In Pakistan, like many other countries, the currency exchange rate plays an important role in the domestic economy and international trade. These rates can have a profound effect on various aspects of the economy, from imports and exports to foreign investment and tourism. As of Sunday, 22 October 2023, let's take a closer look at the exchange rates of various foreign currencies in the open market of Pakistan.
Currency |
Buying Rate |
Selling Rate |
US Dollar (USD) |
280.8 |
283.5 |
Euro (EUR) |
295.1 |
298 |
UK Pound Sterling (GBP) |
342.6 |
346 |
U.A.E Dirham (AED) |
77.5 |
78.5 |
Saudi Riyal (SAR) |
74.5 |
75.3 |
Other Foreign Currencies
Currency | Buying Rate | Selling Rate |
---|
Australian Dollar (AUD) | 174 | 175 |
Bahrain Dinar (BHD) | 740 | 748 |
Canadian Dollar (CAD) | 201 | 203 |
Chinese Yuan (CNY) | 38.56 | 36.98 |
Danish Krone (DKK) | 35 | 36 |
Hong Kong Dollar (HKD) | 36 | 37.28 |
Indian Rupee (INR) | 3.46 | 3.57 |
Japanese Yen (JPY) | 1.88 | 1.95 |
Kuwaiti Dinar (KWD) |
906 |
915 |
Malaysian Ringgit (MYR) |
59.62 |
60.22 |
New Zealand Dollar (NZD) |
163.31 |
165.31 |
Norwegian Krone (NOK) |
25 |
26 |
Omani Riyal (OMR) |
727 |
726 |
Qatari Riyal (QAR) |
76 |
77 |
Singapore Dollar (SGD) |
198 |
200 |
Swedish Krona (SEK) |
25 |
26 |
Swiss Franc (CHF) |
309 |
312 |
Thai Baht (THB) |
7.66 |
7.81 |
It is important to note that exchange rates may vary based on location and the exchange company or bank involved in the transaction. The rates mentioned here are as of October 22, 2023, and may fluctuate due to market forces and foreign exchange demands.
Currency exchange rates are affected by various factors, including a country's economic stability, political developments, global events and market sentiment. Investors, businesses and individuals closely monitor these rates to make informed decisions about international trade, travel and investment.
To stay up-to-date with the latest exchange rates, individuals and businesses should regularly consult their chosen exchange service providers, financial institutions, or reputable financial news sources.