About converting US dollar to Pakistani rupee
The US dollar is the currency Pakistan watches most closely. Imports, oil, foreign debt and many freelance payments are priced in dollars, so the dollar–rupee rate moves fuel prices, phone prices and the value of every remittance.
Pakistan has a market-based exchange rate managed by the State Bank of Pakistan. Two prices are quoted every day: the interbank rate, used between banks for trade and remittances, and the open market rate, used by exchange companies for cash. The open market rate is usually a little higher. The rate on this page is a mid-market reference close to the interbank level.
If you are paid in dollars through a freelance platform, the rupees you receive also depend on the platform’s own conversion and on your bank’s margin. Banks and exchange companies add a margin to the mid-market rate shown here, and some charge a fixed fee as well. Compare the final amount received, not just the headline rate.
How the USD to PKR rate is worked out
Rates are stored per euro, so every pair is a cross rate through the euro, and the inverse is 1 divided by the rate. Major currencies use the European Central Bank’s euro reference rates; others, such as the Pakistani rupee and Gulf currencies, use the open-source currency-api feed, linked through the US dollar. The working box under the result shows the sum with today’s numbers.
The rate is a mid-market reference for information only. For a transfer, compare the amount the recipient receives with two or three providers. For any other pair, use the full currency converter.