USD to PKR (Dollar Price in Pakistan Rupee) – Today’s rate is Rs. 296.85 (interbank). Get the latest dollar rates in Pakistan, including open market rates and tips for getting the best deal.
The US dollar to Pakistani rupee exchange rate remained stable on Monday, September 18, 2023, closing at Rs. 296.85 in the interbank market. This is the same closing rate as the previous business day.
The dollar rate in Pakistan is slightly higher in the open market, with banks and forex exchange companies charging customers on open market rates when buying foreign currency and selling the same at interbank rates.
However, all incoming remittances are credited to customers’ accounts based on the interbank rate, while outward transactions are charged as per open market rates.
Dollar Rate in Pakistan Today, 18 September 2023
| USD TO PKR | BUY | SELL |
|---|---|---|
| Open Market | 296.5 | 299.5 |
| Interbank | 296.35 | 296.85 |
The State Bank of Pakistan (SBP) provides daily updates for dollar to PKR, SAR to PKR, GBP to PKR, and AED to PKR exchange rates in Pakistan. The official currency exchange rate provided by the banking regulator daily is Rs. 296.85 for one US dollar.
The Pakistani rupee held steady against the US dollar on Monday, September 18, 2023, closing at Rs. 296.85 in the interbank market. This is the same closing rate as the previous business day.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 18 September 2023 | Rs. 296.85 | – |
| 15 September 2023 | Rs. 296.85 |
The dollar rate in the open market is slightly higher, but all incoming remittances are credited to customers’ accounts based on the interbank rate.
The SBP provides daily updates for dollar to PKR, SAR to PKR, GBP to PKR, and AED to PKR exchange rates in Pakistan. The official currency exchange rate provided by the banking regulator daily is Rs. 296.85 for one US dollar.
Dollar Rate in Pakistan Today – Open Market Forex Rates
| CURRENCY | SYMBOL | BUYING | SELLING |
|---|---|---|---|
| US Dollar to PKR | USD | 296.5 | 299.5 |
| Euro to PKR | EUR | 321.5 | 324.5 |
| British Pound to PKR | GBP | 375.5 | 379 |
| UAE Dirham to PKR | AED | 81.7 | 82.5 |
| Saudi Riyal to PKR | SAR | 79.15 | 79.9 |
| Kuwaiti Dinar to PKR | KWD | 968.3 | 977.3 |
| Canadian Dollar to PKR | CAD | 220 | 222.2 |
| Australian Dollar to PKR | AUD | 198 | 200 |
| Omani Riyal to PKR | OMR | 776.86 | 784.86 |
| Japanese Yen to PKR | JPY | 2 | 2.09 |
| Malaysian Ringgit to PKR | MYR | 63.21 | 63.81 |
| Qatari Riyal to PKR | QAR | 81.28 | 81.98 |
| Bahrain Dinar to PKR | BHD | 795.46 | 803.46 |
| Thai Bhat to PKR | THB | 8.29 | 8.44 |
| Chinese Yuan to PKR | CNY | 40.72 | 41.12 |
| Hong Kong Dollar to PKR | HKD | 38.21 | 38.56 |
| Danish Krone to PKR | DKK | 42.57 | 42.97 |
| New Zealand Dollar to PKR | NZD | 175.01 | 177.01 |
| Singapore Dollar to PKR | SGD | 217.2 | 219.2 |
| Norwegians Krone to PKR | NOK | 27.87 | 28.17 |
| Swedish Krona to PKR | SEK | 26.6 | 26.9 |
| Swiss Franc to PKR | CHF | 334.14 | 336.64 |
| Indian Rupee to PKR | INR | 3.57 | 3.68 |
This stability in the exchange rate is a positive sign for the Pakistani economy, as it indicates that the rupee is not under any undue pressure. The government has taken a number of steps in recent months to stabilize the rupee, including raising interest rates and tightening foreign exchange controls.
The SBP has also been intervening in the interbank market to support the rupee. This intervention has been successful in preventing any sharp depreciation in the rupee.
International Currency Exchange Rates – Dollar Rate in Pakistan Today
| CURRENCY | SYMBOL | PKR |
|---|---|---|
| U.S. Dollar to PKR | USD | 296.44 |
| UAE Dirham to PKR | AED | 80.70 |
| British Pound to PKR | GBP | 239.33 |
| Saudi Arabian Riyal to PKR | SAR | 79.02 |
| Australian Dollar to PKR | AUD | 460.42 |
| Canadian Dollar to PKR | CAD | 219.30 |
The stability in the exchange rate is good news for Pakistani businesses and consumers. It will help to boost confidence and encourage investment. It will also make imports cheaper, which will help to control inflation.
