💱 Latest Currency Exchange Rates in Pakistan (Updated Weekly)
Summary: This post gives the latest exchange rates for major currencies against the Pakistani rupee — including the US dollar (USD), euro (EUR) and British pound (GBP). Update this article every week with fresh rates so readers know the current buying and selling values, how the rupee is moving, and what it means for remittances, travel and business. Current market snapshots show the USD around ≈₨282–283, the EUR around ≈₨330–331, and the GBP near ≈₨376–380 (rates vary by market and time).
🕒 How Often We Update
This post is intended to be updated once a week. Each week replace the rate numbers and the “Last updated” date at the top. Use reliable sources (bank interbank rate, State Bank of Pakistan pages, or established forex websites) when you update.
📌 Latest Snapshot (example rates — update weekly)
Note: these are market snapshots and can differ between banks, exchange houses and online converters. Always check with your bank or local exchange for exact buy/sell rates.
| Currency | Approx. Mid-Market Rate (PKR) | What it means |
|---|---|---|
| US Dollar (USD) | ≈ ₨282–283 per USD | Most import prices and remittances are tied to USD; a weaker rupee raises import costs. |
| Euro (EUR) | ≈ ₨330–331 per EUR | Used for EU trade and some remittances; moves with global euro strength. |
| British Pound (GBP) | ≈ ₨376–380 per GBP | Important for UK remittances and trade; usually stronger than USD/EUR. |
| Saudi Riyal (SAR) | ≈ ₨75–76 per SAR | Useful for Gulf remitters and workers sending money home.{index=4} |
| UAE Dirham (AED) | ≈ ₨76–77 per AED | Common for UAE-Pakistan remittances; similar to SAR. |
🔎 Where These Numbers Come From
Use these sources each time you update:
- State Bank of Pakistan – market and interbank tables (official reference).
- Live market feeds (Bloomberg, Reuters, Exchange-Rates, Wise) for mid-market rates.
- Local exchange houses or banks for buying/selling rates in Pakistan (cash vs remittance rates may differ).
📘 How to Read These Rates (Simple)
– Buy rate: What a local exchange pays you when you sell foreign currency.
– Sell rate: What you pay when you buy foreign currency from the exchange.
– Mid-market rate: The average price between buy and sell — used here as a neutral reference.
🛟 Tips for Travellers & People Sending Money
- Compare rates: Check two or three exchange houses before converting cash.
- Bank transfers: For large amounts, bank transfers or online remittance services often give better rates and lower fees.
- Watch the rupee: If PKR weakens quickly, plan remittances and purchases accordingly.
- Keep receipts: For business accounting and tax records, keep proof of exchange.
📅 Update Checklist (Use every week)
- Open official SBP pages and one or two market sites (Bloomberg, Exchange-Rates or Wise) and copy the mid-market numbers. :contentReference[oaicite:8]{index=8}
- Replace the numbers in the “Latest Snapshot” table above.
- Change the “Last updated” date at the top of the article (you can add it to the first paragraph).
- Check headlines for big moves (if major change, add a short note explaining why — e.g., SBP policy, global shocks, or remittance flows).
- Publish and share on social media to notify readers of the weekly update.
📎 Quick FAQ
Q: Which rate should I use for shopping online?
A: Use your card provider’s FX rate; banks often apply a markup. For big purchases, check with your bank first.
Q: Are online converters the true market rate?
A: They show the mid-market rate. Local cash buy/sell rates usually include small premiums and fees.
✅ Final Note
We will update this article every week. If you need the exact buy or sell rate for a bank or city (Karachi, Lahore, Islamabad), mention it in the comments and we’ll add more detailed local exchange rates.
