Dollar Rate in Pakistan: USD to PKR Open Market Updated Prices (Nov 2023)
–Dollar Rate in Pakistan Today 2023
–Popular Currencies in the World
–PKR Vs Other Major Currencies
Searching for the latest USD to PKR rate in Pakistan? Read on to fetch the most up-to-date information about the open forex market, interbank currency rates and the performance of the Pakistani rupee against other popular currencies of the world.
The foreign exchange rates for buying and selling currencies keep changing on a daily basis. Noteworthy factors causing these fluctuations are the country’s economy, import/export operations and changing pace of industrial trade. Now, without further ado, let’s take a look at the US dollar rate in Pakistan today, given in the table below.
Dollar Rate in Pakistan Today 2023 (Latest USD to PKR Rate)
| USD to PKR | BUYING | SELLING |
| Open Market Rate | PKR 285.4 | PKR 288.2 |
| Interbank Rate | PKR 285.7 | PKR 286.2 |
The above table will help you convert US Dollar to Pakistan Rupee
Note: The US Dollar to Pakistan Rupee rate mentioned in the table above is, as of November 28, 2023.
Most Traded Currencies in the World
After discussing the dollar rate today in Pakistan, let’s check out other top-performing currencies in the world.
| 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 drastic change in exchange rates, which has now become a pretty common occurrence, has a widespread impact on the overall economy of the country. The changing value of the imported components and other materials has a direct impact on the local market.
The fluctuating foreign exchange rates also affect the country’s investment potential and the rate of inflation. The devaluation or strengthening of the local currency also influences the employment sector.
Popular Currencies: Open Market Forex & Interbank Rates
While keeping an eye on today’s dollar rate in Pakistan, don’t forget to check the following forex rates. Here are the open market and interbank rates of some highly popular currencies.
Australian Dollar
| AUD | Buying | Selling |
| Open Market Rate | PKR 186 | PKR 187.5 |
| Interbank Rate | PKR 187.57 | PKR 188.07 |
Canadian Dollar
| CAD | Buying | Selling |
| Open Market Rate | PKR 208 | PKR 210 |
| Interbank Rate | PKR 209 | PKR 209.5 |
Chinese Yuan
| CNY | Buying | Selling |
| Open Market Rate | PKR 39.93 | PKR 40.33 |
| Interbank Rate | PKR 39.84 | PKR 39.94 |
Japanese Yen
| JPY | Buying | Selling |
| Open Market Rate | PKR 1.55 | PKR 1.63 |
| Interbank Rate | PKR 1.89 | PKR 1.92 |
Euro
| EUR | Buying | Selling |
| Open Market Rate | PKR 312 | PKR 315 |
| Interbank Rate | PKR 312.12 | PKR 312.72 |
UK Pound
| GBP | Buying | Selling |
| Open Market Rate | PKR 358.5 | PKR 362 |
| Interbank Rate | PKR 359.60 | PKR 360.25 |
UAE Dirham
| AED | Buying | Selling |
| Open Market Rate | PKR 78 | PKR 78.75 |
| Interbank Rate | PKR 77.63 | PKR 77.78 |
Saudi Riyal
| SAR | Buying | Selling |
| Open Market Rate | PKR 76.25 | PKR 77 |
| Interbank Rate | PKR 76.01 | PKR 76.16 |
USD to PKR History: From 1947 to 2023
Wondering what was the rate of 1 USD to PKR in 1947, right after Independence? Here’s a complete history of dollar rates in Pakistan divided into decades.
| 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 288.2* |
*The dollar price in Pakistan today is PKR 288.2, as of November 28, 2023.
This was everything you needed to know about the latest open market forex rates in Pakistan, including the USD to PKR conversion. If you have any queries or feedback related to the blog, feel free to write to us at blog@zameen.com.
On a side note, don’t forget to check out our detailed blog on how to use PayPal in Pakistan and its popular alternatives. It’s your guide to using the most reliable international and local payment getaways for local and international transactions.
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