The current exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) in Pakistan on August 25, 2023 is recorded as Rs. 326.16. This rate represents the interbank rate at the commencement of the business day. Moreover, the aforementioned exchange rate will vary in accordance with the prevailing demand for the respective foreign currency within the market.
The State Bank of Pakistan (SBP) will furnish the closing interbank rate for the Euro to Pakistani Rupee (PKR) at the conclusion of the business day. Hence, it is advisable to periodically revisit the closing exchange rate for the most recent updates.
In contrast to the interbank rate, the open market rate for Euro to PKR exhibits a marginal increase of a few rupees.
It is important to note that foreign exchange companies often provide the interbank rate when purchasing currency from customers, which encompasses any incoming remittances.
In contrast, forex currency dealers or banks tend to impose a higher open market rate while engaging in the sale of foreign currency to customers.
Euro to Pakistani Rupee (EUR to PKR) Rate Today
On August 25, 2023, the exchange rate between the Euro and the Pakistani Rupee (EUR to PKR) was recorded at Rs. 326.16 at the commencement of the business day. The post will be regularly updated with the closing rate of the Euro to Pakistani Rupee (PKR) in the interbank market. This information is sourced from the State Bank of Pakistan (SBP) and is released at the conclusion of each business day.
The following table presents the most recent closing exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) as of today, August 25, 2023, along with any observed appreciation or depreciation.
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 25 August 2023 | Rs. 326.16 | – |
| 24 August 2023 | Rs. 326.16 |