The GBP to PKR exchange rate is a vital economic factor for trade and investments between Pakistan and the UK. On September 14, 2024, the rate is anticipated to experience fluctuations driven by factors such as global economic conditions, geopolitical developments, and central bank policies of both countries.
Chart of UK Pound To PKR Rate Today 14 September 2024
| Market | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| Interbank | 410.00 | 412.00 |
| Open Market | 407.00 | 415.00 |
Disclaimer:
- The rates mentioned are estimations and might differ slightly depending on the specific bank or exchange service you utilize.
- Always verify the real-time rate with your preferred financial institution before conducting any transactions.
Thoughts on Pound Rates
The GBP/PKR rate’s movement can considerably impact Pakistan’s import and export sectors, especially concerning trade with the UK. A stronger pound makes imports from the UK costlier but can benefit Pakistani exporters by increasing the value of their goods in the UK market. The State Bank of Pakistan keeps a close watch on the exchange rate and may step in to ensure stability if needed.
Other Top 10 Countries Rate (September 14, 2024)
| Country | Currency | 1 GBP = |
|---|---|---|
| United States | US Dollar (USD) | 1.28 |
| European Union | Euro (EUR) | 1.17 |
| Japan | Japanese Yen (JPY) | 188.65 |
| China | Chinese Yuan (CNY) | 9.38 |
| India | Indian Rupee (INR) | 106.32 |
| Canada | Canadian Dollar (CAD) | 1.74 |
| Australia | Australian Dollar (AUD) | 2.00 |
| Switzerland | Swiss Franc (CHF) | 1.14 |
| South Korea | South Korean Won (KRW) | 1711.45 |
| Brazil | Brazilian Real (BRL) | 6.44 |
Conclusion
The GBP to PKR exchange rate is a significant economic barometer influencing various facets of Pakistan’s economic landscape. Staying informed about the fluctuations is key for individuals and businesses involved in trade or investments with the UK. While it’s challenging to predict the exact rate on September 14th, understanding the underlying factors and monitoring market trends can equip you to make well-informed financial choices.
