SBP’s customer exchange rates – April 13, 2022

SBP’s customer exchange rates – April 13, 2022

KARACHI, April 13, 2022 – The State Bank of Pakistan (SBP) has released the official exchange rates for customers on Wednesday, April 13, 2022.

The exchange rates are determined based on the weighted average rates provided by commercial banks and are disseminated for informational purposes only, as stated by the SBP.

The SBP clarified that the data represents estimates quoted by various commercial banks to their clients and serves as indicative exchange rates for commercial transactions between banks and customers.

Here are the buying and selling rates for major foreign currencies in Pakistan Rupees (PKR) as of April 13, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 49.4441

• Selling: PKR 49.5552

• AUD (Australian Dollar):

• Buying: PKR 135.1342

• Selling: PKR 135.4347

• CAD (Canadian Dollar):

• Buying: PKR 143.7494

• Selling: PKR 144.0728

• CHF (Swiss Franc):

• Buying: PKR 194.5529

• Selling: PKR 194.9906

• CNY (Chinese Yuan):

• Buying: PKR 28.5232

• Selling: PKR 28.5834

• EUR (Euro):

• Buying: PKR 196.6495

• Selling: PKR 197.1048

• GBP (British Pound):

• Buying: PKR 236.0284

• Selling: PKR 236.5623

• JPY (Japanese Yen):

• Buying: PKR 1.4414

• Selling: PKR 1.4446

• SAR (Saudi Riyal):

• Buying: PKR 48.3993

• Selling: PKR 48.5061

• USD (United States Dollar):

• Buying: PKR 181.4857

• Selling: PKR 181.9085

The SBP’s provision of exchange rates plays a vital role in facilitating transparent and efficient foreign exchange transactions in Pakistan. These rates are significant benchmarks for businesses and individuals engaged in international trade and finance.

Customers are advised to stay informed with their respective banks for real-time rates before engaging in any foreign currency transactions due to the dynamic nature of foreign exchange markets. The SBP remains committed to fostering stability and transparency in the foreign exchange market, ensuring a fair and reliable system for businesses and individuals participating in cross-border transactions.