The US Dollar (USD) to Pakistani Rupee (PKR) exchange rate is a crucial economic indicator, impacting everything from import prices to remittances. As of October 2, 2024, one US Dollar is trading at approximately PKR 277.70. This rate, however, is subject to frequent fluctuations throughout the day.
Chart: USD To PKR Rate Today 2 October 2024
| Date | Rate (USD to PKR) |
|---|---|
| 2 October 2024 | 277.70 |
Disclaimer:
Exchange rates are dynamic and can change rapidly. The provided information is an approximation as of October 2, 2024. For real-time and precise rates, it is recommended to consult a financial institution or a reliable online currency converter.
Thoughts on USD Rates
The USD to PKR exchange rate is influenced by a multitude of factors, including:
- Economic conditions in both the US and Pakistan: Interest rate differentials, inflation rates, and political stability play a significant role.
- Global economic events: International trade, geopolitical tensions, and commodity prices (especially oil) can impact the USD’s value against the PKR.
- Market sentiment: Investor confidence and speculative trading can also contribute to exchange rate volatility.
Other Popular Currency Rates in Pakistan
| Currency | Rate (1 Unit to PKR) |
|---|---|
| Saudi Riyal (SAR) | 74.03 (approx.) |
| Euro (EUR) | 327 (approx.) |
| British Pound (GBP) | 374 (approx.) |
| UAE Dirham (AED) | 82.50 (approx.) |
| Kuwaiti Dinar (KWD) | 985 (approx.) |
| Japanese Yen (JPY) | 2.05 (approx.) |
| Chinese Yuan (CNY) | 41.50 (approx.) |
| Indian Rupee (INR) | 3.50 (approx.) |
| Canadian Dollar (CAD) | 223 (approx.) |
| Australian Dollar (AUD) | 196 (approx.) |
Conclusion
Keeping track of the USD to PKR exchange rate is essential for anyone involved in international trade, remittances, or investments. Understanding the factors that influence this rate can help individuals and businesses make informed financial decisions.
