Today Currency Rate in Pakistan
Currency Rate in Pakistan Today Open Market are US Dollar to PKR 281.20, Euro to PKR 304.45, British Pound to PKR 356.40, Saudi Riyal to PKR 74.60, UAE Dirham to PKR 76.40. Currency rates according to the Forex Association of Pakistan and check the list more buying and selling rates updated on 19 Mar, 2024 02:34:30 PM are given below.
Currency Rates in Pakistan Open Market
Open Market Currency Rates in Pakistan
When talking about the Pakistan exchange rate, the open market rates have great significance as they offer an overall outlook about the latest situation and trending scenarios in the market. As free trade becomes much common in the world, it is now crucial for Pakistani organizations to be aware of the Currency Rate in Pakistan including its key cities such as Karachi, Lahore, Islamabad, and Peshawar.
Pakistani rupee exchange rate in this week at open market faced slight fluctuation. In Pakistan, foreign currency exchange rates fluctuate daily, thus the market and determining factors have an impact. Today currency rate in Pakistan Dollar to PKR open market is 282, Euro is 306, British Pound to PKR open market is 357, UAE and Dirham is 76. The open market rates provided by Pakistani currency exchange traders are used to compute the USD/PKR exchange rate. Bank exchange rates for the US dollar, on the other hand, are slightly lower than those available on the open market or at currency exchanges.
Introduction About Currency Exchange
Aside from purchasing and selling of products, monetary standards are additionally exchanged between open market rates of various nations. Worldwide banks, most popular being Deutsche Bank, Barclays, HSBC, Standard Chartered, Citi, and so forth are associated with fixing the pace of currency rate exchange at the international level.
In Pakistan, you can exchange money as follows:
- Pakistan Currency Exchange Company (Pvt.) Ltd.
- NBP Exchange Company Ltd.
- HBL Currency Exchange (Pvt.) Ltd.
- AA Exchange Company (Pvt.) Ltd.
- Al-Rahim Exchange Company(Pvt.) Ltd.
- D.D Exchange Company (Pvt.) Ltd.
- Al-Hameed Int’l. Money Ex (Pvt.) Ltd.
- Al-Sahara Exchange Company (Pvt.) Ltd.
- Dollar East Exchange Company (Pvt.) Ltd.
- Fairdeal Exchange Company (Pvt.) Ltd.
- Money Link Exchange Company (Pvt.) Ltd.
- Glaxy Exchange Company (Pvt.) Ltd.
Factors That Can Influence Exchange Rates
• First, the monetary development rate and money-related steadiness of any nation push up the exchange pace of its currency in the worldwide market.
• on the off chance that there is a lot of cash supply in light of over-printing of currency, more cash is accessible yet merchandise to be obtained is less. This prompts the offering of cash and debasement of the currency subsequently bringing down that currency rate.
Impact of Exchange Rate on Economy
The monetary development of a nation and its currency rate has a straightforwardly corresponding relationship. The more noteworthy the currency exchange pace of a nation more noteworthy the monetary development of that nation.
By utilizing this page, you can easily access the latest currency rate in Pakistan including usd to pkr open market rate and different currencies such as the Saudi Riyal to PKR rate, United Arab Emirates Dirham rate in Pakistan, Euro rate in Pakistan and etc.
Comments on Currency Rates in Pakistan
Open market rates section provides a holistic view of currency exchange rates, crucial for individuals and businesses engaged in global trade.
- By: Abrar
- on Wed 13 Mar, 2024
Access real-time open market rates to make timely and strategic Forex transactions.
- By: Abdullah
- on Tue 12 Mar, 2024
Look at open market money rates to understand how different currencies are doing.
- By: Maaz
- on Thu 07 Mar, 2024
The open market rates page shows you current exchange rates, helping you make smart money decisions.
- By: Zahid
- on Wed 06 Mar, 2024
Access open market forex rates conveniently via this link, making it simpler to plan your currency exchanges.
- By: Adnan
- on Mon 04 Mar, 2024
Disclaimer:
The currency exchange rates used on this page are obtained from various sources of money market. The rates here are only for info purpose and are not intended as a suggestion or recommendation to trade. Please refer your local money market or banks for daily updated rate.