Currency Converter

Two types of exchange rates are commonly reported in Pakistan: the open market rate and the SBP rate.

The open market rate is what exchange companies and banks actually use for transactions. The SBP rate is the State Bank of Pakistan's official reference rate. Small differences between the two are normal — but a large or sustained gap can indicate market volatility or liquidity pressure.

BaKhabar Pakistan shows both rates side by side so you can compare them yourself and make better-informed decisions. We also cross-check against SBP — when the market rate is within 1% of the SBP rate, we display a "✓ Verified" badge on that currency pair.

For diaspora users sending money home, the rate that matters most is the one your remittance provider actually gives you — which is typically close to the open market rate but includes a spread or fee. That's why knowing both the market rate and the SBP benchmark helps you judge whether a provider's offered rate is fair.

Compare the rupees received, not just the fee. Many providers advertise "no fee" but build their margin into the exchange rate. Multiply your amount by the market rate on this page, then compare it with the PKR amount your provider quotes. The gap is your real cost.

Compare on the day you send. PKR rates move, so last week's quote may not hold today.

Pick the delivery method that suits the recipient. Mobile wallets (JazzCash, Easypaisa) and cash pickup usually arrive within minutes, while bank deposits can take one to two business days.

Use a licensed provider. Choose a service licensed by the Central Bank of the UAE, and avoid informal channels.

Keep your details ready. Emirates ID or passport, the recipient's full name exactly as on their account, their IBAN or account number, and the purpose of the transfer.

Bank transfer is usually cheaper than card. Funding a transfer by bank transfer generally costs less than paying by card.

Popular online services (listed alphabetically, not ranked):

• Remitly — mobile wallet and bank delivery, real-time tracking
• Taptap Send — Easypaisa, JazzCash, banks and cash pickup

Rates and fees change, so confirm the final amount with your provider before sending.

Market rates are sourced from international exchange rate APIs and updated four times daily (10AM, 1PM, 4PM, 7PM PKT). The SBP rate is scraped from the State Bank of Pakistan's website — if SBP is unavailable, we fall back to forex.pk's interbank mid-rate.

AED and SAR SBP-derived rates are calculated from their fixed USD pegs (AED: 3.6725 since 1997, SAR: 3.75 since 1986), which makes them highly accurate. GBP and EUR SBP-derived rates use market cross-rate approximations and may have slightly wider variance.

All five currency pairs go through the same verification pipeline as our gold rates — the same infrastructure that earned the "✓ Verified" badge trusted by users across our gold, silver, and currency pages.

About this page. Prepared and reviewed by Muhammad Awais Rashid, ACMA, a finance professional with 8+ years of experience. Rates are for reference and refreshed four times daily.

Spotted a mistake? Message us on WhatsApp and we'll re-check it against the source.

This content is for information only and is not financial advice. Confirm the final rate with your provider before sending or exchanging money.