Dollar Rate in Pakistan: USD to PKR Open Market Prices 2023
Looking for the most recent USD to PKR exchange rate in Pakistan? Continue reading to obtain the most recent information regarding the open forex market, interbank currency rates, and the performance of the Pakistani rupee against other prominent currencies across the world.
The foreign exchange rates for purchasing and selling currencies fluctuate everyday. The country’s economy, import/export operations, and the varying tempo of industrial commerce are significant contributors to these changes. Now, without further ado, let’s examine the current US dollar exchange rate in Pakistan, as displayed in the table below.
Dollar Rate in Pakistan Today 2023 (Latest USD to PRK Rate)
| USD to PKR | BUYING | SELLING |
| Open Market Rate | PKR 266.8 | PKR 269.5 |
| Interbank Rate | PKR 259.74 | PKR 260.24 |
The US Dollar to Pakistan Rupee exchange rate displayed in the table above is current as of February 27, 2023.
Most Traded Currencies in The World
After examining the current dollar rate in Pakistan, let’s examine the world’s top-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 |
Fluctuating Foreign Exchange Rates and Their Potential Impact
The dramatic fluctuation in exchange rates, which has become quite commonplace, has a significant impact on the country’s economy as a whole. The fluctuating value of imported materials and components has a direct effect on the local market.
The fluctuating foreign exchange rates also have an impact on the nation’s investment potential and inflation rate. Moreover, the devaluation or appreciation of the local currency impacts the job sector.
Popular Currencies: Open Market Forex & Interbank Rates
In addition to monitoring the current dollar rate in Pakistan, be sure to check the following foreign exchange rates. Below are the open market and interbank exchange rates for some of the most often used currencies.
AUSTRALIAN DOLLAR
| AUD | Buying | Selling |
| Open Market Rate | PKR 182 | PKR 184.4 |
| Interbank Rate | PKR 179.8 | PKR 180.01 |
CANADIAN DOLLAR
| CAD | Buying | Selling |
| Open Market Rate | PKR 194 | PKR 196.2 |
| Interbank Rate | PKR 190.91 | PKR 191.28 |
CHINESE YUAN
| CNY | Buying | Selling |
| Open Market Rate | PKR 38.28 | PKR 38.68 |
| Interbank Rate | PKR 37.39 | PKR 37.46 |
JAPANESE YEN
| JPY | Buying | Selling |
| Open Market Rate | PKR 2.06 | PKR 2.11 |
| Interbank Rate | PKR 1.93 | PKR 1.94 |
EURO
| EUR | Buying | Selling |
| Open Market Rate | PKR 275.9 | PKR 278.65 |
| Interbank Rate | PKR 276.13 | PKR 276.66 |
UK POUND
| GBP | Buying | Selling |
| Open Market Rate | PKR 313.25 | PKR 316.38 |
| Interbank Rate | PKR 310.52 | PKR 311.11 |
UAE DIRHAM
| AED | Buying | Selling |
| Open Market Rate | PKR 71.5 | PKR 72.22 |
| Interbank Rate | PKR 71.28 | PKR 71.41 |
SAUDI RIYAL
| SAR | Buying | Selling |
| Open Market Rate | PKR 69.35 | PKR 70.05 |
| Interbank Rate | PKR 69.31 | PKR 69.44 |
USD to PKR History: From 1947 to 2023
Curious about the 1 USD to PKR exchange rate in 1947, just after independence? Here is the whole history of dollar exchange rates in Pakistan, 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 269.5* |
*The dollar price in Pakistan today is PKR 269.5, as of Feb 27, 2023.
This was all the information you required for the most recent open market FX rates in Pakistan, including the USD to PKR conversion.
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