Foreign exchange rates play a significant role in shaping the global economy, influencing financial decisions for individuals and businesses alike. In a trade-dependent country like Pakistan, these rates determine the local currency required for imports and international transactions.
Fluctuations in exchange rates impact various aspects of the economy, from consumer goods prices to global trade agreements. For travelers and those making international payments, staying informed about the latest currency values is crucial to managing expenses and avoiding financial surprises.
According to the Forex Association of Pakistan, today’s exchange rates are as follows:
Currency Exchange Rates (Buying/Selling):
- Australian Dollar: 172.75 / 175.00
- Bahraini Dinar: 739.10 / 747.10
- Canadian Dollar: 191.60 / 194.00
- Chinese Yuan: 37.59 / 37.99
- Danish Krone: 38.31 / 38.71
- Euro: 286.25 / 289.00
- Hong Kong Dollar: 35.43 / 35.78
- Indian Rupee: 3.14 / 3.23
- Japanese Yen: 1.81 / 1.87
- Kuwaiti Dinar: 899.20 / 908.70
- Malaysian Ringgit: 63.04 / 63.64
- New Zealand Dollar: 155.18 / 157.18
- Norwegian Krone: 24.46 / 24.76
- Omani Riyal: 723.40 / 731.90
- Qatari Riyal: 75.91 / 76.61
- Saudi Riyal: 74.20 / 74.75
- Singapore Dollar: 205.00 / 207.00
- Swedish Krona: 25.01 / 25.31
- Swiss Franc: 304.14 / 306.89
- Thai Baht: 8.09 / 8.24
- UAE Dirham: 75.85 / 76.50
- UK Pound Sterling: 344.00 / 347.50
- US Dollar: 279.60 / 281.10
Monitoring exchange rates helps individuals plan their finances efficiently, while businesses can adjust pricing strategies to stay competitive. Given the ever-changing nature of currency markets, keeping up-to-date with the latest rates is essential for making well-informed financial decisions in an increasingly interconnected world.