The live mid-rate USD to PKR exchange rate is 277.94. Compare currency conversion rates - Reduce FX costs.
The best USD to PKR exchange rate is 276.13 from Wise. This is -0.65% compared to the mid-market rate 277.94.
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.
Looking at our comparison table the best USD to PKR exchange rate is 276.13 from Wise, -0.65% from the mid-market rate 277.94. The next best rate is 271.27 from WorldRemit, -2.4% from the mid-rate. WorldRemit with 271.27 is -2.4% from the mid-rate.
The Western Union rate is 273.49 which is -1.6% from the mid-rate.
Among the banks, the Citibank rate is 264.8 at -4.7%, the Chase Bank rate is 253.69 at -8.7%, and the Wells Fargo Bank rate is 252.02 at -9.3% from the mid-rate.
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.
The Dollar to Pakistani rupee comparison table above 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 (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Pakistani rupee (PKR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/PKR | Change | Period |
|---|---|---|---|
20 Nov 2024 | 278.03 | 0.1% ▲ | 2 Week |
05 Sep 2024 | 278.35 | 0% ▼ | 3 Month |
05 Dec 2023 | 284.48 | 2.2% ▼ | 1 Year |
06 Dec 2019 | 154.78 | 79.8% ▲ | 5 Year |
07 Dec 2014 | 101.45 | 174.3% ▲ | 10 Year |
09 Dec 2004 | 59.34 | 369% ▲ | 20 Year |
Here are some popular conversion amounts for USD to PKR (US dollar to Pakistani rupee)*.
*Converted at the current USDPKR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the USD to PKR exchange rate indicate a complex interplay in currency valuations driven by both US domestic data and global economic sentiments. The US dollar (USD) has recently rebounded strongly, particularly following the surprising rise in job openings reported in October, which has led currency strategists to anticipate continued strength in the USD. Analysts have pointed out that the markets are closely monitoring upcoming economic indicators, such as the ISM services PMI, which if positive, could further bolster the dollar's position against other currencies, including the Pakistani rupee (PKR).
Read our full review of recent USD to PKR forecasts.
There are several ways to save on exchange rates when converting US dollar to Pakistani rupee:
Generally speaking, if you are buying Pakistani rupee with US dollar, then it's better for the USD/PKR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Pakistan - a practical currency and money guide to travel, living and doing business in Pakistan with the Pakistani rupee.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add USD/PKR to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
| United States (USD) | Pakistan (PKR) |
There is no definitive answer to this question as the cost of living in Pakistan can vary greatly depending on the individual's lifestyle and location. However, according to The Economist's Worldwide Cost of Living Survey, Pakistan is the 47th most expensive country in which to live.
Expat life in Pakistan can be incredible rewarding. The country has a rich culture and history, and the people are warm and welcoming. There are many opportunities to get involved in the community, and the cost of living is relatively low. However, there are also some challenges that come with living in Pakistan. The infrastructure can be challenging, and the political situation is unstable. There is also a high risk of crime and terrorism.
Read more at our Pakistan (PKR) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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