Karachi (Newsman): Although the State Bank of Pakistan sets the value of the Pakistani Rupee (PKR), it permits its value to move in response to supply and demand in the foreign exchange market.
This indicates that several factors, such as political stability, trade balances, inflation, interest rates, and exchange rates with other nations, affect the rupee’s value.
For several reasons, Pakistanis also look up the U.S. dollar (USD), Saudi Arabian riyal (SAR), and United Arab Emirates dirham (AED) exchange rates.
- To compare exchange rates for international money transfers
- To stay up to date with the latest exchange rates
- To convert currencies for international travel
- To track exchange rate fluctuations over time
- To compare exchange rates for different currencies
USD to PKR Exchange Rate
DATE | Buying (PKR) | Selling (PKR) |
Nov 25 | 277.30 | 278.80 |
Also read: PSX Gains 1,500 Points Despite Political Unrest and PTI Protest
Pakistan Currency Exchange Rates
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The location and the Exchange Company or bank engaged in the transaction typically affect exchange rates.