How many Pakistani Rupees it takes to buy one US Dollar — the most-watched financial indicator in Pakistan.
EUR / PKR
319.24
GBP / PKR
368.23
SAR / PKR
74.23
USD / PKR — 24-Month Historical Trend
Historical chart source: SBP EasyData — Monthly Average Interbank Rate. This is a separate, slower-moving series from the live rate above — it lags and smooths out same-day market moves.
The USD/PKR exchange rate shows how many Rupees are needed to buy one US Dollar. Pakistan operates a market-determined (floating) exchange rate, meaning the rate moves based on supply and demand for foreign currency.
This page shows two distinct figures: the live interbank rate (updated hourly from market data) at the top, and a separate historical trend chart from the State Bank of Pakistan, which publishes a monthly average — useful for analyzing long-term trends, not for live trading decisions.
A weaker Rupee (rising USD/PKR) makes imports more expensive and inflates the cost of foreign debt repayments. A stronger Rupee (falling USD/PKR) makes imports cheaper but can hurt export competitiveness.
The exchange rate affects inflation directly — Pakistan imports a large share of its energy and raw materials in US Dollars, so Rupee depreciation quickly feeds into domestic prices.
It's also central to Pakistan's debt sustainability: a weaker Rupee increases the local-currency cost of servicing Pakistan's foreign-currency-denominated debt, which is a major fiscal concern.
What is the current USD to PKR exchange rate?
The current live USD/PKR interbank rate is approximately 278.38, updated hourly. This is distinct from SBP's monthly average historical series shown in the chart on this page.
Why is there a difference between the live rate and the SBP historical chart?
The live rate reflects real-time interbank market trading, updated hourly. SBP's published historical series is a monthly average (or previous interbank close), which lags and smooths out same-day market movements — it's meant for trend analysis, not live trading decisions.
What causes the Rupee to weaken or strengthen?
The Rupee's value is driven by Pakistan's trade balance, foreign reserves, remittance inflows, interest rate differentials with the US, IMF program developments, and overall market sentiment toward Pakistan's economy.
Does the State Bank of Pakistan control the exchange rate?
SBP officially operates a market-determined exchange rate regime, though it can intervene periodically to smooth excessive volatility using its foreign reserves.
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