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Foreign Exchange Guide to Pakistan

Latest market mid-rate: 1.0 =

Country Code:
PK
Domestic Currency:
Pakistani rupee
Symbol - Code:
₨ PKR
Telephone Prefix:
+92

In this guide we review :

  1. Pakistani rupee info - general info about the Pakistani rupee
  2. Pakistani rupee in the markets - recent PKR moves and predictions from the FX markets
  3. Travelling in Pakistan - currency & money saving tips
  4. Buying Pakistani rupee cash online - travel money for Pakistan
  5. Sending money to Pakistan - save on Pakistani rupee bank transfers to Pakistan
  6. Pakistani rupee exchange rates - latest info & charts.

Pakistani rupee (PKR) general currency information

What is the Pakistani rupee currency code and symbol?

The three letter currency code for the Pakistani rupee is PKR and the symbol is .

Which countries use the Pakistani rupee?

It is the domestic currency in Pakistan.


Pakistani rupee (PKR) in the markets

The interactive chart below shows the PKR to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.

Loading PKR/USD Chart
PKR calculator

Currency and money saving tips for Pakistan

Pakistan is often avoided due to political instability. The official currency of Pakistan is the Pakistani Rupee (PKR). If you want to exchange currency within Pakistan US Dollars and Euros are usually mostly accepted. Airports have 24 hour exchange bureaus, and hotels will often exchange cash, both however will usually charge a 3% charge. Banks also offer rather poor rates, making using an ATM the quickest, cheapest and most convenient way to get hold of cash. ATM's will ony accept chip enabled cards, not ones with only a magnetic strip on the back.Always make sure you have the newer, undamaged notes, as otherwise they won’t be accepted.

ATM's are usually easily available all through Pakistan, however in country areas they are not always reliable. So if you intend to leave the cities be sure t have some cash in hand. In Pakistan, it is mostly expected to use cash so cards are widely unaccepted. Make a point of letting your bank know you are going to be travelling in Pakistan to avoid your card being blocked by your bank, due to card fraud being high in this region.

Public transport is not considered safe for foreigners, air travel is somewhat safer. A number of original forms of ID are required however, copies will not be accepted.

Pakistan Trip Checklist   

  1. Compare PKR travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Pakistan
  3. Lonely Planet - world's best travel guide (coupon and deals)

Travel money for Pakistan

Save money and time by Ordering your Pakistani rupee online from Travelex, you get better rates and can pick up the PKR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Pakistani rupee otherwise you may get much worst exchange rates.

Travel Money Exchange Rates Compared

Buying PKR Cash with USD 1,000

 Travelex Online
1USD=103.986PKR
₨103,986 PKR (10.12%)
Free Home Delivery when you Buy Online Travel Money & Cards with $0 commission and great exchange rates only available from Travelex Online. Zero cost for Home Delivery or pickup your foreign cash at your local Travelex store or at the airport on departure day. * Home deliveries can only be made to the registered billing address of your chosen payment method.
Price Details
Receive: ₨103,986 PKR
Exchange Rate: 103.986
Fees: USD 0
Total Cost : 10.12% (from mid-rate: 115.7000)
Amount of money that could be received by your currency exchange at rate USD/PKR=103.986 and inclusive of the fee of USD 0.
Rate timestamp : Mon Apr 23 2018 18:00:03 GMT+0000 (UTC)
Bank Rates - Average
1USD=101.24PKR
₨100,228 PKR (13.37%)
This is the average USD to PKR Buy Foreign Cash exchange rate from multiple banks, exchange kiosks and post-offices, available over the counter and via the internet.

 
Price Details
Receive: ₨100,228 PKR
Exchange Rate: 101.24
Fees: USD 10 (1%)
Total Cost : 13.37% (from mid-rate: 115.7000)
Receive PKR ₨3,758 less than with   Travelex Online
Amount of money that could be received by your currency exchange at rate USD/PKR=101.24 and inclusive of the fee of USD 10 (1%).
Rates snapshot: 04/23/2018
 

Sending money to Pakistan

When sending money to Pakistan it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Pakistani rupee amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted PKR amount will be transfered to the recipient account you specify in Pakistan.

By comparing the rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Pakistani rupee deposited into the recipient bank account in Pakistan and less margins and fees kept by the banks!

Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote

Compare Foreign Transfers

Sending USD 10,000 to PKR

 OFX (prev. USForex)
1USD=111.94PKR
₨1,119,400 PKR (3.25%)
Book & track your foreign transfers online (24/7) with industry best rates for all your deals - not just the first one! Lock in exchange rates with Spot & Forward Deals. BestExchangeRates users get the transfer fees waived.
Price Details
Receive: ₨1,119,400 PKR
Exchange Rate: 111.94
Fees: USD 0
Total Cost : 3.25% (from mid-rate: 115.7000)
This is the amount of money that could be received by your transfer at rate USD/PKR=111.94 and inclusive of the fee of USD 0.
Rate timestamp : Mon Apr 23 2018 18:05:26 GMT+0000 (UTC)
Bank Rates - Average
1USD=108.91PKR
₨1,087,466 PKR (6.01%)
This is the average USD to PKR International Transfer exchange rate and fees from multiple banks for FX rates available over the counter and also via Internet Banking.

 
Price Details
Receive: ₨1,087,466 PKR
Exchange Rate: 108.91
Fees: USD 15
Total Cost : 6.01% (from mid-rate: 115.7000)
Receive PKR ₨31,934 less than with   OFX
This is the amount of money that could be received by your transfer at rate USD/PKR=108.91 and inclusive of the fee of USD 15.
 

Pakistani rupee - exchange rates

Major PKR cross rates
View Full List (A-Z)
1PKR=