In the dynamic landscape of global finance, staying informed about the latest currency exchange rates is crucial. As of Thursday, November 30, 2023, let’s delve into the real-time values that are shaping Pakistan’s foreign exchange market.
US Dollar Dominance: Unraveling the Figures
USD to PKR Exchange Rates:
In both the local and open markets, the exchange rate for one US Dollar against Pakistani Rupees stands firm at Rs 285.4, with a selling rate marginally higher at Rs 288. However, it’s essential to note that exchange rates can fluctuate based on the location and the Exchange Company or bank involved in the transaction.
A Global Perspective: Exploring Multiple Currencies
Foreign Currency Exchange Rates:
Let’s navigate through the foreign and local currency exchange rates for various prominent currencies in Pakistan’s open market:
| Currency | Code | Buying Rate | Selling Rate |
|---|---|---|---|
| Euro (EUR) | EUR | Rs 311 | Rs 314 |
| UK Pound Sterling (GBP) | GBP | Rs 358.5 | Rs 361.5 |
| U.A.E Dirham (AED) | AED | Rs 78 | Rs 78.7 |
| Saudi Riyal (SAR) | SAR | Rs 76.2 | Rs 77 |
| Australian Dollar (AUD) | AUD | Rs 187.2 | Rs 189 |
| Bahrain Dinar (BHD) | BHD | Rs 763 | Rs 771 |
| Canadian Dollar (CAD) | CAD | Rs 209 | Rs 211 |
| China Yuan (CNY) | CNY | Rs 38.51 | Rs 38.91 |
| Danish Krone (DKK) | DKK | Rs 39.55 | Rs 50 |
| Hong Kong Dollar (HKD) | HKD | Rs 35.62 | Rs 35.92 |
| Indian Rupee (INR) | INR | Rs 3.37 | Rs 3.48 |
| Japanese Yen (JPY) | JPY | Rs 1.65 | Rs 1.72 |
| Kuwaiti Dinar (KWD) | KWD | Rs 909.01 | Rs 913.1 |
| Malaysian Ringgit (MYR) | MYR | Rs 58.48 | Rs 59.08 |
| New Zealand Dollar (NZD) | NZD | Rs 173.44 | Rs 175.44 |
| Norwegians Krone (NOK) | NOK | Rs 25.02 | Rs 25.32 |
| Omani Riyal (OMR) | OMR | Rs 730 | Rs 738 |
| Qatari Riyal (QAR) | QAR | Rs 77.04 | Rs 77.74 |
| Singapore Dollar (SGD) | SGD | Rs 202 | Rs 204 |
| Swedish Korona (SEK) | SEK | Rs 25.98 | Rs 26 |
| Swiss Franc (CHF) | CHF | Rs 308 | Rs 311 |
| Thai Bhat (THB) | THB | Rs 7.76 | Rs 7.91 |
Market Dynamics: The Ebb and Flow of Forex Rates
It’s important to note that forex rates are subject to change based on market forces and foreign currency demands. The rates provided here are updated at 09:00 AM on Pakistan Standard Time (PST). As the market is dynamic, these values may fluctuate, highlighting the necessity of real-time awareness for those engaged in international transactions.
Conclusion: Navigating the Financial Seas
In conclusion, staying abreast of the latest currency exchange rates is paramount for individuals and businesses involved in global transactions. As we witness the ebb and flow of forex rates, this information serves as a compass, guiding financial decisions in an ever-changing landscape. Stay informed, stay ahead.
