US Dollar to Pakistani Rupee Exchange Rate Today – Latest USD to PKR Update
The exchange rate between the US Dollar (USD) and the Pakistani Rupee (PKR) is one of the most watched financial numbers in Pakistan. People check the USD to PKR rate every day because it affects trade, travel, remittances, prices of goods, business planning, and even inflation.
In this article, you will learn:
- The latest USD to PKR rate today
- What the rate means for the economy
- Interbank vs open market differences
- How the dollar rate affects ordinary people
- A simple history and trend
- Helpful tips for exchange
Latest Exchange Rate Today
As of the most recent currency market updates in February 2026:
- 1 US Dollar (USD) = about 279.7 Pakistani Rupees (PKR) according to mid‑market or interbank rate.
This is considered the central or reference rate used by banks and financial institutions.
Other sources also show that the dollar has been trading close to 279 to 280 PKR per USD recently.
So, the dollar rate today in Pakistan is around Rs 279 to Rs 280 for 1 USD.
Understanding the Different Types of Rates
There are mainly two kinds of exchange rates in Pakistan:
1. Interbank / Official Bank Rate
This is the rate at which banks exchange money with each other and large financial institutions. It is usually slightly lower than open market rates. The State Bank of Pakistan (SBP) influences this rate through monetary policy and financial controls.
Example:
| Amount | Interbank Rate |
|---|---|
| 1 USD | 279.7 PKR |
| 10 USD | 2,797 PKR |
| 100 USD | 27,970 PKR |
2. Open Market / Forex Rate
This is the rate you often see at money exchange companies or local currency markets. It can be slightly higher or lower compared to interbank rate because of demand and supply. Open market rates also include small service charges.
For example, in some open markets recently the dollar was seen close to 281 to 282+ PKR.
Why the USD to PKR Rate Changes
The USD to PKR rate does not stay the same every day. It changes due to many factors:
1. Demand and Supply
If Pakistan imports a lot of goods like oil, machinery, and food, it needs more dollars to pay for these things. More demand for dollars makes the dollar stronger and the rupee weaker.
2. Overseas Remittances
Pakistani workers abroad send money home in dollars. When remittances increase, more dollars enter Pakistan, which can strengthen the rupee.
3. Economic Policies
When the central bank changes its policy rates or money supply, it can influence the exchange rate. For example, if interest rates go down, foreign investors may earn less, reducing demand for the rupee.
4. Political Stability
Political certainty usually strengthens the rupee because people and investors have trust in the economy. Any political disruption may cause the rupee to weaken.
5. Global Dollar Movement
The strength of the US Dollar against other currencies worldwide also affects USD/PKR. If the dollar gains strength globally, it can also strengthen against the rupee.
Simple Table – USD to PKR Today
| Category | Amount (Approx.) |
|---|---|
| Interbank Rate | 1 USD = 279.7 PKR |
| Open Market Rate | 1 USD ≈ 281–282 PKR |
| Highest Daily Range | 280.45 PKR |
| Lowest Daily Range | 279.52 PKR |
| 1 USD 10 units | ~2,797 PKR |
| 1 USD 100 units | ~27,970 PKR |
These values show small daily movement, but the dollar remains strong compared to the rupee.
Why This Rate Matters to People
1. Remittances
Millions of families in Pakistan receive money from relatives working abroad. When the dollar is stronger, they get more Pakistani rupees for the same dollar amount.
For example:
- 100 USD could be ~27,970 PKR today.
2. Import Prices
Pakistan imports fuel, machinery, and other goods in dollars. If USD becomes stronger, these imported items become more expensive, raising costs for businesses and consumers.
3. Inflation
When imports cost more due to a stronger dollar, prices of daily goods like petrol, edible oil, and medicine can increase, causing inflation.
4. Business and Trade
Companies that earn dollars from exports benefit when the dollar is higher against PKR because they earn more rupees for their products.
Historical Trend (Simple View)
Over the past few years, the Pakistani rupee has been weakening against the USD. A decade ago, the rate was much lower (for example around 100–150 PKR per USD). Due to inflation, trade deficits, and economic pressures, the rupee has gradually weakened, and today one dollar is around 279–280 PKR.
This trend means that over time the cost of imports and foreign travel has generally become more expensive. However, exporters and people receiving remittances sometimes benefit from a stronger dollar.
Tips Before Exchanging Dollars
If you need to convert USD to PKR or send money to Pakistan, here are a few tips:
1. Always Check Current Rate
Rates change every day, so check before making any exchange.
2. Use Licensed Exchange Companies or Banks
Banks usually provide safer and more reliable services even if the rate is slightly lower than some open markets.
3. Compare Rates at Multiple Places
Sometimes different exchange dealers offer slightly better or worse rates.
4. Consider Transfer Fees
Some banks and apps charge fees for remittances, so calculate net received amount after fees.
Conclusion
The USD to PKR exchange rate today in Pakistan (2026) is approximately:
- 279.7 PKR for 1 USD in interbank / official markets
- Around 281–282 PKR in open markets
This rate is important for people, businesses, and the economy. It affects inflation, import costs, remittances, and investment decisions. Understanding why the rate changes and how it impacts daily life helps individuals make better financial decisions.
To stay updated daily, always check trusted sources such as licensed banks, currency websites, or official financial reports before making any money exchange.
