Keeping track of the Dollar Rate in Pakistan Today is crucial. This rate affects importers, exporters, and overseas Pakistanis. We provide an essential breakdown of the latest exchange rates. This includes both the US Dollar (USD) and the Canadian Dollar (CAD).
The Official Interbank USD Rate
The interbank rate is managed by the State Bank of Pakistan (SBP). It is the official rate for banking transactions. As of December 3, 2025, the interbank Dollar Rate in Pakistan Today is PKR 280.90. This rate is vital for formal financial reporting. It acts as the benchmark for currency valuation in the country.
H3: Understanding the Open Market Dynamics
The open market rate is different from the interbank rate. It reflects the cash-for-cash exchange trading. Today, the open market US dollar price is PKR 281.45. This rate is often slightly higher than the official rate. The difference is primarily due to demand, supply, and trading costs. Recent market activity showed a slight shift. The dollar rate moved from 280.90 to 280.40 during the session.
Canadian Dollar (CAD) Exchange Rate in Pakistan
Besides the US Dollar, the Canadian Dollar (CAD) is also important. Many expatriates send remittances from Canada. The current exchange rate for the Canadian Dollar is an important figure. In the open market, the CAD conversion stands between PKR 199.5 and PKR 205.0. This figure fluctuates based on international currency movements. Always compare this rate carefully for remittances.
Why Does the Rate Fluctuate?
The currency market is highly volatile. Global economic news can cause sudden changes. Local policies and political stability also impact the Dollar Rate in Pakistan Today. A lower bank exchange price is normal. Banks have different operating margins than open currency exchange dealers. Monitoring both rates helps in making better financial decisions. Stay updated on the daily shifts in the money market.
READ MORE: Canadian Dollar in Pakistan