As of September 1, 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stands at Rs. 305.54. The provided information pertains to the interbank exchange rate between the United States Dollar and the Pakistani Rupee, specifically at the commencement of the current business day.
It is important to note that the exchange rate between the US Dollar and the Pakistani Rupee in Pakistan’s interbank market and open market rates, as supplied by banks or forex exchange organizations, is marginally elevated on the 1st of September, 2023.
Nevertheless, inbound remittances are allocated to clients’ accounts according to the interbank rate, whilst outward transactions are subject to charges depending on open market rates. In essence, financial institutions impose charges on their clientele based on prevailing market prices while purchasing foreign currency, but they offer the same currency at interbank rates during the selling process.
The exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) was recorded as 305.54 at the conclusion of trading in the interbank market on Thursday, August 31, 2023. The updated closing rate for USD to PKR on September 1, 2023 will be made available at the conclusion of the business day.
Presented below is the current exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) in Pakistan, as of 1 September 2023. Additionally, the table includes the respective rates of appreciation and depreciation in relation to the preceding day. It is important to note that the table is regularly updated at the conclusion of the business day.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 1 September 2023 | Rs. 305.54 | – |
| 31 August 2023 | Rs. 305.54 |