RUB to PKR Currency Converter - 1 Russia Rubles To Pakistan Rupee

RUB to PKR

The exchange between the RUB and PKR currency is around 0. This exchange rate keeps on changing with time. The difference in the exchange rate between both currencies depends on the economic conditions of countries. In this article, we will discuss how both currencies rely on each other.

RUB

RUB is the official currency of Russia. It is also known as the Russian Ruble or Rouble. The RUB currency is subdivided into 100 kopeks. Coins and banknotes are being circulated in the country. The Central bank of Russia regulates this currency.

If we compare the RUB currency and the USD currency, a significant difference has been seen. The exchange rate between the RUB and USD currency is around 0.013. It proves that the RUB currency is the cheapest as compared to the USD currency.

Similarly, if we compare this currency to the other currencies globally, the results are not so good. The RUB currency has been downgraded for many years. Many developed countries’ currencies are better than the RUB currency. And there are many reasons for it.

If we look forward to the reasons for being the devalued currency, there are many, but few are noticeable. The main reason behind the RUB currency’s dynamics is the price of oil. The cheaper the oil, the cheaper the rouble is. Exports also play an important role in the development of the country. Russia is unable to export goods on a larger scale due to many reasons. These reasons have led the RUB currency the cheapest in the global market.

PKR

The PKR is the official currency of Pakistan. It is represented as Rs. PKR currency was subdivided into 100 Paisa, but now the value has been changed. Currently, coins and banknotes are circulated in the country of Rupees only. The currency is regulated by the Central bank, the State bank of Pakistan. The larger values are seen in thousands, lacs, crores, and so on.

By comparing the PKR currency to the USD currency, a huge difference can be seen. The exchange rate of both countries is around PKR, which is too high. It has led the PKR currency’s value to the least.

Uniformly, If we compare the PKR currency to other currencies globally, it still has bad impacts. The well-developed country’s currencies are much valuable as compared to PKR. It has lowered the PKR currency’s value. Furthermore, the PKR currency is being downgraded in the international market.

If we talk about the reasons, then there are many. The bad political history has led this currency to this cheapest level. It also includes the burden of loans on Pakistan taken by the IMF. Due to these reasons, the PKR currency is not appreciating in the international market.

RUB and PKR

Now, if we compare both currencies together, the RUB currency is winning the game. The PKR currency is once again the cheapest and devalued currency to the RUB.

If someone has a salary of 40,000 RUB, he can get 0 Rupees in exchange here. And we know a salary of 84,000 Rupees is considered a good one here. But if we compare 40,000 PKR to RUB, it will count to 0 RUB only. Which means this amount will be of no use if we have to spend it in Russia.