Today Open Market Currency Rates in Pakistan - PKR Exchange Rates


Currency Rate in Pakistan - Latest currency rates in Pakistan according to the Forex Association on 20 May 2022 are US Dollar: PKR 201.50, Euro: PKR 201.00, British Pound: PKR 243.00, Saudi Riyal: PKR 52.50, UAE Dirham: PKR 55.00, Australian Dollar: PKR 138.00. More buying and selling rates are given below.

Currency Symbol Buying Selling
U.S. Dollar USD 200.00 PKR 201.50 PKR
Euro EUR 199.00 PKR 201.00 PKR
British Pound GBP 240.00 PKR 243.00 PKR
UAE Dirham AED 54.00 PKR 55.00 PKR
Saudi Riyal SAR 51.50 PKR 52.50 PKR
Kuwaiti Dinar KWD 481.85 PKR 484.35 PKR
Canadian Dollar CAD 150.00 PKR 152.50 PKR
Australian Dollar AUD 135.00 PKR 138.00 PKR
Omani Riyal OMR 392.95 PKR 394.98 PKR
Japanese Yen JPY 1.41 PKR 1.44 PKR
Malaysian Ringgit MYR 36.75 PKR 37.10 PKR
Qatari Riyal QAR 39.90 PKR 40.50 PKR
Bahrain Dinar BHD 386.50 PKR 388.50 PKR
Thai Bhat THB 4.80 PKR 4.90 PKR
Chinese Yuan CNY 23.55 PKR 23.95 PKR
Hong Kong Dollar HKD 16.60 PKR 16.85 PKR
Danish Krone DKK 23.65 PKR 23.95 PKR
New Zealand Dollar NZD 96.85 PKR 97.55 PKR
Singapore Dollar SGD 134.50 PKR 136.50 PKR
Norwegians Krone NOK 17.50 PKR 17.75 PKR
Swedish Krona SEK 18.80 PKR 19.05 PKR
Swiss Franc CHF 160.35 PKR 161.25 PKR
Indian Rupee INR 2.03 PKR 2.10 PKR
Inter Bank Forex Rates International Forex Rates

Currency Rates in Pakistan

Dollar to PKR Euro to PKR Pound to PKR Dirham to PKR Riyal to PKR Kuwaiti Dinar to PKR Canadian Dollar to PKR Australian Dollar to PKR Omani Riyal to PKR Yen to PKR Malaysian Ringgit to PKR Qatari Riyal to PKR Bahrain Dinar to PKR Thai Bhat to PKR Yuan to PKR Hong Kong Dollar to PKR Danish Krone to PKR New Zealand Dollar to PKR Singapore Dollar to PKR Norwegians Krone to PKR Swedish Krona to PKR Swiss Franc to PKR Indian Rupee to PKR

Open Market Rates in Pakistan

An open market is basically that market of any country to which all economic players have an access to and can do the trade without the tension of extraneous constraints. In easy words open market basically allows free trade between countries. In terms of banking, open market allows the transaction of assets between countries.

The word “open” in open market generally refers to the following characteristics of any market;

  • The extent of competition
  • Any sort / number of cultural constraints which might hinder the trade
  • The number of regulations, government imposes on these markets

Generally these are the constraints that make trade difficult. The lesser the impact of the following on market of any country, the more open is the market of that country. Open market gives equal opportunity to all economic players in the buying and selling of currency, goods, assets etc. An open market is free of tariffs, subsidies and levies, which ensures the participation of more entities in the market. The more open markets of the world are of Canada, Australia, Western Europe and USA whereas North Korea, Brazil and Cuba are comparatively closed markets, allowing lesser number of economic participants to trade in the market.

Currency Exchange

Apart from buying and selling of goods, currencies are also exchanged between open markets of different countries. International banks, most famous being Deutsche Bank, Barclays, HSBC, Standard Chartered, Citi etc are involved in fixing the rate of currency exchange in the global market. One central national bank of every country sets exchange rate of currency on daily basis and this process is known as Foreign Exchange Fixing.

How Currency Exchange Works

The currency exchange rate basically tells us the worth of our money in foreign currency. If we want to purchase or buy a currency, the exchange rate lets us know how much we would have to pay to purchase that currency. Exchange rate for currencies is determined by foreign exchange traders. The exchange rate is also an indicator of building up or weakening of a currency. Before getting your currency exchanged, you ought to know the buying and selling rate of the concerned currency in the market. Usually best deals are offered by National Banks but other than that money can be exchanged at money changers in every country.

In Pakistan, currency can be exchanged at the following;

  • Western Union
  • Dollar East Money Changer
  • Pakistan Currency Exchange Co Pvt Limited
  • AA Exchange, Lahore
  • Paragon Exchange, Lahore
  • Habib Qatar International Exchange Pakistan
  • Wall Street Exchange Co Pvt Ltd
  • Ravi Exchange, Lahore
  • Pay Exchanger, Lahore
  • Link International Exchange Co Pvt Ltd
  • Apni Exchange, Lahore

Elements Affecting Exchange Rates

Exchange rates of any country are affected by three factors;

  • Usually investors around the world would buy any currency depending on the interest rate being paid on the currency by the central bank of that country. More value is imparted to the currency by high interest rates. Investors purchase high value currency and then save it in bank to keep on receiving high interest on it.
  • If there is too much of money supply because of over printing of currency, more money is available but goods to be purchased are less. This leads to bidding of money and devaluation of the currency hence lowering that currency’s exchange rate.
  • The economic growth rate and financial stability of any country push up the exchange rate of its currency in the global market.

Interbank Rate Difference

Currency exchange rates in open market are different from interbank rates. Banks usually charge a higher exchange rate on the currency because of the added interest to it. Banks worldwide have to hold liquid assets to put up with the withdrawal and payments on the part of clients due to which interest is added when it comes to currency purchase or selling. It is suitable for investors to head to bank for currency exchange since they plan on reserving the money to make it double but for common people it is more feasible to visit local money exchangers to get a good deal for their money.

Effect of Exchange Rate on Economy

The economic growth of a country and its currency exchange rate has a directly proportional relationship. Greater the currency exchange rate of a country greater the economic growth of that country. If the economy of a country is strong then more global investors would purchase its goods and services hence buying more of its currency.

The economy of Pakistan has not been in a stable position since a long time due to which our currency continues to devalue hence leading to change in currency exchange rates. When the new government took over recently, the price of Dollar was reduced by 4 points but now again the price has gone up by 9 Rupees giving a hard time to Pakistan’s economy. For people in Pakistan, who want to buy or sell foreign currency, there is no margin for profit. We get lesser amount in return if we purchase foreign currency. Similarly we get less if we sell foreign currency. This is applicable to currencies that have high exchange rate than Pakistani Rupee.

You can get the open market currency exchange rates of US Dollar in Pakistan ($ USD) and all major currencies including Euro EUR, British Pound GBP, Saudi Riyal SAR, UAE Dirham AED, Canadian Dollar CAD and Chinese Yuan. The current buying and selling prices are given which are converted in Pakistani Rupees PKR. There is a very handy tool of Currency Convertor is also available to easily convert any currency online.

Latest Comments

I am running my own business so for that I really need to get updated today open market currency rates in Pakistan. PKR exchanges rates fluctuates uncertainly. 

By: Babar Ali on 26-06-2019

Mhuje pakistani 2 lakh k dollars chye par sath ma slip b chye ha shop

By: Younas on 08-04-2022

Admin San Saudi riyal ke buying ka rate cheq kare

By: M.Usman on 03-03-2022

I need USD(Dollars)

By: Inzamam on 25-02-2022

I want daily currency update in Pakistan

By: Kishan Chand on 23-02-2022


By: Iftikhar on 01-02-2022

I have Old coins American one cent 1974 and one cent 1985 03063634181 call me i want two selle ?

By: ALi Raza on 23-01-2022

Nice app

By: Qasim on 12-01-2022

I need 600 USD dollar any body have so contact me on this no 03136939672

By: Sarfaraz on 25-12-2021

I have 550 darham anybody contact me 03355388487

By: Yasir on 05-12-2021

How to sale EURO CANT old coin in Pakistan plizee ghuid me

By: Shahid on 21-03-2021

Mere pass Euro k old coin hai me sale karna chata ho ksiy ko chaiy to contact kre03182813930

By: Shahid on 21-03-2021

I have 15000 Sr any one interested 03493311673

By: Salman on 19-03-2021

I need 500000 turkash lira 03497749209

By: Ali on 19-03-2021

SOM currency exchange ho jati ha Pakistan my agr ho jati to btana kisi ko pta ho to 03054090161

By: Awais Shabbir on 18-03-2021

I have euros if Someone need contact me03065973979

By: Dani on 08-03-2021

I have 18000 SAR in abbottabad if anybody want Contact me . 03144427222

By: Moazzam on 07-03-2021

If anyone need euro contect me (ossikhan77@)

By: Khan on 01-03-2021

irani riyal aur iraq damnit la rates

By: 03239823898 on 09-02-2021

I have 6000 Euro in Mardan. If anybody need Call me. 923169549372

By: Ilyas Khab on 03-02-2021

I have 50k AED in Hazro. 03088998759

By: Muhammad Tufail on 26-01-2021

500000 Turkiye lirasi old note i want to sell i can come to islamabad or rawalpindi to bring note any on intrested

By: Iftakhar on 22-01-2021

Kisi nay canada se dollar bijwanay ho tu rabta keray 03335551963

By: Butt on 15-01-2021

I have Qatar riyal any one needed then contact 03043463399

By: M. Sufyan on 12-01-2021

I NEED turkish lira told me 00923049820098

By: IHSAN on 11-01-2021

اَلسَلامُ عَلَيْكُم وَرَحْمَةُ اَللهِ وَبَرَكاتُهُ‎

By: Waqar Jaffar on 08-01-2021

I have rayal 10000 Lahore any one buying please cont 03217769733

By: Yaseen on 08-01-2021

Mere pas 25000 rial hai liken rate hai 25000x44= 1100000

By: Azad on 06-01-2021

I need 90000 AED TO BE DEPOSITED / transferred to my Dubai bank account. Can pay equal PKR here in Islamabad. Please contact ic any one itrested on 0310-5688716

By: Aurangzeb on 04-01-2021

I have 22500 us dollar if any body need plz call me on 0331 4656123

By: Atif on 04-01-2021

U have 80000 Saudi riyals i want to sales contact number 03059959909

By: M.Rafi on 27-12-2020

I have 80000 riyals i want to sales any one needed contact me

By: M Rafi on 27-12-2020

I have 80000 I want to sales

By: M Rafi on 22-12-2020

Merepad Saudi 50000 rialhai ages koi is is waqt 43 ka lina chahta hai to rabta kare

By: Azad Bakht on 22-12-2020

اگر کسی کو ریال چاہیے تو میرے پاس موجود ہیں اگر کوی 43 ریٹ دے تو

By: ازادبخت on 22-12-2020

Afghan crruncy kisi ko chaye tu rabta

By: M.Afsar on 19-12-2020

اگر کسی کو امریکی ڈالر کی ضرورت ہو تو رابطہ کر سکتا ہے 03157897779

By: Umair Ghumman on 03-12-2020

AoA hi everyone I am sell a old turkish lira so plz koi side ya link ya koi sale karwa dey contact me my gmail zeeshanirshad724@

By: Zeeshan on 02-12-2020

I sell USD$ Content me. 03157897779

By: Umair on 02-12-2020

i have 105 euro cent for sale any one to purchase please contact me on whats app number 923114092932

By: Maham on 01-12-2020

I have 5000 Turkish lira any ine want so contact#03003575929

By: Shahid on 24-11-2020

Mujhe Swiss ropes Pakistani ma convert krna hai Karachi ma

By: S on 23-11-2020

Pakistan Stock exchange is shown as points, but surprising the arrow sign is shown as upward (positive)

By: Muhammad Ejaz on 18-11-2020

I have 19500 Saudi riyal any one interested. Contact no 0332 9090954 peshawar

By: Khateeb on 15-11-2020

Soon dollar will come to Rs be in 15 to 20 days. In mid June 2021 it will be on 133 Rs. This will be actual value

By: TARIQ on 13-11-2020

i have 11000 usd 03218484003

By: Sakandar Saeed on 12-11-2020

I have shop me ny 1/5 lac invest kia hua hai mujhy investor ki zroorat hai 50k ya maximum koi invest krna chaye to please contect us 50 k 1lac de skta hun agr per month ly to 6 month me clear krwa du ga Whatsapp = 03137117446

By: Samii on 11-11-2020

Iraqi dinar ki revalue ya current conditions k bare me b report den plzzz

By: Arshad on 03-11-2020

Plzzz iraqi dinar ky bary me os ki revalue k bare me report

By: Arshad Butt on 03-11-2020

I have $3500 dollars i sale to every me now at this number 03334777991

By: Rana Jahanzeb on 02-11-2020