As of August 25, 2023, the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) stands at Rs 299.50. The closing exchange rate at the conclusion of the business day was supplied by the State Bank of Pakistan (SBP).
The interbank closing rate for the exchange between the United States Dollar (USD) and the Pakistani Rupee (PKR) is published by the State Bank of Pakistan (SBP) during the last hour of the business day, from Monday to Friday.
In contrast, it is common for the exchange rate between the United States Dollar (USD) and the Pakistani Rupee (PKR) in the open market to exhibit a slight premium compared to the interbank rate offered by banks for the purpose of acquiring foreign currency from individuals. It is noteworthy to mention that all incoming payments to customers’ bank accounts are credited based on interbank rates.
According to the Pakistan Open Market, the prevailing buying exchange rate for the United States Dollar (USD) in relation to the Pakistani Rupee (PKR) is 317. Similarly, the selling exchange rate for 1 USD is recorded as PKR 317.
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 25 August 2023 | Rs. 300.22 | – |
| 24 August 2023 | Rs. 300.22 |