As of March 16, 2024, the current buying exchange rate for the Dollar to Pakistani Rupee (USD to PKR) is PKR 278.8, while the selling exchange rate stands at PKR 281.5, according to the Pakistan Open Market. This data is sourced from the Forex Association of Pakistan and is accurate as of the mentioned date.
Exchange Rate Update – March 16, 2024
On March 16, 2024, the USD to PKR exchange rate holds significant importance for individuals engaged in international trade, finance, or travel. As of this date, the exchange rate in Pakistan
USD to PKR in the Open Market
For those looking to exchange USD to PKR in the open market, it’s important to be aware of the current rates. As of Friday morning, the buying and selling rates for the US Dollar against the Pakistani Rupee are:
USD to PKR in the Interbank Market
In the Interbank Market, the USD to PKR exchange rate was recorded at Rs 278.88 during the closing of the Interbank Trading Session. Keep in mind that this rate may differ from the open market rates due to market dynamics.
| DATE | BUYING | SELLING |
| 16 Mar 2024 | 278.8 | 281.5 |
Factors Affecting Exchange Rates
It’s crucial to understand that exchange rates can change daily due to various factors, including:
- Market forces
- Interest rates
- Inflation
- Political stability
- Economic stability
- Speculation
For the most up-to-date exchange rates and to stay informed about the latest developments, visit our dedicated page on US Dollar to Pakistani Rupee News.