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as per Pakistan Open Market
Forex.pk, Pakistan’s top currency rates portal, provides you with date open market currency rates of Pakistan. Currency exchange rates in Pakistan’s open market are different from the interbank special dollar rate. Here you can find USD to PKR, EURO to PKR, SAR to PKR, and other currency rates against PKR.
In Pakistan, Banks generally charge a higher exchange rate on the currency. Therefore, we timely update the currency rate on our website, especially USD to PKR, to give our visitors a good experience. Here you will find open market currency rates history, graphs, charts, and a wide range of information to help you explore the Pakistan Currency Open Market.
as per Open Market as on Wed, May 11, 2022, 11:36 PST (GMT+5)
|US Dollar DD||USD-DD||185.9||190.15|
|US Dollar TT||USD-TT||185.9||190.15|
|Hong Kong Dollar||HKD||16.6||16.85|
|UK Pound Sterling||GBP||237||240|
Pakistan Currency Converter Online
How Currency Exchange Works Properly
The currency exchange rate fundamentally reveals the value of our cash in foreign currency. If an investor wants to buy and sell money from Pakistan, the currency rate tells us what we would need to pay to buy that currency. Foreign exchange brokers control the exchange rate for monetary forms.
The exchange rate in Pakistan is additionally a pointer to working up or debilitating a Pakistan currency. Before knowing about the exchange rate in Pakistan, you should see the purchasing and selling pace of the concerned currency in the market.
Generally, the best arrangements are offered by National Banks, yet cash can be exchanged at cash changers in each nation.
Effect of Exchange Rates on Economy
A nation’s economic development and currency rate have a corresponding relationship. More noteworthy is the currency exchange pace of a country. More remarkable is the monetary outcome of that nation.
On the off chance that the economy of a nation is solid, at that point, progressively worldwide financial specialists would buy its merchandise, and enterprises subsequently purchase a more significant amount of its currency.
By utilizing this page, you can easily access the latest open market rate of different currencies such as the United States Dollar rate in Pakistan, Australian Dollar rate in Pakistan, Saudi Arabia Riyal rate in Pakistan, United Arab Emirates Dirham rate in Pakistan, Euro rate in Pakistan, etc.