Currency Converter
PKR ⇄ USD, AED, GBP, SAR, EUR — live open-market rates, updated every 10 minutes.
Live Exchange Rates
Pakistani Rupee (PKR) open-market rates
| Currency | Buy (PKR) | PKR → 1 unit | Source |
|---|---|---|---|
Locate SBP-licensed money changers and exchange companies near you for the best open-market rates. Always compare before exchanging.
Pakistan Currency Market Insights
Understanding how Pakistan's foreign exchange market works.
Open Market vs Interbank
The State Bank of Pakistan (SBP) sets the interbank rate — the rate at which commercial banks trade forex. The open-market rate at money changers is independently determined by supply and demand and typically differs by 1–3 rupees.
Remittance Impact
Pakistan's PKR is significantly supported by overseas remittances — over $27 billion annually. Higher remittances from GCC countries (UAE, Saudi Arabia) strengthen the PKR, directly affecting AED and SAR exchange rates.
How Rates Are Set
Exchange rates are driven by Pakistan's trade deficit, foreign reserves held by the SBP, IMF programme conditions, global commodity prices (especially oil), and seasonal remittance flows during Eid and Muharram.
How to Use the Currency Converter
Select the foreign currency (USD, AED, GBP, SAR, or EUR), enter the amount, and choose your conversion direction — either foreign to PKR or PKR to foreign. The result updates instantly using live open-market rates.
Rates are sourced from international forex APIs and updated every 10 minutes. When Pakistan-specific open-market data is available, it is applied automatically and shown with a Manual badge. This ensures you see rates close to what you'd actually receive at a money changer rather than theoretical international spot rates.
Disclaimer: Rates are indicative only. Actual rates at banks or money changers may vary. Always verify before transacting.
Frequently Asked Questions
Common questions about Pakistan currency exchange rates.