01 USD to PKR conversion chart
The tables use the same reference rate shown at the top of the page and refresh every time you open it.
| US Dollars | Pakistani Rupees |
|---|
PKR to USD
| Pakistani Rupees | US Dollars |
|---|
02 Interbank vs open market rate
Two different USD to PKR figures are quoted in Pakistan every day, and they are used in different places.
| Interbank rate | Open market rate | |
|---|---|---|
| Who uses it | Banks trading with each other | Licensed exchange companies serving walk-in customers |
| Typical use | Large transfers, trade settlements, bank-quoted conversions | Cash exchange, travel money, small retail deals |
| Margin | Narrower | Includes the dealer's margin |
03 What moves USD to PKR
Import demand
Fuel, machinery and raw materials are paid for in dollars, so heavy import bills increase demand for USD.
SBP reserves
The State Bank's reserve level shapes confidence in the rupee. See Pakistan's forex reserves.
Remittances and exports
Dollars sent home by overseas Pakistanis and earned by exporters add supply to the market.
Inflation and interest rates
Differences in inflation and policy rates between Pakistan and the US affect currency valuations over time.
US dollar strength
When the dollar strengthens against global currencies, emerging-market currencies usually come under pressure.
Sentiment and news
Policy announcements and political or economic news can move the rate quickly. See the USD to PKR outlook.
04 Which rate will you actually get?
| Situation | Rate usually applied | What to check |
|---|---|---|
| Withdrawing from Payoneer or a similar platform | Platform or bank rate, with a margin | PKR credited versus the rate on this page. See Payoneer charges |
| Receiving a bank transfer from a client | The receiving bank's rate on the credit date | Ask the bank for the conversion rate and any fees |
| Home remittance | The provider's rate, plus fees | The effective rate after fees, across two or three providers |
| Cash at an exchange company | Open market rate | Compare dealers on the same day. See best time to exchange |
05 How to convert USD to PKR yourself
- Note the USD to PKR rate you will be paid, not just the headline rate.
- Multiply the dollar amount by the rate. Example only: $250 at a rate of 280 is 250 × 280 = Rs. 70,000.
- Subtract any platform, bank or remittance fees.
- Compare the final rupee amount with the reference rate above to see your real cost of conversion.
Freelancers can also estimate tax with the freelancer tax calculator, and read the forex guide for background.
06 Frequently asked questions
What is 1 USD to PKR today?
The figure at the top of this page is the latest reference rate we fetched for 1 US dollar in Pakistani rupees. Banks and exchange companies quote their own buy and sell rates, so confirm with your dealer before transacting.
Why does USD to PKR change?
The rate moves with import demand for dollars, State Bank of Pakistan reserves, remittance and export inflows, inflation and interest-rate differences, and the strength of the US dollar globally.
What is the difference between the interbank and open market rate?
The interbank rate is what banks use when trading with each other. The open market rate is what licensed exchange companies offer walk-in customers and includes the dealer's margin, so the two can differ.
Is the Payoneer or bank rate the same as the rate on this page?
Usually not. Platforms and banks add a margin to the reference rate. Compare the PKR amount actually credited with this page's rate to estimate your markup, and see our Payoneer charges guide.
How do I convert PKR to USD?
Divide the rupee amount by the USD to PKR rate, or press the swap button in the converter. The second table on this page shows common PKR amounts in dollars.
How often is the rate on this page updated?
The page fetches the latest figure from open.er-api.com each time it loads. The provider refreshes its data on its own schedule (shown as Source update), so treat it as a reference rate, not a tick-by-tick quote.
07 About this page
Written by Muhammad Faheem, founder of TheCurrencyPro. Content reviewed: October 13, 2026.
Rates come from open.er-api.com and are for information only; they are not a bank quote or financial advice. Read our editorial policy, fact-checking policy and corrections policy.