As of August 31, 2023, the exchange rate between the Pakistani Rupee (Rs.) and the United States Dollar stands at 304.45. At the commencement of the current business day, the prevailing interbank exchange rate between the United States dollar and the Pakistani rupee was as follows.
It is noteworthy that the interbank market rates and open market rates provided by banks or foreign exchange entities exhibit a modest increase compared to the current exchange rate of the US Dollar to Pakistani Rupee (Dollar to PKR) in Pakistan on August 31, 2023.
Outgoing transactions are subject to charges at prevailing open market rates, whilst incoming remittances are credited to clients’ accounts in accordance with the interbank rate. Essentially, financial institutions impose open market rates on customers during the acquisition of foreign currency, whereas interbank rates are used when the currency is sold.
At the conclusion of the interbank market on the 30th of August 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stood at Rs. 304.45. The closing rate for the USD to PKR on the 31st of August 2023 will be determined and updated at the conclusion of the business day.
The current exchange rate between the US Dollar and the Pakistani Rupee (PKR) in Pakistan on August 31, 2023, is presented in the following table. It also includes the percentage of appreciation or depreciation compared to the previous day’s rate. Please note that this information is updated at the end of the business day.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 31 August 2023 | Rs. 304.45 | – |
| 30 August 2023 | Rs. 304.45 |