SBP’s customer exchange rates – April 21, 2022

SBP’s customer exchange rates – April 21, 2022

KARACHI, April 21, 2022 – The State Bank of Pakistan (SBP) has published the official exchange rates for customers on Thursday, April 21, 2022.

These rates are established based on the weighted average rates provided by commercial banks and are disseminated for informational purposes only, according to a statement 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 21, 2022:

• AED (United Arab Emirates Dirham):

• Buying: PKR 50.8995

• Selling: PKR 51.0106

• AUD (Australian Dollar):

• Buying: PKR 139.0093

• Selling: PKR 139.3214

• CAD (Canadian Dollar):

• Buying: PKR 149.7063

• Selling: PKR 150.0315

• CHF (Swiss Franc):

• Buying: PKR 196.6082

• Selling: PKR 197.0427

• CNY (Chinese Yuan):

• Buying: PKR 29.0165

• Selling: PKR 29.0776

• EUR (Euro):

• Buying: PKR 202.5923

• Selling: PKR 203.0482

• GBP (British Pound):

• Buying: PKR 243.9908

• Selling: PKR 244.5392

• JPY (Japanese Yen):

• Buying: PKR 1.4568

• Selling: PKR 1.4600

• SAR (Saudi Riyal):

• Buying: PKR 49.8231

• Selling: PKR 49.9288

• USD (United States Dollar):

• Buying: PKR 186.8276

• Selling: PKR 187.2504

The SBP’s provision of exchange rates is vital for maintaining transparency and efficiency in foreign exchange transactions in Pakistan. These rates serve as benchmarks for businesses and individuals involved 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.