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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Pakistan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Pakistan bank accounts or pay a Pakistani rupee invoice.
US dollar (USD) to Pakistani rupee (PKR) market data - latest interbank exchange rate, trend, chart & historic rates.
USD/PKR Outlook: Slightly weaker, but likely to move sideways, as the rate is below its recent average and within its stable range.
USD/EUR Outlook: Slightly weaker, but likely to move sideways, as the rate is below the recent average and lacks a clear driver.
USD/JPY Outlook: Slightly positive, but likely to move sideways as the rate is just below its recent average and within a stable range.
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Pakistani rupee across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-PKR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best USD to PKR exchange rate is 276.22 from Wise. This is -1.3% compared to the mid-market rate 279.82.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Pakistani rupee (PKR) rates from different sources before making a conversion.
The above Dollar to Pakistani rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest USD-PKR mid-rate and the possible savings of using various providers.
Looking at the full USD to PKR - Send Money comparison table the provider with the best USD to PKR exchange rate is Wise at 276.22, -1.3% from the latest mid-market rate 279.82.
The next best is Western Union at 275.34, -1.6% from the mid-rate.
Then OFX at 270.05, which is -3.5% from the mid-rate.
Among the banks the Chase Bank rate is 256.42 at -8.4% the Wells Fargo Bank rate is 254.74 at -9% and the Citibank rate is 267.62 at -4.4% compared to the mid-rate 279.82.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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