On March 29, 2025, the exchange rate for the Canadian Dollar (CAD) against the Pakistani Rupee (PKR) in the open market showed slight fluctuations compared to the previous day.
As per the latest update, the buying rate for one Canadian Dollar was recorded at Rs 195.85, while the selling rate stood at Rs 198.25.
In contrast, the previous day’s buying and selling rates of the Canadian Dollar were Rs 196.35 and Rs 198.75, respectively. These slight variations reflect the normal fluctuations seen in the foreign exchange market, driven by global currency demand, trade flows, and investor sentiment.
Foreign exchange rates, including the PKR to CAD conversion, are updated daily at 8:00 AM Pakistan Standard Time (PST). However, these rates may change throughout the day based on economic indicators, international financial developments, and shifting demand for the Canadian Dollar in Pakistan’s currency market.
The buying rate of the Canadian Dollar represents the price at which banks or exchange companies purchase CAD from customers, while the selling rate is the rate at which they offer CAD to buyers. The difference between these two rates, known as the spread, depends on market liquidity, transaction volumes, and broader economic conditions.
The Canadian Dollar to PKR exchange rate is influenced by various factors, including trade relations between Pakistan and Canada, remittances from Pakistani expatriates residing in Canada, and global economic trends. Any shifts in oil prices, interest rates set by the Bank of Canada, or changes in Pakistan’s foreign exchange reserves can also impact the Canadian Dollar’s value against the Pakistani Rupee.
As of March 29, 2025, the exchange rate remains relatively stable, reflecting steady demand for the Canadian Dollar in Pakistan’s financial markets. However, individuals and businesses dealing with foreign currency transactions should keep a close watch on real-time updates to stay informed about possible fluctuations in the PKR to Canadian Dollar rate.
With the ever-changing global economic landscape, the Canadian Dollar to PKR exchange rate on March 29, 2025, may experience further adjustments. Therefore, traders, investors, and travelers should remain updated with the latest forex trends to make well-informed financial decisions.