Open Market
Today Currency Rate in Pakistan
Current Open Market Currency Rates in Pakistan - USD to PKR 279.3, Euro to PKR 302, GBP to PKR 352.5, Saudi Riyal to PKR 74.45, UAE Dirham to PKR 76.3, Forex Association of Pakistan has provided the updated list of buying and selling rates as of May 4, 2024 at 09:25 AM. Stay informed about the latest currency conversions in Pakistan.
| CURRENCY | SYMBOL | BUYING | SELLING |
|---|---|---|---|
 US Dollar | USD | 279.3 | 282.2 |
 Euro | EUR | 302 | 305 |
 British Pound | GBP | 352.5 | 357 |
 UAE Dirham | AED | 76.3 | 77 |
 Saudi Riyal | SAR | 74.45 | 75.2 |
 Kuwaiti Dinar | KWD | 908.36 | 917.36 |
 Canadian Dollar | CAD | 207 | 209.2 |
 Australian Dollar | AUD | 181 | 183 |
 Omani Riyal | OMR | 725.26 | 733.26 |
 Japanese Yen | JPY | 2.1 | 2.18 |
 Malaysian Ringgit | MYR | 58.86 | 58.86 |
 Qatari Riyal | QAR | 76.72 | 77.42 |
 Bahrain Dinar | BHD | 743.19 | 751.19 |
 Thai Bhat | THB | 7.78 | 7.93 |
 Chinese Yuan | CNY | 38.81 | 39.21 |
 Hong Kong Dollar | HKD | 35.71 | 36.06 |
 Danish Krone | DKK | 40.6 | 41 |
 New Zealand Dollar | NZD | 170.65 | 172.65 |
 Singapore Dollar | SGD | 207 | 209 |
 Norwegian Krone | NOK | 26.44 | 26.74 |
 Swedish Krona | SEK | 27.06 | 27.36 |
 Swiss Franc | CHF | 316.04 | 318.54 |
 Indian Rupee | INR | 3.37 | 3.48 |
Open Market Currency Rates In Pakistan
When talk about the Pakistan exchange rate, the open market rates have a great significance as it offers overall outlook about the latest situation and trending scenarios in the market. As the free trade is become much common in the world, it is now crucial for Pakistani organizations to be aware about the Currency Rate in Pakistan including its key cities such as Karachi, Lahore, Islamabad and Peshawar.
Pakistani rupee exchange rate in this week at open market faced slight fluctuation. In Pakistan, foreign currency exchange rates fluctuate on a daily basis, thus the market and determining factors have an impact. Today currency rate in Pakistan Dollar to PKR open market is 325, Euro is 353, British Pound to PKR open market is 411, UAE and Dirham is 89. The open market rates provided by Pakistani currency exchange traders used to compute the USD/PKR exchange rate. Bank exchange rates for the US dollar, on the other hand, slightly lower than those available on the open market or at currency exchanges.
Introduction About Currency Exchange
Aside from purchasing and selling of products, monetary standards are additionally exchanged between open markets rates of various nations. Worldwide banks, most popular being Deutsche Bank, Barclays, HSBC, Standard Chartered, Citi and so forth are associated with fixing the pace of currency rate exchange at the international level.
In Pakistan, you can exchange money as follows:
1. Pakistan Currency Exchange Company (Pvt.) Ltd.
2. NBP Exchange Company Ltd.
3. HBL Currency Exchange (Pvt.) Ltd.
4. AA Exchange Company (Pvt.) Ltd.
5. Al-Rahim Exchange Company(Pvt.) Ltd.
6. D.D Exchange Company (Pvt.) Ltd.
7. Al-Hameed Int’l. Money Ex (Pvt.) Ltd.
8. Al-Sahara Exchange Company (Pvt.) Ltd.
9. Dollar East Exchange Company (Pvt.) Ltd.
10. Fairdeal Exchange Company (Pvt.) Ltd.
11. Money Link Exchange Company (Pvt.) Ltd.
12. Glaxy Exchange Company (Pvt.) Ltd.
Factors That Can Influence Exchange Rates
1. First, the monetary development rate and money related steadiness of any nation push up the exchange pace of its currency in the worldwide market.
2. On the off chance that there is a lot of cash supply in light of over printing of currency, more cash is accessible yet merchandise to be obtained are less. This prompts offering of cash and debasement of the currency subsequently bringing down that currency rate.
Impact of Exchange Rate on Economy
The monetary development of a nation and its currency rate has a straightforwardly corresponding relationship. More noteworthy the currency exchange pace of a nation more noteworthy the monetary development of that nation.
By utilizing this page, you can easily access the latest currency rate in Pakistan including usd to pkr open market rate and different currencies such as the Saudi Riyal to PKR rate, United Arab Emirates Dirham rate in Pakistan, Euro rate in Pakistan and etc.
Disclaimer: The content on this page has been sourced from reputable third-party channels within the relevant industry. Its primary purpose is to provide general information to our users. It 's important to note that Info Ki Dunya does not provide endorsements or recommendations for any trading advice, nor can we guarantee the accuracy of the data presented here.