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Steem to Pakistani Rupee Converter and calculator

Convert 1Steem (STEEM) to Pakistani Rupee (PKR) equals ₨ 59.46 | 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 Steem(STEEM) to Pakistani Rupee(PKR). This is the real-time data. The current conversion shows 1 STEEM at a value of 1 STEEM for 59.46 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 Steem currency pair is the STEEM to PKR, with for Steem's currency code being STEEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for PKR.

STEEM to PKR conversion rate trend

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In the past 1D, Steem has changed +7.39% to PKR. Based on the trend and price charts, Steem(STEEM) has changed +7.39% to PKR while Pakistani Rupee(PKR) has changed % to STEEM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₨58.31
0.0200% / 0.0320%vip-iconVIP 7
Binance
₨59.06
0.1000% / 0.1000%
Yes
Huobi
₨59.01
0.1000% / 0.1000%
Yes
Gate.io
₨59.15
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 00:00:19(UTC+0)

How to buy Steem

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Steem (STEEM)
Use a variety of payment options to buy Steem on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of STEEM to PKR. However, you can first exchange STEEM 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
Payment methods
Zero fees
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What factors influence the conversion rate of Steem to Pakistani Rupee?

Steem to Pakistani Rupee is falling this week.
Steem's current market price is ₨ 59.46 per STEEM, with a total market cap of ₨ 28,493,768,844.41 PKR based on a circulating supply of 479,194,900 STEEM. The trading volume of Steem has changed by +709.11% (₨ 76,584,316,992.52 PKR) in the last 24 hours. Last trading day, STEEM's trading volume was ₨ 10,800,073,809.86.
Market cap
$102.80M
24h volume
$315.28M
Circulating supply
479.19M STEEM

Conversion tables

The exchange rate of Steem is decreasing.
1 STEEM is currently valued at ₨ 59.46 PKR , which means buying 5 STEEM will cost ₨ 297.31 PKR . Similarly, ₨1 PKR can be traded for 0.01682 STEEM, and ₨50 PKR can be converted to 0.8409 STEEM, excluding any platform or gas fees.
The exchange rate of 1 STEEM to Pakistani Rupee has changed by -15.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.39%, reaching a high of 77.58 PKR and a low of 55.22 PKR . One month ago, the value of 1 STEEM was ₨ 63.22 PKR , which represents a -5.95% change from its current value. Over the last year, Steem has changed by
-
10.58PKR
, resulting in a change of -15.11% in its value.

STEEM to PKR

Amount
08:09 am today
0.5 STEEM
29.73
1 STEEM
59.46
5 STEEM
297.31
10 STEEM
594.62
50 STEEM
2,973.09
100 STEEM
5,946.18
500 STEEM
29,730.88
1000 STEEM
59,461.75

PKR to STEEM

Amount08:09 am today
0.5PKR0.008409  STEEM
1PKR0.01682  STEEM
5PKR0.08409  STEEM
10PKR0.1682  STEEM
50PKR0.8409  STEEM
100PKR1.68  STEEM
500PKR8.41  STEEM
1000PKR16.82  STEEM

Today vs. 24 hours ago

Amount08:09 am today24 hours ago24h change
0.5 STEEM$0.1073$0.09988
+7.39%
1 STEEM$0.2145$0.1998
+7.39%
5 STEEM$1.07$0.9988
+7.39%
10 STEEM$2.15$2
+7.39%
50 STEEM$10.73$9.99
+7.39%
100 STEEM$21.45$19.98
+7.39%
500 STEEM$107.27$99.88
+7.39%
1000 STEEM$214.54$199.77
+7.39%

Today vs. 1 month ago

Amount08:09 am today1 month ago1M change
0.5 STEEM$0.1073$0.1141
-5.95%
1 STEEM$0.2145$0.2281
-5.95%
5 STEEM$1.07$1.14
-5.95%
10 STEEM$2.15$2.28
-5.95%
50 STEEM$10.73$11.41
-5.95%
100 STEEM$21.45$22.81
-5.95%
500 STEEM$107.27$114.06
-5.95%
1000 STEEM$214.54$228.11
-5.95%

Today vs. 1 year ago

Amount08:09 am today1 year ago1Y change
0.5 STEEM$0.1073$0.1264
-15.11%
1 STEEM$0.2145$0.2527
-15.11%
5 STEEM$1.07$1.26
-15.11%
10 STEEM$2.15$2.53
-15.11%
50 STEEM$10.73$12.64
-15.11%
100 STEEM$21.45$25.27
-15.11%
500 STEEM$107.27$126.36
-15.11%
1000 STEEM$214.54$252.71
-15.11%

Steem price prediction

What will the price of STEEM be in 2025?

Based on STEEM's historical price performance prediction model, the price of STEEM is projected to reach $0.3045 in 2025.

What will the price of STEEM be in 2030?

In 2030, the STEEM price is expected to change by +6.00%. By the end of 2030, the STEEM price is projected to reach $0.5641, with a cumulative ROI of +179.98%.

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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 Steem 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 Steem 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 Steem 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.