Karachi, December 12, 2024 – Pakistan’s currency exchange rates opened on Thursday, December 12, 2024, reflecting market conditions as trade began. The open market exchange rates, as per market updates, show varying trends across major international currencies.
The US Dollar (USD) currency continues to hold a central position in trade, with buying and selling rates at PKR 277.70 and PKR 279.20, respectively. Meanwhile, the Euro (EUR) currency remains a strong player in international trade, trading at PKR 290.25 for buying and PKR 293.00 for selling.
Among regional currencies, the Indian Rupee (INR) currency is exchanging at PKR 3.18 for buying and PKR 3.27 for selling. The Chinese Yuan (CNY) is steady with buying at PKR 37.99 and selling at PKR 38.39. The Japanese Yen (JPY), though a lower-value currency, trades at PKR 1.84 for buying and PKR 1.90 for selling.
The Middle Eastern currencies, reflecting robust oil-driven economies, also show significant values. The Kuwaiti Dinar (KWD) leads, with buying at PKR 896.25 and selling at PKR 905.75. The Saudi Riyal (SAR), frequently used for remittances, is trading at PKR 73.70 for buying and PKR 74.25 for selling, while the UAE Dirham (AED) is at PKR 75.35 and PKR 76.00, respectively.
In the Asia-Pacific region, the Australian Dollar (AUD) is being traded at PKR 177.75 for buying and PKR 180.00 for selling. The New Zealand Dollar (NZD) follows, with rates of PKR 162.40 for buying and PKR 164.40 for selling. The Singapore Dollar (SGD), a strong currency in the region, is available at PKR 207.75 for buying and PKR 209.75 for selling.
European currencies, including the Swiss Franc (CHF) and the UK Pound Sterling (GBP), show high exchange values. The Swiss Franc trades at PKR 312.72 for buying and PKR 315.52 for selling, while the UK Pound Sterling leads with rates of PKR 352.15 and PKR 355.65.
These rates are subject to fluctuation based on market demand, international trade dynamics, and geopolitical factors. Traders, travelers, and remittance senders are advised to stay updated with daily changes to make informed decisions.