Table of Contents
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 not quite the same as interbank, especially the dollar rate. Here you can find USD to PKR, EURO to PKR, SAR to PKR, and all other currency rates against PKR.
In Pakistan Banks generally charge a higher exchange rate on the currency. We timely update the currency rates 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.
Today Open Market Currency Rates in Pakistan
| Currency | Symbol | Buying | Selling |
 US Dollar | USD | 200 | 202 |
 Euro | EUR | 214 | 216 |
 Pound Sterling | GBP | 252 | 254.5 |
 UAE Dirham | AED | 53.9 | 54.6 |
 Saudi Arabian Riyal | SAR | 52.6 | 53.6 |
 Kuwaiti Dinar | KWD | 659.17 | 662.17 |
 Canadian Dollar | CAD | 154.5 | 156.5 |
 Australian Dollar | AUD | 140 | 141.5 |
 Omani Rial | OMR | 524.01 | 526.01 |
 Japanese Yen | JPY | 1.49 | 1.59 |
 Malaysian Ringgit | MYR | 45.24 | 46.24 |
 Qatari Riyal | QAR | 54.62 | 55.62 |
 Bahraini Dinar | BHD | 535.16 | 537.16 |
 Thai Baht | THB | 5.83 | 5.93 |
 Chinese Yuan | CNY | 29.17 | 30.17 |
 Hong Kong Dollar | HKD | 24.8 | 25.8 |
 Danish Krone | DKK | 28.2 | 29.2 |
 New Zealand Dollar | NZD | 130.13 | 132.13 |
 Singapore Dollar | SGD | 142 | 144 |
 Norwegian Krone | NOK | 20.29 | 21.29 |
 Swedish Krona | SEK | 19.58 | 20.58 |
 Swiss Franc | CHF | 210.19 | 211.19 |
 Indian Rupee | INR | 2.51 | 2.61 |
Pakistan Currency Converter Online
Basic Introduction to Currency Exchange
Aside from purchasing and selling of products, monetary standards are additionally exchanged between open market rates of various nations. Worldwide banks, most popular being Deutsche Bank, Barclays, HSBC, Standard Chartered, Citi, and so forth, are associated with fixing the pace of currency exchange at the international level.
It is noted that the state bank of the said country exchanges the pace of currency on a regular schedule, and it is related to the process of Foreign Exchange Fixing.
Influence Exchange Rates 2022
The exchange paces of any nation are influenced by the three elements given below.
First, the monetary development rate and money-related steadiness of any nation push up the exchange pace of its currency in the worldwide market.
Second, on the off chance that there is a lot of cash supply in light of overprinting of currency, more cash is accessible yet merchandise to be obtained is less. This prompts the offering of cash and debasement of the money, subsequently bringing down that currency rate.
Third, generally, financial specialists around the globe would purchase any currency contingent upon the loan cost being paid on the currency by the national bank of that nation. More worth is conferred to the currency by high loan costs.
Speculators buy high-worth currency and afterward spare it in banks to continue accepting high enthusiasm.
Effect of Exchange Rates on Economy
A nation’s economic development and its currency rate have a straightforwardly 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.