Currency exchange rates can significantly impact various aspects of the economy, including trade, investments, and tourism. These rates are subject to change based on market forces and foreign currency demands. In Pakistan, exchange rates are updated at 09:00 AM on Pakistan Standard Time (PST). Let’s delve into the details of the exchange rates for different foreign currencies in Pakistan today.
The US Dollar Exchange Rate
The exchange rate for one US Dollar against Pakistani Rupees was recorded at Rs 280.5 in the local and open market, with a selling rate of Rs 283.25 on November 1, 2023. The US Dollar’s rate has a pivotal role in international trade and financial markets, making it a crucial rate to monitor.
The fluctuations in exchange rates can vary based on the location and the exchange company or bank involved in the transaction. It’s important to keep this in mind when conducting currency exchange operations.
The Euro Exchange Rate
For those dealing with the Euro, the exchange rate in Pakistan on November 1, 2023, is Rs 296.3 for buying and Rs 299.2 for selling. The Euro is a widely used currency in international trade and is essential for businesses involved in the European market.
The UK Pound Sterling Exchange Rate
The UK Pound Sterling is another significant currency, and its exchange rate in Pakistan stands at Rs 344 for buying and Rs 347 for selling on November 1, 2023. As a key player in the global economy, this rate is vital for those engaged in trade with the United Kingdom.
The U.A.E Dirham Exchange Rate
The U.A.E Dirham has an exchange rate of Rs 79 for buying and Rs 79.75 for selling on November 1, 2023. This rate is of particular importance for businesses dealing with the United Arab Emirates.
The Saudi Riyal Exchange Rate
Saudi Riyal holds a rate of Rs 75 for buying and Rs 75.85 for selling in Pakistan on November 1, 2023. It plays a pivotal role in trade relations with Saudi Arabia.
The Australian Dollar Exchange Rate
The Australian Dollar exchange rate in Pakistan is Rs 178.25 for buying and Rs 180 for selling on November 1, 2023. This rate is crucial for those engaged in trade with Australia.
The Bahrain Dinar Exchange Rate
Businesses dealing with Bahrain should note that the exchange rate for the Bahrain Dinar is Rs 745.18 for buying and Rs 753.81 for selling on November 1, 2023.
The Canadian Dollar Exchange Rate
The Canadian Dollar’s exchange rate stands at Rs 204 for buying and Rs 206 for selling on November 1, 2023. This rate is essential for trade relations with Canada.
The China Yuan Exchange Rate
For those trading with China, the exchange rate for the China Yuan is Rs 38.51 for buying and Rs 38.91 for selling on November 1, 2023.
The Danish Krone Exchange Rate
The Danish Krone exchange rate in Pakistan is Rs 39.55 for buying and Rs 39.95 for selling on November 1, 2023.
The Hong Kong Dollar Exchange Rate
On November 1, 2023, the Hong Kong Dollar has an exchange rate of Rs 35.62 for buying and Rs 35.92 for selling.
The Indian Rupee Exchange Rate
The exchange rate for the Indian Rupee stands at Rs 3.37 for buying and Rs 3.48 for selling on November 1, 2023.
The Japanese Yen Exchange Rate
For trade with Japan, the exchange rate for the Japanese Yen is Rs 1.65 for buying and Rs 1.72 for selling on November 1, 2023.
The Kuwaiti Dinar Exchange Rate
The Kuwaiti Dinar holds an exchange rate of Rs 904.01 for buying and Rs 913.1 for selling on November 1, 2023.
The Malaysian Ringgit Exchange Rate
Businesses involved with Malaysia should be aware that the exchange rate for the Malaysian Ringgit is Rs 58.48 for buying and Rs 59.08 for selling on November 1, 2023.
The New Zealand Dollar Exchange Rate
The New Zealand Dollar has an exchange rate of Rs 163.07 for buying and Rs 165.07 for selling on November 1, 2023.
The Norwegians Krone Exchange Rate
The Norwegians Krone exchange rate in Pakistan is Rs 25.02 for buying and Rs 25.32 for selling on November 1, 2023.
The Omani Riyal Exchange Rate
For those dealing with Oman, the exchange rate for the Omani Riyal stands at Rs 727.9 for buying and Rs 735.9 for selling on November 1, 2023.
The Qatari Riyal Exchange Rate
The exchange rate for the Qatari Riyal is Rs 77.04 for buying and Rs 77.74 for selling on November 1, 2023.
The Singapore Dollar Exchange Rate
The Singapore Dollar’s exchange rate in Pakistan is Rs 202 for buying and Rs 204 for selling on November 1, 2023.
The Swedish Korona Exchange Rate
Businesses involved with Sweden should note that the exchange rate for the Swedish Korona is Rs 24.98 for buying and Rs 25.28 for selling on November 1, 2023.
