, the exchange rate is around ₹1 = ₨3.17. Below is a quick conversion table showing how much Pakistani Rupees (PKR) you would get for different amounts of Indian Rupees (INR):
| ₹100 | ₨317 |
| ₹250 | ₨792.50 |
| ₹500 | ₨1,585 |
| ₹1,000 | ₨3,170 |
Historical Context – INR vs PKR Over the Years
The INR and PKR were once at par right after independence in 1947. However, over the decades, the two currencies diverged dramatically due to:
- Different economic policies in India and Pakistan.
- Trade imbalances with rising imports in both countries.
- Inflation gaps, with Pakistan historically experiencing higher inflation.
- Debt management, where Pakistan faced repeated external financing crises.
By the 2000s, INR was already stronger than PKR. Fast forward to 2025, the Indian Rupee remains significantly stronger, with 1 INR equaling multiple PKR.
Factors Influencing INR vs PKR in 2025
1. Global US Dollar Strength
Both the INR and PKR are heavily influenced by the US Dollar. Whenever the dollar strengthens due to higher US interest rates or global uncertainty, both South Asian currencies weaken. However, the degree of weakness often differs, creating shifts in the INR/PKR exchange rate.
2. Inflation Trends
- India: Inflation in India has stayed within the Reserve Bank of India’s (RBI) tolerance band of 4–6%, though food and fuel prices cause occasional spikes.
- Pakistan: Inflation has cooled compared to the peaks of 2022–23 but remains higher than India’s, leading to gradual depreciation of PKR over time.
3. Monetary Policy
- RBI (India): In 2025, the RBI has hinted at possible rate cuts to support growth, which can make INR less attractive.
- SBP (Pakistan): The State Bank of Pakistan has reduced its policy rate significantly after inflation cooled, but it must balance growth with PKR stability.
4. Trade and Current Account Balance
- India, despite being a large importer of oil, has a relatively more stable export base, including IT services, which supports the INR.
- Pakistan’s reliance on imports and limited export diversification keeps the PKR under more pressure.
5. Geopolitical and Regional Factors
Any political tensions, changes in trade agreements, or regional instability can immediately affect INR/PKR, especially because both currencies are already sensitive to external shocks.
INR vs PKR Performance in 2025
In 2025, the trend so far has been:
- Early 2025: INR was trading around ₨3.25 per ₹1.
- Mid-2025: PKR strengthened slightly as inflation cooled in Pakistan and its central bank slashed interest rates.
- Late 2025: INR weakened against the US Dollar due to global pressures, which indirectly impacted the INR/PKR cross rate, bringing it closer to ₨3.17 per ₹1.
This shows that while both currencies face challenges, the relative weakness of the Indian Rupee vs USD has played a major role in the cross exchange rate
Outlook for INR vs PKR in 2025
Looking ahead, several scenarios may play out:
- If India cuts interest rates to support growth, INR may weaken further, slightly lowering the INR to PKR rate.
- If Pakistan secures external financing (from IMF or friendly countries), the PKR could stabilize and resist sharp depreciation.
- Oil price spikes may hurt both economies but would affect Pakistan more deeply due to higher dependency on imported fuel.
- Global risk sentiment will continue to drive both INR and PKR, with the US dollar acting as the central factor.
Overall, analysts expect INR to remain stronger than PKR throughout 2025, with the exchange rate moving within a narrow band unless a major shock occurs.
Practical Tips for Monitoring INR/PKR
- Use reliable currency converters (like XE or Wise) to check the mid-market rate.
- Compare transfer providers, as banks often charge higher fees than fintech apps.
- Keep an eye on RBI and SBP announcements, as policy changes move the rate quickly.
- Watch global oil and commodity prices, as both economies are import-dependent.
Frequently Asked Questions (FAQs)
Final Thoughts
The exchange rate of INR to PKR in 2025 shows how different the two economies are, with ₹1 equal to about ₨3.17. While the Indian Rupee stays stronger, both currencies are influenced by global markets, oil prices, and local policies. For people sending money, traveling, or doing business, even small changes in the rate can make a big difference. Keeping an eye on daily updates and comparing exchange providers is the best way to get more value.
