Latest Currency Exchange Rates in Pakistan Open Market – April 16, 2025

If you’re keeping an eye on foreign currency rates in Pakistan, knowing the open market values is crucial. The open market is where most individuals and businesses go for currency exchange, and these rates often differ from the interbank rates set by financial institutions. On April 16, 2025, the Pakistani Rupee (PKR) continues to show movement against various major currencies, reflecting economic trends, global demand, and local market conditions.

Unlike fixed interbank rates, open market rates are influenced by public demand and supply. Travelers, investors, and remittance receivers often rely on these rates to make decisions. Let’s take a closer look at how the major currencies are performing today.

The US Dollar (USD) remains a strong performer, with its buying rate at Rs. 280.25 and selling at Rs. 281.75. Given the consistent demand for USD in international trade and remittances, it typically holds a high value in Pakistan’s currency market.

The Euro (EUR) also continues its momentum, being bought at Rs. 303.75 and sold at Rs. 306.50. With many Pakistanis working in Europe and sending money back home, the Euro remains a key currency in the open market.

Similarly, the British Pound (GBP), often the highest-valued currency in the market, is trading at Rs. 361.00 for buying and Rs. 364.50 for selling. This makes it a significant currency for those dealing with the UK, whether for education, business, or travel.

In the Middle Eastern currencies, the Saudi Riyal (SAR) is bought at Rs. 74.45 and sold at Rs. 75.00, while the UAE Dirham (AED) is slightly higher, being bought at Rs. 76.25 and sold at Rs. 76.60. These rates are especially important for families receiving remittances from Gulf countries.

The Canadian Dollar (CAD) stands at Rs. 195.60 (buying) and Rs. 198.00 (selling), reflecting its stable performance against PKR. Likewise, the Australian Dollar (AUD) is trading at Rs. 176.25 and Rs. 178.50 for buying and selling respectively.

Also Read: Nepalese Rupee to Pakistani Rupee – Check Latest NPR to PKR Rates

For travelers, students, and businesses dealing with international currencies, staying updated with the latest open market exchange rates is vital. These rates shift frequently due to global economic shifts, political changes, and local market activity. Always check reliable sources and compare before making any currency exchanges.

Below is the summarized rate chart for today:

Rates are based on the latest open market data and are subject to change without notice.