Discover the latest currency rates in Pakistan as of December 28, 2023. Stay informed about the exchange values, trends, and the impact on the economy.
Today’s Rates
Today’s currency rates in the open market are as follows:
- US Dollar to PKR: Buying at 282 PKR, Selling at 284.5 PKR
- Euro to PKR: Buying at 309.5 PKR, Selling at 312.5 PKR
- British Pound to PKR: Buying at 358 PKR, Selling at 361.5 PKR
- UAE Dirham to PKR: Buying at 77 PKR, Selling at 77.8 PKR
- Saudi Riyal to PKR: Buying at 75 PKR, Selling at 75.8 PKR
For a comprehensive list, refer to the table below:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| US Dollar | 282 PKR | 284.5 PKR |
| Euro | 309.5 PKR | 312.5 PKR |
| British Pound | 358 PKR | 361.5 PKR |
| UAE Dirham | 77 PKR | 77.8 PKR |
| Saudi Riyal | 75 PKR | 75.8 PKR |
| … | … |
Importance of Exchange Rates
Understanding the exchange rates is crucial for businesses and individuals involved in international trade. The open market rates play a significant role in shaping economic conditions and trade scenarios in cities like Karachi, Lahore, Islamabad, and Peshawar.
Fluctuations in the Market
The open market rates in Pakistan often experience slight fluctuations due to various factors. The rates provided by currency exchange traders are used to calculate the USD/PKR exchange rate. Comparatively, bank exchange rates for the US dollar may be slightly lower than those in the open market.
Currency Exchange in Pakistan
To facilitate currency exchange, several reputable institutions in Pakistan include:
- Pakistan Currency Exchange Company (Pvt.) Ltd.
- NBP Exchange Company Ltd.
- HBL Currency Exchange (Pvt.) Ltd.
- AA Exchange Company (Pvt.) Ltd.
- Al-Rahim Exchange Company(Pvt.) Ltd.
- D.D Exchange Company (Pvt.) Ltd.
- Al-Hameed Int’l. Money Ex (Pvt.) Ltd.
- Al-Sahara Exchange Company (Pvt.) Ltd.
- Dollar East Exchange Company (Pvt.) Ltd.
- Fairdeal Exchange Company (Pvt.) Ltd.
- Money Link Exchange Company (Pvt.) Ltd.
- Glaxy Exchange Company (Pvt.) Ltd.
Factors Influencing Exchange Rates
Several factors can influence exchange rates, including:
- Economic Growth: A country’s economic growth rate impacts its currency’s exchange rate globally.
- Money Supply: Overprinting of currency can lead to inflation and a decrease in the currency’s value.
- Government Policies: Policies related to trade, taxation, and international relations can affect exchange rates.
Impact on the Economy
Exchange rates and a nation’s economic growth share a directly proportional relationship. A higher currency exchange rate often correlates with greater economic development.
Stay informed about the latest currency rates to make informed decisions regarding international trade, travel, and financial transactions.
By regularly checking this page, you can access the most up-to-date currency rates in Pakistan, including USD to PKR open market rates and rates for other currencies like the Saudi Riyal to PKR, United Arab Emirates Dirham rate in Pakistan, Euro rate in Pakistan, and more.
Remember, these rates are subject to change, so it’s advisable to stay updated for accurate information.
Discover the latest currency rates in Pakistan as of December 28, 2023. Stay informed about the exchange values, trends, and the impact on the economy.
Today’s Rates
Today’s currency rates in the open market are as follows:
- US Dollar to PKR: Buying at 282 PKR, Selling at 284.5 PKR
- Euro to PKR: Buying at 309.5 PKR, Selling at 312.5 PKR
- British Pound to PKR: Buying at 358 PKR, Selling at 361.5 PKR
- UAE Dirham to PKR: Buying at 77 PKR, Selling at 77.8 PKR
- Saudi Riyal to PKR: Buying at 75 PKR, Selling at 75.8 PKR
For a comprehensive list, refer to the table below:
| Currency | Buying Rate | Selling Rate |
|---|---|---|
| US Dollar | 282 PKR | 284.5 PKR |
| Euro | 309.5 PKR | 312.5 PKR |
| British Pound | 358 PKR | 361.5 PKR |
| UAE Dirham | 77 PKR | 77.8 PKR |
| Saudi Riyal | 75 PKR | 75.8 PKR |
| … (Complete list) | … | … |
Importance of Exchange Rates
Understanding the exchange rates is crucial for businesses and individuals involved in international trade. The open market rates play a significant role in shaping economic conditions and trade scenarios in cities like Karachi, Lahore, Islamabad, and Peshawar.
Fluctuations in the Market
The open market rates in Pakistan often experience slight fluctuations due to various factors. The rates provided by currency exchange traders are used to calculate the USD/PKR exchange rate. Comparatively, bank exchange rates for the US dollar may be slightly lower than those in the open market.
Currency Exchange in Pakistan
To facilitate currency exchange, several reputable institutions in Pakistan include:
- Pakistan Currency Exchange Company (Pvt.) Ltd.
- NBP Exchange Company Ltd.
- HBL Currency Exchange (Pvt.) Ltd.
- AA Exchange Company (Pvt.) Ltd.
- Al-Rahim Exchange Company(Pvt.) Ltd.
- D.D Exchange Company (Pvt.) Ltd.
- Al-Hameed Int’l. Money Ex (Pvt.) Ltd.
- Al-Sahara Exchange Company (Pvt.) Ltd.
- Dollar East Exchange Company (Pvt.) Ltd.
- Fairdeal Exchange Company (Pvt.) Ltd.
- Money Link Exchange Company (Pvt.) Ltd.
- Glaxy Exchange Company (Pvt.) Ltd.
Factors Influencing Exchange Rates
Several factors can influence exchange rates, including:
- Economic Growth: A country’s economic growth rate impacts its currency’s exchange rate globally.hu
- Money Supply: Overprinting of currency can lead to inflation and a decrease in the currency’s value.
- Government Policies: Policies related to trade, taxation, and international relations can affect exchange rates.
Impact on the Economy
Exchange rates and a nation’s economic growth share a directly proportional relationship. A higher currency exchange rate often correlates with greater economic development.
Stay informed about the latest currency rates to make informed decisions regarding international trade, travel, and financial transactions.
By regularly checking this page, you can access the most up-to-date currency rates in Pakistan, including USD to PKR open market rates and rates for other currencies like the Saudi Riyal to PKR, United Arab Emirates Dirham rate in Pakistan, Euro rate in Pakistan, and more.
Remember, these rates are subject to change, so it’s advisable to stay updated for accurate information.