On August 31, 2023, Pakistan’s current exchange rate for the dollar is Rs. 304.45. At the start of today’s business day, this was the interbank exchange rate between the US dollar and the Pakistani rupee.
It is important to note that the interbank market rates and open market rates offered by banks or foreign exchange organizations are slightly higher than this Dollar to PKR (US Dollar to Pakistani Rupee Rate in Pakistan) Today, August 31, 2023.
While outgoing transactions are charged at open market rates, all incoming remittances are credited to clients’ accounts based on the interbank rate. In essence, banks charge clients open market rates when they purchase foreign currency and interbank rates when they sell it.
At the close of the interbank market on Wednesday (30 August 2023) the US Dollar rate was Rs. 304.45 against the Pakistani Rupee (PKR), and the new closing rate for USD to PKR for August 31 2023 will be updated at the end of the business day.
The US Dollar to Pakistani Rupee (PKR) exchange rate in Pakistan today, August 31, 2023, is shown below, along with the appreciation and depreciation over the previous day (the table is updated at the close of business).
USD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 31 August 2023 | Rs. 304.45 | – |
| 30 August 2023 | Rs. 304.45 |