On March 23, 2025, the exchange rate for the Canadian Dollar (CAD) against the Pakistani Rupee (PKR) in the open market recorded a buying rate of Rs 196.85, while the selling rate stood at Rs 199.25.
These figures indicate the rate at which individuals and businesses in Pakistan could trade their PKR for the Canadian Dollar on this specific date.
Compared to the previous day, the Canadian Dollar saw no significant fluctuations, as the buying rate on March 22 remained at Rs 196.85, while the selling rate was also Rs 199.25. However, daily changes in the PKR to Canadian Dollar exchange rate can occur due to shifts in market demand, trade balances, and global economic conditions.
The exchange rates for March 23, 2025, were last updated at 8:00 AM Pakistan Standard Time (PST). These rates are subject to variation throughout the day based on foreign currency supply and demand, macroeconomic trends, and financial market movements.
The buying rate of the Canadian Dollar reflects the price at which banks or exchange companies purchase CAD from customers, whereas the selling rate represents the price at which they provide CAD to individuals or businesses. The PKR to Canadian Dollar parity is influenced by market-driven factors, including foreign exchange reserves, inflation rates, and global trade policies.
The exchange rate between the Canadian Dollar and PKR is also affected by broader economic elements such as Pakistan’s trade relations with Canada, remittance inflows, and international financial policies. Since March 23, 2025, holds significance in Pakistan, financial analysts and currency traders closely monitor forex trends to predict future fluctuations.
Given the growing trade and economic ties between Pakistan and Canada, the demand for the Canadian Dollar remains steady. Monitoring daily exchange rates is essential for businesses, investors, and individuals dealing with foreign currency transactions. Staying informed about PKR to Canadian Dollar movements can help in making well-informed financial decisions in an ever-evolving economic environment.