Customers’ exchange rates on March 31, 2022

Customers’ exchange rates on March 31, 2022

KARACHI, March 31, 2022 – The State Bank of Pakistan (SBP) has issued the exchange rates for customers on Thursday, March 31, 2022.

These rates, based on the weighted average rates of commercial banks, are released for informational purposes only, according to a statement by the SBP.

The SBP clarified that the data represents estimates quoted by various commercial banks to their clients, serving as indicative exchange rates for commercial transactions between banks and customers.

Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of March 31, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 49.9409

• Selling: PKR 50.0520

• AUD (Australian Dollar):

• Buying: PKR 137.1803

• Selling: PKR 137.4899

• CAD (Canadian Dollar):

• Buying: PKR 146.4702

• Selling: PKR 146.7938

• CHF (Swiss Franc):

• Buying: PKR 198.4095

• Selling: PKR 198.8402

• CNY (Chinese Yuan):

• Buying: PKR 28.8929

• Selling: PKR 28.9532

• EUR (Euro):

• Buying: PKR 204.6868

• Selling: PKR 205.1559

• GBP (British Pound):

• Buying: PKR 240.6245

• Selling: PKR 241.1817

• JPY (Japanese Yen):

• Buying: PKR 1.5034

• Selling: PKR 1.5069

• SAR (Saudi Riyal):

• Buying: PKR 48.8685

• Selling: PKR 48.9759

• USD (United States Dollar):

• Buying: PKR 183.3032

• Selling: PKR 183.7260

The SBP’s provision of exchange rates plays a crucial role in ensuring transparent and efficient foreign exchange transactions in Pakistan. These rates are fundamental benchmarks for businesses and individuals involved in international trade and finance.

Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.