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IOST to Pakistani Rupee Converter and calculator

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Convert 1IOST (IOST) to Pakistani Rupee (PKR) equals ₨ 1.21 | Bitget
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Last updated as of 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 IOST(IOST) to Pakistani Rupee(PKR). This is the real-time data. The current conversion shows 1 IOST at a value of 1 IOST for 1.21 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 IOST currency pair is the IOST to PKR, with for IOST's currency code being IOST. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

IOST to PKR conversion rate trend

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In the past 1D, IOST has changed -1.25% to PKR. Based on the trend and price charts, IOST(IOST) has changed -1.25% to PKR while Pakistani Rupee(PKR) has changed % to IOST in the last 24 hours.

IOST to PKR market statistics

IOST/PKR:
₨ 1.21
IOST 24h volume:
₨ 4,758,820,322.31
IOST market cap:
₨ 27,764,248,032.67
IOST circulating supply:
22.91B IOST

Current IOST to PKR exchange rate

IOST to Pakistani Rupee is falling this week.
IOST's current market price is ₨ 1.21 per IOST, with a total market cap of ₨ 27,764,248,032.67 PKR based on a circulating supply of 22,911,123,000 IOST. The trading volume of IOST has changed by -8.73% (₨ -455,056,764.37 PKR) in the last 24 hours. Last trading day, IOST's trading volume was ₨ 5,213,877,086.68.

IOST to PKR Conversion tables

The exchange rate of IOST is decreasing.
1 IOST is currently valued at ₨ 1.21 PKR , which means buying 5 IOST will cost ₨ 6.06 PKR . Similarly, ₨1 PKR can be traded for 0.8252 IOST, and ₨50 PKR can be converted to 41.26 IOST, excluding any platform or gas fees.
The exchange rate of 1 IOST to Pakistani Rupee has changed by -6.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 1.23 PKR and a low of 1.2 PKR . One month ago, the value of 1 IOST was ₨ 1.41 PKR , which represents a -13.92% change from its current value. Over the last year, IOST has changed by
-
1.46PKR
, resulting in a change of -54.59% in its value.

IOST to PKR

Amount
04:59 am today
0.5 IOST
0.6059
1 IOST
1.21
5 IOST
6.06
10 IOST
12.12
50 IOST
60.59
100 IOST
121.18
500 IOST
605.91
1000 IOST
1,211.82

PKR to IOST

Amount04:59 am today
0.5PKR0.4126  IOST
1PKR0.8252  IOST
5PKR4.13  IOST
10PKR8.25  IOST
50PKR41.26  IOST
100PKR82.52  IOST
500PKR412.6  IOST
1000PKR825.2  IOST
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IOST to PKR Today vs. 24 hours ago

Amount04:59 am today24 hours ago24h change
0.5 IOST₨0.6059₨0.6136
-1.25%
1 IOST₨1.21₨1.23
-1.25%
5 IOST₨6.06₨6.14
-1.25%
10 IOST₨12.12₨12.27
-1.25%
50 IOST₨60.59₨61.36
-1.25%
100 IOST₨121.18₨122.72
-1.25%
500 IOST₨605.91₨613.58
-1.25%
1000 IOST₨1,211.82₨1,227.16
-1.25%

IOST to PKR Today vs. 1 month ago

Amount04:59 am today1 month ago1M change
0.5 IOST₨0.6059₨0.7039
-13.92%
1 IOST₨1.21₨1.41
-13.92%
5 IOST₨6.06₨7.04
-13.92%
10 IOST₨12.12₨14.08
-13.92%
50 IOST₨60.59₨70.39
-13.92%
100 IOST₨121.18₨140.79
-13.92%
500 IOST₨605.91₨703.93
-13.92%
1000 IOST₨1,211.82₨1,407.87
-13.92%

IOST to PKR Today vs. 1 year ago

Amount04:59 am today1 year ago1Y change
0.5 IOST₨0.6059₨1.33
-54.59%
1 IOST₨1.21₨2.67
-54.59%
5 IOST₨6.06₨13.34
-54.59%
10 IOST₨12.12₨26.69
-54.59%
50 IOST₨60.59₨133.43
-54.59%
100 IOST₨121.18₨266.87
-54.59%
500 IOST₨605.91₨1,334.33
-54.59%
1000 IOST₨1,211.82₨2,668.66
-54.59%

How to convert IOST to PKR

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Convert IOST to PKR
Use a variety of payment options to buy IOST on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of IOST with PKR. However, you can buy USDT in Bitget P2P trading first, and then buy IOST with USDT via Bitget spot market.
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Sell IOST (or USDT) for PKR (Pakistani Rupee) offers

Bitget P2P trading currently does not support direct selling of IOST to PKR. However, you can first exchange IOST 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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What factors influence the conversion rate of IOST to PKR?

There are many factors that affect the relationship between IOST and Pakistani Rupee, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of IOST/PKR. When there is positive news in the market about the widespread adoption of IOST or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IOST/PKR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IOST/PKR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of IOST/PKR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of IOST and adjust their investment strategies accordingly in the evolving market.

IOST price prediction

What will the price of IOST be in 2026?

Based on IOST's historical price performance prediction model, the price of IOST is projected to reach $0.004245 in 2026.

What will the price of IOST be in 2031?

In 2031, the IOST price is expected to change by +29.00%. By the end of 2031, the IOST price is projected to reach $0.006647, with a cumulative ROI of +51.99%.

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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 IOST 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 IOST 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 IOST 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.