Today's PKR to JPY Price Update

Summary

This report provides the real-time exchange rate between the Pakistani Rupee (PKR) and Japanese Yen (JPY), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Pakistani Rupee (PKR) is the official fiat currency of Pakistan, while the Japanese Yen (JPY) is one of the world’s major reserve currencies. The exchange rate between them reflects market sentiment toward both currencies and serves as an important indicator for cross-border trade and investment flows between the two regions.

Today’s Price

• 1 PKR = 0.556 JPY
• 24h High: 0.55811 JPY
• 24h Low: 0.55451 JPY

Market Analysis

The PKR/JPY pair exhibits mixed technical signals with multiple moving averages showing buy signals across different timeframes (MA5, MA10, MA20, MA50, and MA100).

• Technical levels: Fibonacci pivot point performance value at 0.5587 JPY, with resistance levels identified at 0.5589–0.5593 JPY
• Risk note: The currency pair remains volatile with intraday fluctuations; traders should exercise caution and employ proper risk management strategies
• Trading opportunities: Monitor for potential entry points near key support levels and Fibonacci retracement zones

Conclusion

Continue to monitor the PKR/JPY pair closely, integrating technical indicators and pivot point analysis into your trading strategy. The current technical setup suggests cautious optimism, but traders should remain vigilant regarding broader macroeconomic factors affecting both currencies.