The current exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) in Pakistan, as of September 4, 2023, is Rs. 331.52. 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 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 website periodically 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.
The exchange rate between the Euro and the Pakistani Rupee (EUR to PKR) on the 4th of September 2023 commenced at Rs. 331.52 at the onset of the business day. Nevertheless, the aforementioned item will be supplemented with the concluding exchange rate between the Euro and the Pakistani Rupee (PKR) in the interbank market. This information is sourced from the State Bank of Pakistan (SBP) and is made available at the conclusion of every operational day.
The following table presents the most recent closing exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) as of today, September 4, 2023. It also indicates whether there has been an appreciation or depreciation in the currency rate.
EURO to PKR Rate in Pakistan Today
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 4 September 2023 | Rs. 331.52 | – |
| 1 September 2023 | Rs. 331.52 |