Today Open Market Currency Rates in Pakistan – 13, May 2022

Table of Contents

as per Pakistan Open Market

Open Market currency rates for all major currencies in Pakistan can be viewed online, including US Dollar to PKR. In addition, we provide updated Open Bank currency exchange rates in Pakistan.

For example, consider today’s open bank foreign currency exchange rates with Pakistani Rs. PKR. We update our rates from time to time every day, as per exchange dealers in the Pakistani market.

Open market Currency Rates

 as per Open Market as on Fri, May 13, 2022, 12:36 PST (GMT+5)

USD-DD   US Dollar DDUSD-DD190.9193.15
USD-TT   US Dollar TTUSD-TT190.9193.15
AUD   Australian DollarAUD130132.5
BHD   Bahrain DinarBHD386.5388.5
CAD   Canadian DollarCAD143.6145.1
CNY   China YuanCNY23.5523.95
DKK   Danish KroneDKK23.6523.95
EUR   EuroEUR198.1200.1
HKD   Hong Kong DollarHKD16.616.85
INR   Indian RupeeINR2.032.1
JPY   Japanese YenJPY1.411.44
KWD   Kuwaiti DinarKWD481.85484.35
MYR   Malaysian RinggitMYR36.7537.1
NZD   NewZealand $NZD96.8597.55
NOK   Norwegians KroneNOK17.517.75
OMR   Omani RiyalOMR392.95394.98
QAR   Qatari RiyalQAR39.940.5
SAR   Saudi RiyalSAR49.5550.15
SGD   Singapore DollarSGD133.55135.55
SEK   Swedish KoronaSEK18.819.05
CHF   Swiss FrancCHF160.35161.25
THB   Thai BhatTHB4.84.9
AED   U.A.E DirhamAED50.551
GBP   UK Pound SterlingGBP232.1235.1
USD   US DollarUSD191.1193.1

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 pace of currency on a regular schedule, and it is related to the process of Foreign Exchange Fixing.

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.

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