| Currency | Symbol | Buying | Selling |
|---|---|---|---|
U.S. Dollar |
USD | 279.05 PKR | 279.70 PKR |
Euro |
EUR | 324.32 PKR | 328.95 PKR |
British Pound |
GBP | 372.17 PKR | 377.30 PKR |
UAE Dirham |
AED | 75.75 PKR | 76.85 PKR |
Saudi Riyal |
SAR | 74.35 PKR | 75.35 PKR |
Kuwaiti Dinar |
KWD | 879.28 PKR | 889.06 PKR |
Canadian Dollar |
CAD | 201.53 PKR | 205.46 PKR |
Australian Dollar |
AUD | 198.36 PKR | 202.25 PKR |
Omani Riyal |
OMR | 722.05 PKR | 732.85 PKR |
Japanese Yen |
JPY | 1.74 PKR | 1.84 PKR |
Malaysian Ringgit |
MYR | 65.25 PKR | 66.20 PKR |
Qatari Riyal |
QAR | 74.65 PKR | 75.55 PKR |
Bahrain Dinar |
BHD | 731.47 PKR | 742.75 PKR |
How Currency Exchange Works
At its core, a currency exchange rate determines the value of one country's currency against another. It essentially tells you how much of your local money you need to give up to buy a specific amount of foreign cash.
Key Concepts to Keep in Mind:
Determining Value: Exchange rates are primarily driven by global foreign exchange traders based on supply, demand, economic stability, and geopolitical events.
Economic Indicator: A rising exchange rate indicates a strengthening currency, while a falling rate suggests it is weakening.
Buying vs. Selling Rates: Before making a transaction, always check both rates:
Buying Rate: The rate at which the exchange company will buy foreign currency from you.
Selling Rate: The rate at which the company will sell foreign currency to you.
Where to Go: While National Banks often provide the most competitive rates, dedicated money changers are widely available and highly convenient.
Determining Value: Exchange rates are primarily driven by global foreign exchange traders based on supply, demand, economic stability, and geopolitical events.
Economic Indicator: A rising exchange rate indicates a strengthening currency, while a falling rate suggests it is weakening.
Buying vs. Selling Rates: Before making a transaction, always check both rates:
Buying Rate: The rate at which the exchange company will buy foreign currency from you.
Selling Rate: The rate at which the company will sell foreign currency to you.
Where to Go: While National Banks often provide the most competitive rates, dedicated money changers are widely available and highly convenient.
Major Currency Exchange Outlets in Pakistan
If you are looking to exchange money in Pakistan, there are several licensed and recognized money changers and remittance services available, including:
Western Union (Widely available nationwide for remittances)
Dollar East Money Changer
Pakistan Currency Exchange Co Pvt Limited
Habib Qatar International Exchange Pakistan
Wall Street Exchange Co Pvt Ltd
Link International Exchange Co Pvt Ltd
Prominent Exchanges in Lahore:
AA Exchange
Paragon Exchange
Ravi Exchange
Pay Exchanger
Apni Exchange
AA Exchange
Paragon Exchange
Ravi Exchange
Pay Exchanger
Apni Exchange

U.S. Dollar
Euro
British Pound
UAE Dirham
Saudi Riyal
Kuwaiti Dinar
Canadian Dollar
Australian Dollar
Omani Riyal
Japanese Yen
Malaysian Ringgit
Qatari Riyal
Bahrain Dinar
Post a Comment