The current exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) in Pakistan on August 29, 2023, is recorded as Rs. 326.16. This rate represents the interbank rate at the commencement of the business day. Moreover, the aforementioned exchange rate will vary in accordance with the prevailing demand for the respective foreign currency within the market.
The State Bank of Pakistan (SBP) will furnish the closing interbank rate for the Euro to Pakistani Rupee (PKR) at the conclusion of the business day. Hence, it is advisable to revisit the platform periodically in order to obtain the most recent closing exchange rate.
In contrast to the interbank rate, the open market rate for Euro to PKR exhibits a marginal increase by a few rupees.
It is important to note that foreign exchange companies typically provide interbank rates when purchasing currency from customers, which encompasses any incoming remittances.
In contrast, forex currency dealers or banks tend to impose a higher open market rate when selling foreign currency to customers.
Euro to Pakistani Rupee (EUR to PKR) Rate Today
The exchange rate between the Euro and the Pakistani Rupee (EUR to PKR) for August 29, 2023, is recorded as Rs. 326.16 at the commencement of the trading day. Nevertheless, the aforementioned post will be supplemented with the concluding exchange rate between the Euro and the Pakistani Rupee (PKR) in the interbank market, as furnished by the State Bank of Pakistan (SBP) at the conclusion of every working day.
The following table presents the most recent closing exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) as of today, August 29, 2023. It also indicates whether there has been an appreciation or depreciation in the currency rate.
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 29 August 2023 | Rs. 326.16 | – |
| 28 August 2023 | Rs. 326.16 |