According to the State Bank of Pakistan (SBP), at the start of the interbank market on August 31, 2023, the value of the British pound was Rs. 384.83.
The exchange rate between the Great Britain Pound (GBP) and Pakistani Rupee (PKR) changes constantly depending on the availability and demand of foreign money in the local market.
The State Bank of Pakistan (SBP) provides the closing interbank rate for the British Pound (GBP) to Pakistani Rupee (PKR) at the conclusion of each business day (Monday through Friday). Therefore, to get the most recent exchange rate, come back at the end of the business day.
While this is going on, banks and currency exchange organizations typically use the open market rate of GBP to PKR, which is a little bit higher than the interbank rate, when purchasing foreign currency from clients.
Additionally, it is important to note that State Bank of Pakistan’s (SBP) interbank rates are used to credit all incoming remittances to customers’ bank accounts.
At the start of the business day on August 31, 2023, the British Pound (GBP) rate is Rs. 384.83 versus the Pakistani Rupee (PKR), and it will change during the day. At the conclusion of the business day, the British Pound to Pakistani Rupee exchange rate for today will be revised.
Closing Interbank Rate
Additionally, the table below (updated at the end of the business day) contains the British Pound to Pakistani Rupee (GBP to PKR) closing interbank rate in Pakistan Today on August 31, 2023.
The appreciation or depreciation (in PKR) relative to the prior day is also shown in the table.
GBP to PKR Exchange Rate in Pakistan Today
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 31 August 2023 | Rs. 384.83 | – |
| 30 August 2023 | Rs. 384.83 |