KARACHI – On Tuesday, August 12, 2025, the exchange rate of the Canadian dollar (CAD) against the Pakistani Rupee (PKR) in the open market was recorded at Rs 205.10 for buying and Rs 210.10 for selling.
These rates, updated at 9:00 AM Pakistan Standard Time (PST), are subject to fluctuations throughout the day depending on market trends, foreign currency demand, and global economic conditions.
The buying rate represents the price an exchange company or bank offers when purchasing foreign currency from customers, while the selling rate reflects the price at which they sell the currency back to buyers. This difference—commonly referred to as the spread—helps cover operational costs, market volatility, and currency risk.
The Canadian dollar plays an important role in Pakistan’s currency market due to trade relations with Canada and remittances sent by the Pakistani diaspora living there. Seasonal variations in remittance inflows, commodity price changes, and monetary policy decisions by the Bank of Canada can all impact the value of the Canadian dollar against the PKR.
In the open market, the Canadian dollar/PKR parity is shaped by supply and demand dynamics, international forex movements, and investor sentiment. Travelers, importers, and forex traders are advised to check the latest Canadian dollar rates before making any financial decisions to ensure they secure the best possible exchange value.