Convert 40000 Pakistani Rupee (PKR) to Canadian Dollar (CAD)
Exchange rates used for currency conversion updated on 23rd September 2018 ( 23/09/2018 )
Below you will find the latest exchange rate for exchanging Pakistani Rupee (PKR) to Canadian Dollar (CAD) , a table containing most common conversions and a chart with the pair's evolution.
The Pakistani Rupee (PKR) to Canadian Dollar (CAD) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency of Pakistan is the rupee. Rupees are equal to 100 paisa and are issued in denominations of RS 10, RS 20, RS 50, RS 100, RS 500, RS 1,000 and RS 5,000. Foreign currency exchanges can be done through banks or moneychangers and both offer about the same rate of exchange with the US Dollar being the preferred currency to exchange in the country.
About Canadian Dollar (CAD)
The Bank of Canada manges the circulation and monetary policy of the floating yet highly dependent currency. The Canadian dollar (CAD) is heavily intertwined with economic developments in the United States and the USD this is compounded with the high trade dependence Canada shares with the US and is only mitigated by the price of commodities such as oil in which Canada is a net exporter and therefore can leverage these exports to support the CAD independent of the USD. The Bank of Canada follows its mandate of promoting the economic well being of the nation in juxtaposition to the mandate of many central banks as price stability.