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ShibaBitcoin to Pakistani Rupee Converter and calculator

Convert 1ShibaBitcoin (SHIBTC) to Pakistani Rupee (PKR) equals ₨ 374.2 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of ShibaBitcoin(SHIBTC) to Pakistani Rupee(PKR). This is the real-time data. The current conversion shows 1 SHIBTC at a value of 1 SHIBTC for 374.20 PKR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

PKR information

About the Pakistani Rupee (PKR)

What Is the Pakistani Rupee (PKR)?

The Pakistani Rupee, with the ISO code PKR, is the official currency of the Islamic Republic of Pakistan. It was officially adopted in 1949, taking over from the Indian Rupee post-partition. The currency is symbolized as Rs and is subdivided into 100 paise, although paise coins are no longer in active circulation. The Pakistani Rupee is the sole legal tender in Pakistan, and it is used for all transactions within the country.

The Pakistani Rupee is issued by the State Bank of Pakistan, which is the central bank of the country. The State Bank of Pakistan is responsible for the regulation and control of the currency, including its issuance, distribution, and monetary policy management. This role includes ensuring the stability of the currency, managing Pakistan's foreign exchange reserves, and overseeing the country's banking system

What Is the History of PKR?

The term "Rupee" is derived from the Sanskrit word "Rūpya," meaning a coin of silver. The Pakistani Rupee has its roots in the currency introduced by Sher Shah Suri in the 16th century. It was officially adopted in 1949, following the partition of British India and the creation of Pakistan. Before this, the currency in circulation was the Indian Rupee, issued and controlled by the Reserve Bank of India.

Notes and Coins of PKR

The first coins in Pakistan were introduced in 1948 in various denominations, ranging from 1 pice to 1 rupee. Over the years, the coinage has evolved, with the latest additions being the Rs. 5 and Rs. 10 coins. Banknotes have also seen significant changes, with the current series featuring denominations from Rs. 5 to Rs. 5,000. These notes are distinct in their color and size, with larger denominations being longer. All banknotes feature a portrait of Muhammad Ali Jinnah on the obverse.

Economic Significance and Exchange Rate

The Pakistani Rupee is a fiat currency, meaning its value isn't backed by physical commodities but by the government's declaration. Historically, the rupee was pegged to the British pound and later operated under a managed float system. This shift led to significant devaluation in the 1980s, impacting the import of raw materials and the broader economy.

In recent years, the PKR has faced challenges, including a sharp devaluation in 2021 due to political instability and economic pressures. However, as of late 2023, it has shown signs of recovery, becoming one of the best-performing currencies against the US dollar.

Do Pakistan and India use the same currency?

No, Pakistan and India do not use the same currency. Pakistan uses the Pakistani Rupee (PKR), while India uses the Indian Rupee (INR). Although both currencies share a common historical origin and are both named "rupee," they are distinct and separate currencies managed by their respective countries. The Pakistani Rupee is managed by the State Bank of Pakistan, and the Indian Rupee is managed by the Reserve Bank of India. The two currencies have different values and are not interchangeable.

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Bitget crypto-to-fiat exchange data shows that the most popular ShibaBitcoin currency pair is the SHIBTC to PKR, with for ShibaBitcoin's currency code being SHIBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

SHIBTC to PKR conversion rate trend

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In the past 1D, ShibaBitcoin has changed -4.75% to PKR. Based on the trend and price charts, ShibaBitcoin(SHIBTC) has changed -4.75% to PKR while Pakistani Rupee(PKR) has changed % to SHIBTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨389.23
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/14 00:30:12(UTC+0)

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Buy SHIBTC (or USDT) for PKR (Pakistani Rupee) offers

Bitget P2P trading does not currently support direct buying of SHIBTC with PKR. However, you can buy USDT in Bitget P2P trading first, and then buy SHIBTC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell SHIBTC (or USDT) for PKR (Pakistani Rupee) offers

Bitget P2P trading currently does not support direct selling of SHIBTC to PKR. However, you can first exchange SHIBTC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
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Zero fees
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What factors influence the conversion rate of ShibaBitcoin to Pakistani Rupee?

ShibaBitcoin to Pakistani Rupee is rising this week.
ShibaBitcoin's current market price is ₨ 374.2 per SHIBTC, with a total market cap of ₨ 32,353,493,003.49 PKR based on a circulating supply of 86,461,070 SHIBTC. The trading volume of ShibaBitcoin has changed by +47.09% (₨ 476,642,088.3 PKR) in the last 24 hours. Last trading day, SHIBTC's trading volume was ₨ 1,012,189,560.26.
Market cap
$116.36M
24h volume
$5.35M
Circulating supply
86.46M SHIBTC

Conversion tables

The exchange rate of ShibaBitcoin is increasing.
1 SHIBTC is currently valued at ₨ 374.2 PKR , which means buying 5 SHIBTC will cost ₨ 1,870.99 PKR . Similarly, ₨1 PKR can be traded for 0.002672 SHIBTC, and ₨50 PKR can be converted to 0.1336 SHIBTC, excluding any platform or gas fees.
The exchange rate of 1 SHIBTC to Pakistani Rupee has changed by +0.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.75%, reaching a high of 424.13 PKR and a low of 370.34 PKR . One month ago, the value of 1 SHIBTC was ₨ 249.41 PKR , which represents a +50.03% change from its current value. Over the last year, ShibaBitcoin has changed by
+
96.15PKR
, resulting in a change of -62.52% in its value.

SHIBTC to PKR

Amount
05:45 am today
0.5 SHIBTC
187.1
1 SHIBTC
374.2
5 SHIBTC
1,870.99
10 SHIBTC
3,741.97
50 SHIBTC
18,709.86
100 SHIBTC
37,419.72
500 SHIBTC
187,098.6
1000 SHIBTC
374,197.2

PKR to SHIBTC

Amount05:45 am today
0.5PKR0.001336  SHIBTC
1PKR0.002672  SHIBTC
5PKR0.01336  SHIBTC
10PKR0.02672  SHIBTC
50PKR0.1336  SHIBTC
100PKR0.2672  SHIBTC
500PKR1.34  SHIBTC
1000PKR2.67  SHIBTC

Today vs. 24 hours ago

Amount05:45 am today24 hours ago24h change
0.5 SHIBTC$0.6729$0.7065
-4.75%
1 SHIBTC$1.35$1.41
-4.75%
5 SHIBTC$6.73$7.06
-4.75%
10 SHIBTC$13.46$14.13
-4.75%
50 SHIBTC$67.29$70.65
-4.75%
100 SHIBTC$134.58$141.29
-4.75%
500 SHIBTC$672.89$706.47
-4.75%
1000 SHIBTC$1,345.79$1,412.93
-4.75%

Today vs. 1 month ago

Amount05:45 am today1 month ago1M change
0.5 SHIBTC$0.6729$0.4485
+50.03%
1 SHIBTC$1.35$0.8970
+50.03%
5 SHIBTC$6.73$4.49
+50.03%
10 SHIBTC$13.46$8.97
+50.03%
50 SHIBTC$67.29$44.85
+50.03%
100 SHIBTC$134.58$89.7
+50.03%
500 SHIBTC$672.89$448.51
+50.03%
1000 SHIBTC$1,345.79$897.01
+50.03%

Today vs. 1 year ago

Amount05:45 am today1 year ago1Y change
0.5 SHIBTC$0.6729$-0.{5}9060
-62.52%
1 SHIBTC$1.35$-0.{4}1812
-62.52%
5 SHIBTC$6.73$-0.{4}9060
-62.52%
10 SHIBTC$13.46$-0.0001812
-62.52%
50 SHIBTC$67.29$-0.0009060
-62.52%
100 SHIBTC$134.58$-0.001812
-62.52%
500 SHIBTC$672.89$-0.009060
-62.52%
1000 SHIBTC$1,345.79$-0.01812
-62.52%

ShibaBitcoin price prediction

What will the price of SHIBTC be in 2025?

Based on SHIBTC's historical price performance prediction model, the price of SHIBTC is projected to reach $1.81 in 2025.

What will the price of SHIBTC be in 2030?

In 2030, the SHIBTC price is expected to change by +8.00%. By the end of 2030, the SHIBTC price is projected to reach $2.41, with a cumulative ROI of +75.91%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between ShibaBitcoin and PKR.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as ShibaBitcoin and PKR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of ShibaBitcoin in PKR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.