The USD to PKR exchange rate in Pakistan on 5 October 2023 is Rs. 284.68. This is the interbank rate, which is the rate at which banks trade with each other. The open market rate, which is the rate at which banks and exchange bureaus trade with customers, is typically slightly higher.
It is important to note that the USD to PKR exchange rate can fluctuate throughout the day. However, the rate quoted on this page is the rate at which banks and exchange bureaus are trading at the start of the business day on 5 October 2023.
Dollar Rate in Pakistan (Dollar to PKR) Today
The US Dollar rate was Rs. 284.68 against Pakistani Rupee (PKR) at the closing of the interbank market on Wednesday (4 October 2023). The new closing rate for USD to PKR for 5 October 2023 will be updated at the end of the business day.
Here’s a table that shows the USD to PKR exchange rate in Pakistan today on 5 October 2023 along with the appreciation and depreciation compared to the previous day (the table is updated at the end of the business day):
USD to PKR Exchange Rate in Pakistan Today
|Date||Exchange Rate (PKR)||Change (PKR)|
|5 October 2023||Rs. 284.68||–|
|4 October 2023||Rs. 284.68||–|
Here are some additional things to keep in mind about the USD to PKR exchange rate:
- Incoming remittances are credited to customers’ accounts based on the interbank rate.
- Outward transactions are charged as per open market rates.
- Banks typically charge customers on open market rates when buying foreign currency and sell the same at interbank rates.
- The USD to PKR exchange rate is a reflection of a number of factors, including the supply and demand for both currencies, the economic conditions in both countries and global economic trends.
If you are planning to exchange USD to PKR, it is important to compare the rates offered by different banks and exchange bureaus to get the best possible deal.