In Karachi, the financial landscape on March 1, 2024, showcased a notable exchange rate for the US Dollar against the Pakistani Rupee, marked at Rs 279.3 for buying and Rs 282.4 for selling in both local and open markets.
It’s essential to remember that currency exchange rates can fluctuate depending on various factors, including the specific location and the financial institution handling the transaction. Here’s a detailed look at the buying and selling rates for a selection of currencies, including the US Dollar, Euro, British Pound, and others within Pakistan’s dynamic open market.
- US Dollar (USD): Buying at Rs 279.3 and selling at Rs 282.4.
- Euro (EUR): Purchased for Rs 302 and sold for Rs 305.
- British Pound Sterling (GBP): Available for Rs 353 buying and Rs 356 selling.
- UAE Dirham (AED): Trading at Rs 76.15 for buying and Rs 76.85 for selling.
- Saudi Riyal (SAR): Exchanged at Rs 74.4 for buying and Rs 75.2 for selling.
Other currencies like the Australian Dollar, Bahrain Dinar, Canadian Dollar, and more also saw varied rates. For instance, the Canadian Dollar was bought at Rs 207 and sold at Rs 209, while the Swiss Franc traded at Rs 320.98 for buying and Rs 323.48 for selling.
These rates reflect the ongoing changes in the forex market, influenced by global economic shifts and the demand for different currencies. As always, individuals engaging in currency exchange are advised to stay updated with the latest rates, as they are prone to adjustments based on market conditions.
| Currency | Buying Rate (Rs) | Selling Rate (Rs) |
|---|---|---|
| US Dollar (USD) | 279.3 | 282.4 |
| Euro (EUR) | 302 | 305 |
| UK Pound Sterling (GBP) | 353 | 356 |
| U.A.E Dirham (AED) | 76.15 | 76.85 |
| Saudi Riyal (SAR) | 74.4 | 75.2 |
| 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 |
This table provides a comprehensive overview of the buying and selling rates for various currencies against the Pakistani Rupee on March 1, 2024, offering a clear snapshot of the forex market in Pakistan.
Understanding the current exchange rates is crucial for investors, travelers, and anyone involved in international financial transactions. With the Pakistani market moving in tandem with global trends, keeping a close eye on these rates can help in making informed decisions in today’s interconnected economic environment