Currency Rate in Pakistan – Open Market Rates Today

Stay updated with the latest currency rate in Pakistan and get real-time insights into foreign exchange trends. Knowing the current rates is essential for businesses, travelers, investors, and anyone receiving money from abroad. This page provides an overview of today’s open market rates in major Pakistani cities including Karachi, Lahore, Islamabad, and Peshawar.

Today’s Currency Rate in Pakistan – Open Market - 5 Jan 2025

Foreign exchange rates in Pakistan fluctuate daily due to market demand, global trade, and economic factors. Here are today’s open market rates for major currencies:

Currency Buy Sell
US Dollar
281
283
Euro
330
333.5
British Pound
378.75
382.75
UAE Dirham
76.45
77.4
Saudi Riyal
74.8
75.45
Kuwaiti Dinar
910.75
920.75
Canadian Dollar
203.55
207.55
Australian Dollar
186.4
190.4
Omani Riyal
727.75
737.75
Japanese Yen
1.7850
1.8850

Open market rates are slightly higher than bank rates. Traders and currency exchanges determine these rates based on market supply and demand, giving a transparent view of the real exchange scenario.

Why People Follow the Currency Rate in Pakistan

Tracking Pakistan currency rates is important for several reasons:

Business and Trade

Importers and exporters rely on daily rates to manage costs, plan transactions, and calculate profits accurately. Currency fluctuations can impact pricing and supply chain decisions.

Travel and Tourism

Students, workers, and tourists traveling abroad need current exchange rates to plan their expenses. Knowing how many Pakistani rupees convert into foreign currency ensures smooth budgeting.

Remittances

Families receiving money from overseas monitor currency rates to determine how much they will receive in PKR. Even small fluctuations can significantly affect remittance value.

Currency Exchanges in Pakistan

Currency exchange in Pakistan is part of both daily trade and international finance. Global banks such as Deutsche Bank, HSBC, Barclays, Standard Chartered, and Citi help set international currency rates, which influence local Pakistani rates.

Locally, Pakistani citizens can exchange foreign currency at authorized exchange companies, banks, and remittance centers including:

Pakistan Currency Exchange Company (Pvt.) Ltd.

NBP Exchange Company Ltd.

HBL Currency Exchange (Pvt.) Ltd.

AA Exchange Company (Pvt.) Ltd.

Al-Rahim Exchange Company (Pvt.) Ltd.

D.D Exchange Company (Pvt.) Ltd.

Al-Hameed Int’l. Money Ex (Pvt.) Ltd.

Al-Sahara Exchange Company (Pvt.) Ltd.

Dollar East Exchange Company (Pvt.) Ltd.

Fairdeal Exchange Company (Pvt.) Ltd.

Money Link Exchange Company (Pvt.) Ltd.

Glaxy Exchange Company (Pvt.) Ltd.

Country-wise Currency Rates in Pakistan – Today

Here are some key foreign currencies and their current value in Pakistan Rupees (PKR) as of 5 Jan 2025:

Country Currency Rate in PKR
Oman Omani Rial 733.54
UAE Dirham 76.79
Malaysia Ringgit 66.95
Kuwait Kuwaiti Dinar 923.39
Qatar Qatari Riyal 77.47
Bahrain Bahraini Dinar 748.07
Turkey Turkish Lira 6.93
China Chinese Yuan 39.45
UK British Pound 382.27

These rates reflect the open market trends and are widely used by businesses, travelers, and remittance receivers across Pakistan.

How to Check Currency Rate in Pakistan

You can check the latest rates using:

Authorized currency exchanges in major cities like Karachi, Lahore, Islamabad, and Peshawar

Bank currency conversion counters

Online platforms and mobile apps that update live rates daily

By checking updated rates regularly, you can maximize value when sending money abroad, receiving remittances, or exchanging currency for travel.

Tips for Exchanging Currency in Pakistan

Compare rates between banks and open market exchanges to get the best value

Always check if additional service fees or commissions apply

Track daily rate fluctuations to exchange at a favorable time

Use authorized and licensed money exchange companies for safety and transparency

Frequently Asked Questions

What is the current currency rate in Pakistan?

The currency rate in Pakistan fluctuates daily based on market conditions. Open market rates and bank rates differ slightly. Today, for example, USD to PKR is 282.35, Euro to PKR is 334.50, and GBP to PKR is 383.50. Always check updated rates before exchanging money.

Bank rates are usually slightly lower than open market rates because banks include transaction fees and commissions. Open market rates are determined by currency demand and supply among traders, giving a more real-time reflection of Pakistan’s foreign exchange situation.

You can check live rates using authorized currency exchange websites, bank websites, mobile apps, or by visiting open market exchange offices in major cities like Karachi, Lahore, Islamabad, and Peshawar. Online sources provide updated rates for USD, GBP, AED, and other major currencies.

Major cities like Karachi, Lahore, Islamabad, and Peshawar are key centers for foreign currency exchange. Open market rates may vary slightly between cities, so comparing multiple exchange offices ensures the best conversion value for USD, Euro, GBP, AED, and other currencies.

Remittance receivers are directly impacted by currency fluctuations. A higher PKR exchange rate means more Pakistani rupees for the same amount sent from abroad. Keeping track of daily rates helps families receive the maximum value when money is sent from countries like the USA, UAE, or UK.

As of today, the USD to PKR rate in the open market is 282.35, while the GBP to PKR rate is 383.50. These rates are updated daily and may differ slightly in banks or licensed exchange companies. Always confirm rates before exchanging currency.

Use licensed money exchange companies, authorized bank counters, or official currency exchange outlets. Avoid unauthorized dealers. Popular companies include HBL Currency Exchange, Al-Rahim Exchange, AA Exchange, and NBP Exchange. This ensures safety, transparency, and the most accurate PKR conversion rates.

Currencies like the USD, Euro, and GBP fluctuate based on global demand, trade, political stability, and economic factors. Smaller or regional currencies may show less volatility. Factors like oil prices, foreign investment, and central bank policies also influence PKR exchange rates daily.

Yes, online currency calculators and apps provide real-time conversions for USD, GBP, AED, and other currencies. These tools help plan travel expenses, business transactions, and remittances, showing both open market and bank rates to make informed decisions.

Open market currency rates in Pakistan update multiple times daily. Traders and currency exchange offices adjust rates based on supply, demand, and global market conditions. Checking the rate in the morning and before exchanging money ensures the best possible value in PKR.