In the bustling financial markets of Karachi, the Pakistani Rupee has seen its latest exchange rates fluctuate against a basket of major global currencies. As of February 27, 2024, the value of the US Dollar in comparison to the Pakistani Rupee was marked at Rs 279.6 for buying and Rs 282.4 for selling in both the local and open markets. 4
It’s important to note that exchange rates can shift depending on various factors including the specific location, and the bank or exchange service you choose to conduct your transactions with.
This day’s currency exchange landscape offers a comprehensive view of the trading figures for not only the US Dollar but also other significant currencies such as the Euro, British Pound Sterling, UAE Dirham, Saudi Riyal, and a wide array of other international currencies within Pakistan’s open market.
Here’s a simplified breakdown of the buying and selling rates for some key currencies:
- Euro (EUR): Purchasing at Rs 302 and selling at Rs 305.
- British Pound Sterling (GBP): Acquiring at Rs 352.5 and disposing of at Rs 356.
- UAE Dirham (AED): Buying at Rs 75.95 and selling at Rs 76.7.
- Saudi Riyal (SAR): Trading in at Rs 74.5 and out at Rs 75.5.
Other currencies, including the Australian Dollar, Bahrain Dinar, Canadian Dollar, and more, have also been traded at varying rates, reflecting the dynamic nature of the forex market in Pakistan. For instance, the Canadian Dollar (CAD) was bought for Rs 207 and sold for Rs 209, while the Swiss Franc (CHF) saw a buying rate of Rs 320.98 and a selling rate of Rs 323.48.
| Currency | Code | Buying Rate | Selling Rate |
|---|---|---|---|
| US Dollar | USD | 279.6 | 282.4 |
| Euro | EUR | 302 | 305 |
| UK Pound Sterling | GBP | 352.5 | 356 |
| U.A.E Dirham | AED | 75.95 | 76.7 |
| Saudi Riyal | SAR | 74.5 | 75.5 |
| Australian Dollar | AUD | 181 | 183 |
| Bahrain Dinar | BHD | 743 | 751 |
| Canadian Dollar | CAD | 207 | 209 |
| China Yuan | CNY | 38.89 | 39.04 |
| Danish Krone | DKK | 40.38 | 41.06 |
| Hong Kong Dollar | HKD | 35.74 | 36.22 |
| Indian Rupee | IND | 3.39 | 3.48 |
| Japanese Yen | JPY | 1.90 | 2.00 |
| Kuwaiti Dinar | KWD | 902 | 911 |
| Malaysian Ringgit | MYR | 58.48 | 59.08 |
| New Zealand Dollar | NZD | 177.84 | 179.84 |
| Norwegians Krone | NOK | 25.02 | 25.32 |
| Omani Riyal | OMR | 727 | 730 |
| Qatari Riyal | QAR | 77.04 | 77.74 |
| Singapore Dollar | SGD | 207 | 209 |
| Swedish Korona | SEK | 25.98 | 26 |
| Swiss Franc | CHF | 320.98 | 323.48 |
| Thai Bhat | THB | 7.76 | 7.91 |
It’s crucial for investors and individuals dealing in foreign exchange to keep abreast of these rates, as they are subject to change influenced by market dynamics and the demand for foreign currency.
The detailed list provided offers a glimpse into the current state of Pakistan’s forex market, showcasing the value of the Pakistani Rupee against a broad spectrum of currencies on this specific date.
Understanding these rates is essential for anyone involved in international financial transactions or those planning to travel abroad. Keeping informed with the latest currency rates ensures you can make the most of your money in today’s global economy.