The Pakistani Rupee (PKR) has experienced significant volatility against the US Dollar over 2024-2026. After touching all-time lows, the PKR partially stabilised following IMF agreements and improved foreign reserves. Use our converter above for a quick estimate.
The rates in our converter are approximate indicative rates. For actual transactions, always check your bank's official rate or the State Bank of Pakistan (SBP) website for the most current interbank rate.
Wise offers near-interbank rates with transparent fees. Ideal for freelancers receiving from abroad. Money arrives in PKR to your local bank account within 1–2 business days.
Traditional SWIFT transfers through HBL, MCB, UBL etc. Reliable but involves intermediary bank fees (USD 15–35 per transaction). Rate is usually 1–2% below the interbank rate.
Widely used by Pakistani freelancers on Upwork, Fiverr. Payoneer allows PKR withdrawal to local bank accounts with reasonable fees.
State Bank's special account for overseas Pakistanis. Attractive profit rates and repatriation rights. Offered by HBL, UBL, MCB, and other major banks.
A weaker PKR means higher prices for imported goods — electronics, fuel, medicines, and food items with imported ingredients all become more expensive. Conversely, Pakistani exporters and freelancers earning in dollars benefit from a weaker rupee as their PKR earnings increase.