Foreign Exchange Rates in Pakistan

Foreign exchange rates play a significant role in the economy of Pakistan, as the country heavily relies on imports and exports. The fluctuation of foreign exchange rates can significantly impact the prices of imported goods, affect the competitiveness of exports, and ultimately affect the overall economic growth of the country.

Current Situation of Foreign Exchange Rates in Pakistan:
As of February 28th, 2023, the Pakistani Rupee (PKR) is trading at approximately 169.40 against the US Dollar (USD). The PKR has been depreciating against the USD over the past year, from around 156 PKR per USD in March 2022 to the current rate of approximately 169 PKR per USD. This depreciation has been attributed to various factors, including a widening current account deficit, inflationary pressures, and political instability in the country.

Factors Influencing Foreign Exchange Rates in Pakistan:
Economic Indicators: Economic indicators such as GDP, inflation, and trade balance can significantly impact foreign exchange rates in Pakistan. High inflation and a widening current account deficit can lead to a depreciation of the PKR.
Political Stability: Political instability and uncertainty can also impact foreign exchange rates in Pakistan, as investors may lose confidence in the country’s economic future.
Interest Rates: Interest rates in Pakistan and other countries can also affect foreign exchange rates, as higher interest rates can attract foreign investors seeking higher returns.
Currency Interventions: The State Bank of Pakistan (SBP) occasionally intervenes in the foreign exchange market to stabilize the PKR’s value. These interventions can impact the exchange rates.

Below, there is a chat available where you can verify the foreign exchange rate. The chat may provide you with up-to-date information on the exchange rates of various currencies, which can be useful if you are planning to travel abroad or engage in international transactions. You can also use this information to monitor the performance of different currencies in the global market

International Forex

Currency Symbol Units
Per USD
USD
Per Unit
Other Currencies
Currency Symbol Units per USD USD per Unit  
   Afghanistan Afghanis AFN 87.4024 0.0114
   Albania Leke ALL 106.6036 0.0094
   Algeria Dinars DZD 135.8332 0.0074
   Argentina Pesos ARS 203.9054 0.0049
   Australian Dollar AUD 1.4901 0.6711
   Bahamas Dollars BSD 1 1
   Bahrain Dinar BHD 0.376 2.6596
   Bangladesh Taka BDT 105.2836 0.0095
   Barbados Dollars BBD 2 0.5
   Bermuda Dollars BMD 1 1
   Bitcoin XBT 1 1
   Brazil Reais BRL 5.2479 0.1906
   Bulgaria Leva BGN 1.8243 0.5481
   Canadian Dollar CAD 1.3687 0.7306
   CFA BCEAO Francs XOF 611.8536 0.0016
   CFA BEAC Francs XAF 611.8536 0.0016
   Chile Pesos CLP 825.885 0.0012
   Colombia Pesos COP 4824.7944 0.0002
   Comptoirs Francais du Pacifique Francs XPF 111.3085 0.009
   Costa Rica Colones CRC 543.3691 0.0018
   Croatia Kuna HRK 1 1
   Czech Republic Koruny CZK 22.3739 0.0447
   Danish Krone DKK 6.9447 0.144
   Dominican Republic Pesos DOP 54.1271 0.0185
   East Caribbean Dollars XCD 2.7018 0.3701
   Egypt Pounds EGP 30.5116 0.0328
   Estonia Krooni EEK 1 1
   Fiji Dollars FJD 2.2099 0.4525
   Hong Kong Dollar HKD 7.8425 0.1275
   Hungary Forint HUF 368.652 0.0027
   Iceland Kronur ISK 140.0121 0.0071
   IMF Special Drawing Rights XDR 0.7463 1.34
   Indian Rupee INR 82.5784 0.0121
   Indonesia Rupiahs IDR 15358.7588 0.0001
   Iran Rials IRR 42199.1093 0
   Iraq Dinars IQD 1458.7552 0.0007
   Israel New Shekels ILS 3.6669 0.2727
   Jamaica Dollars JMD 150.7706 0.0066
   Jordan Dinars JOD 0.709 1.4104
   Kenya Shillings KES 129.9952 0.0077
   Kuwaiti Dinar KWD 0.3066 3.262
   Lebanon Pounds LBP 15025.4934 0.0001
   Malaysian Ringgit MYR 4.486 0.2229
   Mauritius Rupees MUR 46.6165 0.0215
   Mexico Pesos MXN 18.8186 0.0531
   Morocco Dirhams MAD 10.3399 0.0967
   NewZealand $ NZD 1.6015 0.6244
   Norwegians Krone NOK 10.6662 0.0938
   Omani Riyal OMR 0.385 2.5975
   Peru Nuevos Soles PEN 3.7794 0.2646
   Philippines Pesos PHP 54.3229 0.0184
   Poland Zlotych PLN 4.3864 0.228
   Qatari Riyal QAR 3.64 0.2747
   Romania New Lei RON 4.5918 0.2178
   Russia Rubles RUB 77.0244 0.013
   Singapore Dollar SGD 1.3387 0.747
   Slovakia Koruny SKK 1 1
   South Africa Rand ZAR 18.5356 0.054
   South Korea Won KRW 1306.1344 0.0008
   Sri Lanka Rupees LKR 344.8022 0.0029
   Sudan Pounds SDG 593.028 0.0017
   Swedish Korona SEK 10.3752 0.0964
   Swiss Franc CHF 0.927 1.0787
   Taiwan New Dollars TWD 30.5449 0.0327
   Thai Bhat THB 34.1496 0.0293
   Trinidad and Tobago Dollars TTD 6.7006 0.1492
   Tunisia Dinars TND 3.1041 0.3222
   Turkey New Lira TRY 19.0175 0.0526
   Vietnam Dong VND 23584.2427 0
   Zambia Kwacha ZMK 1 1

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