As of March 30, 2025, the exchange rate for the Euro (EUR) against the Pakistani Rupee (PKR) in the open market stands at Rs 301.88 for buying and Rs 304.91 for selling.
This means that individuals looking to purchase Euros will have to pay Rs 304.91 per Euro, while those selling Euros can expect to receive Rs 301.88 per unit.
Compared to the previous day’s exchange rate, the Euro was slightly valued at Rs 300.86 for buying and Rs 303.88 for selling. This minor fluctuation highlights the dynamic nature of foreign exchange rates, which are subject to various market factors.
These exchange rates are updated at 8:05 AM Pakistan Standard Time (PST) and may fluctuate throughout the day based on foreign exchange market conditions, supply and demand dynamics, and economic factors influencing both the Pakistani Rupee and the Euro.
The buying rate of the Euro reflects the price at which exchange companies and banks purchase the currency from customers, while the selling rate represents the price at which they offer it to buyers. These variations in exchange rates are influenced by multiple factors, including international trade, remittances, and overall market liquidity.
The exchange rate between PKR and EUR is determined by the open market and influenced by the demand for foreign currency in Pakistan. The Euro holds particular significance for Pakistan due to trade relations with European nations and remittances sent by Pakistani expatriates working in Europe. Fluctuations in the Euro to Rupee conversion rate can impact the purchasing power of these remittances and the cost of imported goods.
On March 30, 2025, those looking to exchange Pakistani Rupees for Euros should remain vigilant about market trends, as even minor fluctuations can make a difference in large transactions. Monitoring the Euro’s value against the Rupee is crucial for businesses, travelers, and individuals who rely on foreign exchange transactions.