Every country has its own currency (like USD in the US, PKR in Pakistan, INR in India, EUR in Europe, e

Exchange rates are not fixed globally — they change daily depending on:

1. Supply & Demand (how much people want to buy/sell that currency).

2. Country’s Economy (inflation, GDP, trade balance, etc.).

3. Interest Rates (higher interest attracts more foreign investment, raising currency value).

4. Political Stability (uncertainty lowers investor confidence and weakens the currency).

5. Global Trade (export-driven countries often have stronger currencies).

📌 Example:

If 1 USD = 300 PKR, that means 1 US Dollar can be exchanged for 300 Pakistani Rupees.

If the PKR weakens, the rate may become 1 USD = 320 PKR.

If it strengthens, it could be 1 USD = 280 PKR.