Currency exchange Rates in Pakistan May 06, 2024: On Monday, May 6, 2024, the exchange rate for one US Dollar against Pakistani rupees stood at Rs 277.25 in both the local and open market, with a selling rate of Rs 280. It’s important to note that exchange rates are subject to variations based on several factors, including the geographical location and the specific Exchange Company or bank handling the transaction. In Pakistan’s open market, a range of foreign and local currency exchange rates are applicable for various currencies, including the US Dollar, UK Pound Sterling, European Euro, UAE Dirham, Saudi Riyal, and other foreign currencies.
These rates are crucial for individuals and businesses engaged in international transactions, trade, and travel, as they determine the value of currency conversions and impact financial decisions. Keeping abreast of these exchange rates facilitates informed decision-making and ensures efficient management of financial transactions in the local and global markets.
All Currency exchange Rates in Pakistan Today May 06, 2024
In the current foreign exchange market in Pakistan, various currencies are traded against the Pakistani rupee (PKR). As of the latest data, the exchange rates for different currencies vary for buying and selling purposes. For instance, the US Dollar (USD) is being bought at Rs 277.25 and sold at Rs 280. Similarly, the Euro (EUR) has a buying rate of Rs 295.7 and a selling rate of Rs 298.65. The UK Pound Sterling (GBP) can be bought at Rs 344.6 and sold at Rs 348. Other notable currencies include the U.A.E Dirham (AED), Saudi Riyal (SAR), Australian Dollar (AUD), Bahrain Dinar (BHD), Canadian Dollar (CAD), and many more. Each with its respective buying and selling rates.
These exchange rates play a crucial role in international trade, finance, and travel, impacting the value of currency conversions and influencing economic decisions both domestically and internationally. It’s essential for individuals and businesses engaged in foreign transactions to stay informed about these exchange rates to make informed financial decisions.
Currency exchange Rates in Pakistan
| Currency | Abbreviation | Buying Rate | Selling Rate |
|---|---|---|---|
| US Dollar | USD | 277.25 | 280.00 |
| Euro | EUR | 295.70 | 298.65 |
| UK Pound Sterling | GBP | 344.60 | 348.00 |
| U.A.E Dirham | AED | 74.20 | 75.90 |
| Saudi Riyal | SAR | 73.30 | 74.00 |
| Australian Dollar | AUD | 180.00 | 182.00 |
| Bahrain Dinar | BHD | 740.00 | 748.00 |
| Canadian Dollar | CAD | 201.00 | 203.00 |
| China Yuan | CNY | 38.89 | 39.04 |
| Danish Krone | DKK | 40.38 | 41.06 |
| Hong Kong Dollar | HKD | 35.74 | 36.22 |
| Indian Rupee | INR | 3.39 | 3.48 |
| Japanese Yen | JPY | 1.90 | 2.00 |
| Kuwaiti Dinar | KWD | 902.00 | 911.00 |
| Malaysian Ringgit | MYR | 58.48 | 59.08 |
| New Zealand Dollar | NZD | 177.84 | 179.84 |
| Norwegian Krone | NOK | 25.02 | 25.32 |
| Omani Riyal | OMR | 727.00 | 730.00 |
| Qatari Riyal | QAR | 77.04 | 77.74 |
| Singapore Dollar | SGD | 207.00 | 209.00 |
| Swedish Krona | SEK | 25.98 | 26.00 |
| Swiss Franc | CHF | 320.98 | 323.48 |
| Thai Baht | THB | 7.76 | 7.91 |
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