Karachi, December 17, 2024 – The currency exchange rates in Pakistan for Tuesday, December 17, 2024, have been announced, reflecting fluctuations in the global financial markets and domestic economic factors. The following rates are for transactions conducted at the open market.
The US Dollar (USD) currency, a key benchmark for economic transactions, is buying at PKR 277.7 and selling at PKR 279.2. The British Pound Sterling (GBP) currency, often a gauge for trade and investment flows, stands at PKR 348.5 for buying and PKR 352 for selling, maintaining its position as one of the strongest currencies.
For those involved in trade with the European Union, the Euro (EUR) currency has a buying rate of PKR 290 and a selling rate of PKR 292.75. Meanwhile, the Canadian Dollar (CAD) is trading at PKR 196.1 for buying and PKR 198.5 for selling, reflecting steady demand from businesses and expatriates.
Among the Middle Eastern currencies, the Saudi Riyal (SAR) is buying at PKR 73.65 and selling at PKR 74.2, while the UAE Dirham (AED) trades at PKR 75.3 for buying and PKR 75.95 for selling. The Kuwaiti Dinar (KWD), one of the highest-valued currencies globally, stands at PKR 896.85 for buying and PKR 906.35 for selling. The Omani Riyal (OMR) follows closely, with rates of PKR 718.85 for buying and PKR 727.35 for selling.
The Australian Dollar (AUD) trades at PKR 177.75 for buying and PKR 180 for selling, while the New Zealand Dollar (NZD) is at PKR 162.4 for buying and PKR 164.4 for selling.
Asian currencies like the Chinese Yuan (CNY) are valued at PKR 37.99 for buying and PKR 38.39 for selling. The Japanese Yen (JPY) remains modest, trading at PKR 1.86 for buying and PKR 1.92 for selling, catering mainly to niche import sectors.
Currency rates are a key determinant for traders, importers, and individuals sending remittances or traveling abroad. Market participants are advised to monitor fluctuations closely as rates are subject to rapid changes influenced by political and economic developments globally and domestically.
For precise rates and transaction confirmations, individuals are encouraged to contact their respective currency exchange dealers.