Thursday, May 8, 2025

Currency rate in Pakistan today — 6 May 2025

The current open market currency rates in Pakistan, including the rates for the US Dollar to PKR, Euro to PKR, British Pound to PKR, Saudi Riyal to PKR, and UAE Dirham to PKR, were updated on May 6, 2025, according to the Forex Association of Pakistan.

Currency rate in Pakistan today

Currency Buy Sell
US Dollar 281.40 282.90
Euro 319.05 321.80
UK Pound Sterling 374.00 377.50
U.A.E Dirham 76.55 77.30
Saudi Riyal 75.00 75.55
Kuwaiti Dinar 908.40 917.90
Canadian Dollar 205.10 207.50
Australian Dollar 183.25 185.50
Omani Riyal 729.30 737.80
Japanese Yen 1.96 2.01
Malaysian Ringgit 64.51 65.11
Qatar Rial 76.49 77.19
Bahrain Dinar 745.20 753.20
Thai Bhat 8.26 8.41
Chinese Yuan 37.59 37.99
Hong Kong Dollar 35.90 36.25
Danish Krone 42.71 43.11
New Zealand Dollar 164.68 166.68
Singapore Dollar 216.50 218.50
Norwegian Krone 26.74 27.04
Swedish Korona 28.90 29.08
Swiss Franc 338.68 341.48
Indian Rupee 3.23 3.32

These rates offer a reliable reflection of the market trends and are widely referenced across the country.

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Understanding the open market exchange rate is important, especially as global trade becomes more widespread. Businesses and individuals in major cities like Karachi, Lahore, Islamabad, and Peshawar keep a close eye on these figures to stay informed of financial trends and market conditions.

About Currency Exchange

In addition to trade in goods and services, foreign currencies are also actively bought and sold through open market exchanges. Globally recognized banks such as Deutsche Bank, Barclays, HSBC, Standard Chartered, and Citi are involved in determining currency exchange benchmarks at the international level.

In Pakistan, currency can be exchanged through various licensed companies 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 Exchange (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.

What Influences Currency Rates?

Several factors impact exchange rates:

  • A country’s economic growth and financial stability generally lead to a stronger currency in the global market.
  • If a country prints too much money without a proportional increase in goods and services, it may cause inflation, lowering the currency’s value.

Effect on the Economy

There is a clear link between a country’s currency value and its economic performance. A strong exchange rate often reflects economic progress.

This page provides a convenient way to check the most recent foreign exchange rates in Pakistan, including the USD to PKR open market rate and updates on other key currencies like the Saudi Riyal, UAE Dirham, and Euro.

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