On April 5, 2025, the exchange rate between the Pakistani Rupee (PKR) and the Canadian Dollar (CAD) witnessed a noticeable increase in the open market.
As per the most recent update at 8:05 AM Pakistan Standard Time (PST), the buying rate of one Canadian Dollar was recorded at Rs 199.35, while the selling rate stood at Rs 201.75.
This marks a significant rise compared to the rates observed a day earlier. On April 4, 2025, the buying rate of the Canadian Dollar was Rs 195.85, and the selling rate was Rs 198.25. This upward shift suggests an increase in demand for the Canadian Dollar, potentially driven by remittance flows, travel plans, or investment-related transactions involving Canada.
The Canadian Dollar plays a key role in Pakistan’s foreign exchange landscape due to the substantial Pakistani diaspora residing in Canada. Many families in Pakistan receive remittances in Canadian Dollars, making this currency one of the more actively traded ones in the local exchange market. Any changes in its rate can have a direct impact on households depending on foreign income.
The buying rate refers to the amount in Rupees that an exchange company or bank offers when purchasing Canadian Dollars from customers. On the other hand, the selling rate indicates the price at which customers can buy Canadian Dollars from financial institutions. These rates are influenced by various factors including global economic trends, currency demand and supply, and political developments.
As of April 5, 2025, the strength of the Canadian Dollar against the Rupee may reflect Canada’s economic outlook or a fluctuation in global oil prices, which often influence the CAD’s value internationally. For Pakistani citizens planning to study, work, or invest in Canada, staying informed about the PKR to Canadian Dollar exchange rate is essential for financial planning.
Monitoring the Canadian Dollar exchange rate on a daily basis—especially on key dates like April 5, 2025—helps individuals and businesses make better financial decisions, ensuring they get the most favorable conversion rates for their needs.