Today, the State Bank of Pakistan, the country’s central bank, has set the official exchange rate for the US Dollar (USD) to Pakistani Rupee (PKR) at PKR 286.80 in the interbank market. This rate serves as a benchmark for financial institutions and represents the conversion value for large-scale transactions.
It is important to note that the buying and selling rates for the USD to PKR may vary between the interbank market and currency exchange platforms or the open market. The interbank exchange rate is often used by banks and corporations for significant transactions, while the open market rates may fluctuate due to supply and demand dynamics.
USD to PKR Interbank Rates History
| DATE | BUYING | SELLING |
|---|---|---|
| Today | 286.4 | 286.80 |
| 23 May, 23 | 286.40 | 286.80 |
| 22 May, 23 | 285.70 | 286.00 |
| 21 May, 23 | 285.32 | 285.82 |
| 20 May, 23 | 285.32 | 285.82 |
| 19 May, 23 | 285.12 | 285.62 |
| 18 May, 23 | 284.90 | 285.40 |
| 17 May, 23 | 284.90 | 285.60 |
| 16 May, 23 | 284.47 | 284.97 |
| 15 May, 23 | 284.47 | 284.97 |
| 14 May, 23 | 284.70 | 285.60 |
In today’s trading, the USD to PKR exchange rate experienced an increase of PKR 0.80 or 0.280% in the interbank market. This indicates a slight appreciation of the US Dollar against the Pakistani Rupee, as more Pakistani Rupees are required to obtain one US Dollar compared to the previous trading session.
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