Looking for the most recent USD to PKR exchange rate in Pakistan? Continue reading to learn about the open forex market, interbank currency rates, and the performance of the Pakistani rupee versus other prominent currencies throughout the world.
The exchange rates for buying and selling currencies fluctuate on a daily basis. The country’s economy, import/export activities, and the shifting tempo of industrial trade are significant variables generating these variations. Without further ado, let’s look at the current US dollar rate in Pakistan, as shown in the table below.
TODAY’S DOLLAR RATE IN PAKISTAN 2023 (LATEST USD TO PKR RATE)
| USD to PKR | BUYING | SELLING |
| Open Market Rate | PKR 278.2 | PKR 281 |
| Interbank Rate | PKR 277.61 | PKR 278.11 |
The table above will assist you in converting US Dollars to Pakistani Rupees.
Remember that the US Dollar to Pakistan Rupee rate in the table above is as of March 8, 2023.
THE WORLD’S MOST TRADED CURRENCIES
After reviewing the dollar rate in Pakistan today, let’s look at some of the world’s best-performing currencies.
| Currency | Acronym |
| U.S. Dollar | USD |
| Euro | EUR |
| Japanese Yen | JPY |
| Sterling | GBP |
| Chinese Yuan | CNY |
| Australian Dollar | AUD |
| Canadian Dollar | CAD |
| Swiss franc | CHF |
FOREIGN EXCHANGE RATES IN FLUCTUATION AND THEIR POTENTIAL IMPACT
The sudden shift in exchange rates, which has now become quite typical, has a significant influence on the country’s entire economy. The fluctuating value of imported components and other commodities has an immediate influence on the domestic market.
Foreign exchange rate fluctuations have an impact on the country’s investment potential as well as the rate of inflation. The local currency’s depreciation or strengthening has an impact on the employment sector.
OPEN MARKET FOREX & INTERBANK RATES ARE THE MOST POPULAR CURRENCIES
Don’t forget to check the following forex rates while keeping an eye on today’s dollar rate in Pakistan. Below are the open market and interbank rates for some of the world’s most popular currencies.
AUSTRALIAN DOLLAR
| AUD | Buying | Selling |
| Open Market Rate | PKR 182 | PKR 184.4 |
| Interbank Rate | PKR 183.54 | PKR 183.74 |
CANADIAN DOLLAR
| CAD | Buying | Selling |
| Open Market Rate | PKR 202 | PKR 204.2 |
| Interbank Rate | PKR 202.2 | PKR 202.41 |
CHINESE YUAN
| CNY | Buying | Selling |
| Open Market Rate | PKR 39.64 | PKR 40.04 |
| Interbank Rate | PKR 39.37 | PKR 40.17 |
JAPANESE YEN
| JPY | Buying | Selling |
| Open Market Rate | PKR 2.06 | PKR 2.11 |
| Interbank Rate | PKR 2.02 | PKR 2.02 |
EURO
| EUR | Buying | Selling |
| Open Market Rate | PKR 290 | PKR 290.2 |
| Interbank Rate | PKR 293.26 | PKR 293.58 |
UK POUND
| GBP | Buying | Selling |
| Open Market Rate | PKR 329 | PKR 332 |
| Interbank Rate | PKR 329.12 | PKR 329.47 |
UAE DIRHAM
| AED | Buying | Selling |
| Open Market Rate | PKR 75.5 | PKR 76.2 |
| Interbank Rate | PKR 75.77 | PKR 75.85 |
SAUDI RIYAL
| SAR | Buying | Selling |
| Open Market Rate | PKR 73.5 | PKR 74.2 |
| Interbank Rate | PKR 74.14 | PKR 74.22 |
HISTORY OF THE USD TO THE PKR Since 1947 Until 2023
Have you ever wondered what the rate of 1 USD to PKR was just after independence in 1947? Below is a comprehensive history of Pakistani dollar rates broken down by decade.
| USD to PKR Price in 1947 | PKR 3.31 |
| 1950s | PKR 3.31-4.76 |
| 1960s | PKR 4.76-11.01 |
| 1970s | PKR 9.99-11.81 |
| 1980s | PKR 11.81-20.54 |
| 1990s | PKR 21.71-51.09 |
| 2000s | PKR 51.09-84.1 |
| 2010s | PKR 85.75-163.75 |
| Dec 2020 | PKR 168.88 |
| Dec 2021 | PKR 179.16 |
| Dec 2022 | PKR 225.40 |
| Today Dollar Rate in Pakistan | PKR 281* |
*As of March 8, 2023, the dollar price in Pakistan is PKR 281.
This article had all of the information you needed to know about the most recent open market currency rates in Pakistan, including the USD to PKR conversion. If you have any questions or comments about the blog, please contact us at info@thefindandgo.com.
On a related topic, don’t miss our extensive guide on how to use PayPal in Pakistan and its popular alternatives. It is your guide to using the most dependable international and local payment options for domestic and international purchases.
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