As of January 31, 2024, the forex market in Karachi has seen notable currency exchange rates, particularly for the US Dollar, which is currently trading at Rs 279.8 for buying and Rs 281.5 for selling in the local and open markets.
Detailed Currency Exchange Rates
Below is a table outlining the buying and selling rates for various major currencies in Pakistan’s open market as of today. It’s important to remember that these rates can differ based on the location and the financial institution involved.
Forex Rates Table for January 31, 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| US Dollar (USD) | 279.8 | 281.5 |
| Euro (EUR) | 302 | 305 |
| UK Pound Sterling (GBP) | 355 | 358 |
| U.A.E Dirham (AED) | 76.7 | 77.5 |
| Saudi Riyal (SAR) | 74.06 | 75.2 |
| Australian Dollar (AUD) | 182 | 183.8 |
| Bahrain Dinar (BHD) | 743 | 751 |
| Canadian Dollar (CAD) | 205 | 207 |
| China Yuan (CNY) | 39 | 39.04 |
| Danish Krone (DKK) | 41.2 | 41.06 |
Factors Influencing Forex Rates
These forex rates are subject to change due to market dynamics and the demand for foreign currencies. They are updated every day Pakistan Standard Time (PST). Be sure to check the most up-to-date rates if you are involved in any foreign currency transactions.