Today's PKR to LBP Price Update

Summary

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

Definition

The Pakistani Rupee (PKR) is a major fiat currency in South Asia, while the Lebanese Pound (LBP) serves as the currency of Lebanon. The exchange rate between them reflects market conditions and cross-border economic activities between the two regions.

Today’s Price

• 1 PKR = 317.69 LBP
• 24h High: 322.0227 LBP
• 24h Low: 317.4631 LBP
• Current Rate: 320.3259 LBP

Market Analysis

The PKR/LBP pair is currently trading in a neutral zone, with technical indicators showing balanced market sentiment.

• Technical levels: The 14-day Relative Strength Index (RSI) stands at 46.894, indicating a Neutral market condition with no clear directional bias
• Historical performance: Over the past year, PKR/LBP has changed by -0.38%, trading within a 52-week range of 313.02 to 321.95 LBP
• Trading opportunities: Monitor price action within the established range; potential breakout opportunities may emerge at the 52-week extremes

Conclusion

Continue to monitor the PKR/LBP pair closely. With the pair trading near neutral technical conditions and within established historical ranges, traders should remain vigilant for potential directional shifts and adjust strategies accordingly based on emerging market signals.