Dollar to Pakistani Rupee Exchange Rate – On May 16, 2023, Pakistan’s exchange rate for one dollar is 284.97 rupees. At the start of today’s work 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 businesses are slightly higher than this Dollar to PKR (US Dollar to Pakistani Rupee Rate in Pakistan) Today on 16 May 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.
1 Dollar Price in Pakistan Today 2023
At the close of the interbank market on Monday (15 May 2023) the US Dollar rate was Rs. 284.97 against the Pakistani Rupee (PKR), and the new closing rate for USD to PKR for Tuesday (16 May 2023) will be updated at the conclusion of the business day.
The US Dollar to PKR (Pakistani Rupee) exchange rate in Pakistan today, May 16, 2023, is shown below, along with the appreciation and depreciation over the previous day (the table is updated at the close of business).
Dollar Rate in 16 May 2023 in Pakistan – USD to PKR
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 16 May 2023 | Rs. 284.97 | – |
| 15 May 2023 | Rs. 284.97 |