Lexi Webster
Austria's currency is the Euro, which has been used officially since 1999/2002. Before the Euro, the Schilling was the currency of Austria from 1925 to 1938 and then again between 1945 and 1999. The latest exchange rates show 1 Austrian Euro is equal to 144.12 Pakistani Rupees. The Austrian Schilling is now obsolete, but it can still be converted to other currencies. As of March 2025, 1 Austrian Schilling was equal to approximately 21.35-21.99 Pakistani Rupees.
| Characteristics | Values |
|---|---|
| Austria's Currency | Euro (since 1999/2002) |
| Euro Symbol | € |
| Euro Composition | 100 cents |
| Austrian Currency Before Euro | Schilling (German Schilling) |
| Austrian Schilling Symbol | ATS |
| Austrian Schilling Composition | 100 paisa |
| Pakistani Currency | Pakistani Rupee |
| Pakistani Rupee Symbol | Rs |
| Pakistani Rupee Composition | 100 paisa |
| 1 Austrian Schilling to Pakistani Rupee Exchange Rate | 1 ATS = 21.987148 PKR |
| 1 Pakistani Rupee to Austrian Schilling Exchange Rate | 1 PKR = 0.0454811 ATS |
| Best Day to Exchange ATS for PKR | Monday, 10 March 2025 |
| Worst Day to Exchange ATS for PKR | Friday, 10 January 2025 |
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What You'll Learn
The current exchange rate of the Austrian Euro to Pakistani Rupee
The official currency of Austria is the Euro, which has been in use since 1999/2002. Before the adoption of the Euro, the country used the Austrian Schilling as its currency.
As of March 25, 2025, the exchange rate for the Austrian Schilling to Pakistani Rupee was 1 Austrian Schilling to 21.987148 Pakistani Rupees. This means that 1 Pakistani Rupee equalled 0.0454811 Austrian Schillings.
It is important to note that the Austrian Schilling is now an obsolete currency. Therefore, the exchange rate provided is for informational purposes only and does not reflect the current market rate.
The Euro, on the other hand, is the shared currency of several European countries, including Germany, France, Spain, and Italy, among others. As of January 10, 2025, the exchange rate for the Euro to the Pakistani Rupee was at its lowest, with 100 Euros equalling 2,075.6670 Pakistani Rupees. In contrast, the exchange rate reached its highest value on March 10, 2025, when 100 Euros amounted to 2,310.6982 Pakistani Rupees.
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The Austrian Schilling to Pakistani Rupee conversion rate in 2025
The Austrian Schilling is not used in Austria anymore. The country's official currency is the Euro, which has been in use since 1999/2002. Before the adoption of the Euro, the Schilling was the currency of Austria from 1925 to 1938 and then between 1945 and 2002.
As of 25 March 2025, 1 Austrian Schilling equalled 21.987148 Pakistani Rupees. This rate is provided for informational purposes only and may not be the rate you receive when sending money.
The best day to change Austrian Schillings into Pakistani Rupees in 2025 was Monday, 10 March 2025. On this day, 100 Austrian Schillings equalled 2310.6982 Pakistani Rupees. The worst day to change Austrian Schillings into Pakistani Rupees in 2025 was Friday, 10 January 2025. On this day, the exchange rate had fallen to its lowest value, with 100 Austrian Schillings equalling 2075.6670 Pakistani Rupees.
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The history of Austrian currency
The Austrian krone (or kronen in plural) was the currency of Austria, then known as German-Austria, and Liechtenstein. This was after the dissolution of the Austro-Hungarian Empire in 1919 until 1925. The kronen was introduced in 1892 when the gold standard was adopted. The Austrian schilling was introduced in 1925, replacing the krone. The schilling was established by the Schilling Act (Schillingrechnungsgesetz) of 20 December 1924, at a rate of one schilling to 10,000 kronen.
The Oesterreichische Nationalbank issued notes in denominations of 1, 5, 10, 20, 100, and 1,000 schillings in 1925. In 1927-1929, a second series was added with 5, 10, 20, 50, and 100 schilling notes. The one schilling was substituted by a coin. In 1945, the Allies introduced notes (dated 1944) in denominations of 50 groschen, 1, 2, 5, 10, 20, 25, 50, 100, and 1,000 schillings. The Oesterreichische Nationalbank also introduced notes in 1945, in denominations of 10, 20, 100, and 1,000 schillings. The banknote reform of 1947 introduced new notes in denominations of 5, 10, 20, 50, 100, and 1,000 schillings.
In 1957, the first 500 schilling banknote was issued, and the 5 and 10 schilling notes were replaced by coins. Between 1947 and 1952, coins in denominations of 1, 2, 5, 10, 20, and 50 groschen; and 1, 2, and 5 schillings were introduced. In 1957, silver 10 schilling coins were introduced, followed in 1959 by aluminium-bronze 50 groschen and 1 schilling, and in 1960 by silver 5 schilling coins.
The currency stabilised in the 1950s, with the schilling being tied to the U.S. dollar at a rate of $1 = 26 schillings. Following the breakdown of the Bretton Woods system in 1971, the schilling was initially tied to a basket of currencies until July 1976, when it was coupled to the German mark. The euro became the official currency of Austria in 1999, although euro coins and notes were not introduced until 2002. Old schilling-denominated coins and notes were phased out from circulation by 28 February 2002.
Today, the official currency of Austria is the euro, which is shared with numerous other European countries within the Eurozone.
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The history of the Pakistani Rupee
The Pakistani rupee, with the currency code PKR and the symbol ₨, is the official currency of Pakistan. The Pakistani rupee was introduced in 1948, a year after the country gained independence from British rule in 1947.
Following independence in 1947, the Pakistani government issued an order designating the Reserve Bank of India (RBI) as the temporary monetary authority for both India and Pakistan until 30 September 1948. During this time, currency notes issued by the RBI and the Government of India were legal tender in Pakistan, with the addition of inscriptions in Urdu and English. Modified RBI notes in denominations of 2, 5, 10, and 100 rupees, and 1-rupee notes from the Government of India, were circulated. In 1948, coins were introduced in denominations of 1 pice, and the Pakistani rupee was formally introduced, maintaining its linkage to the British pound.
In 1949, the Pakistani government established a national security printing facility, the Pakistan Security Printing Corporation (PSPC), which used the intaglio printing process due to concerns about counterfeiting and regional security issues with India. The PSPC started printing lower denomination notes from July 1953, and the State Bank of Pakistan took over all national banknote production in 1963.
In 1961, the Pakistani rupee underwent decimalisation, with the rupee subdivided into 100 pice, renamed paise (singular paisa). In 1982, the Pakistani rupee's value was uncoupled from the British currency by General Zia-ul-Haq, transforming it into a floating currency. This led to a sharp depreciation of about 40% in the 1980s.
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The Austrian Euro to Pakistani Rupee conversion rate in 2022
The official currency of Austria is the Euro, which has been in use since 1999/2002. Before the adoption of the Euro, the Austrian Schilling was the country's currency from 1925 to 1938 and then again between 1945 and 2002.
As of March 2025, 1 Austrian Schilling is equivalent to 21.987148 Pakistani Rupees, or PKR. This data is based on projections, for informational purposes only, and does not represent the rate one would receive when sending money.
The best day to exchange Austrian Schillings for Pakistani Rupees was Monday, March 10, 2025, when the currency reached its highest value. On that day, 100 Austrian Schillings were equal to 2310.6982 Pakistani Rupees. Conversely, the worst day to exchange was Friday, January 10, 2025, when the currency fell to its lowest value. On that day, 100 Austrian Schillings were equal to 2075.6670 Pakistani Rupees.
It is important to note that the Austrian Schilling is now obsolete, and the Euro is the standard currency in Austria. For current exchange rates and to understand the value of the Euro in Pakistani Rupees, it is advisable to refer to reputable financial sources and currency converters.
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Frequently asked questions
The official currency of Austria is the Euro.
The Austrian Schilling was the currency of Austria from 1925 to 1938 and then between 1945 and 2002, before the country adopted the Euro.
As of March 25, 2025, 1 Austrian Schilling is equal to approximately 21.99 Pakistani Rupees.
The best day to change Pakistani Rupees in Austrian Schillings was Friday, January 10, 2025. On that day, 1000 Pakistani Rupees were equal to 48.17729 Austrian Schillings.
The symbol for the Pakistani Rupee is Rs.
