The current exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) in Pakistan on August 23, 2023, stands at Rs. 326.40. This rate represents the interbank rate at the commencement of the business day. Moreover, the aforementioned exchange rate will vary in accordance with the prevailing demand for the respective foreign currency within the market.
The State Bank of Pakistan (SBP) will furnish the closing interbank rate for the Euro to Pakistani Rupee (PKR) at the conclusion of the business day. Hence, it is advisable to periodically revisit the closing exchange rate for the most recent updates.
In contrast to the interbank rate, the open market rate for the Euro to PKR exhibits a minor increase by a few rupees.
It is important to note that foreign exchange companies often provide the interbank rate when purchasing a currency from a customer, which encompasses any incoming remittances.
In contrast, forex currency dealers or banks tend to impose a higher open market rate when selling foreign currency to customers.
Euro to Pakistani Rupee (EUR to PKR) Rate Today
The exchange rate between the Euro and the Pakistani Rupee (EUR to PKR) on August 23, 2023, was recorded as Rs. 326.40 at the commencement of the business day. Nevertheless, the aforementioned item will be supplemented with the concluding exchange rate between the Euro and the Pakistani Rupee (PKR) in the interbank market. This information is sourced from the State Bank of Pakistan (SBP) and is made available at the conclusion of every working day.
Read British Pound Rate in Pakistan Today 23 August 2023
The following table presents the most recent closing exchange rate between the Euro (EUR) and the Pakistani Rupee (PKR) as of today, August 23, 2023. It also indicates whether there has been an appreciation or depreciation in the currency rate.
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 23 August 2023 | Rs. 326.40 | – |
| 22 August 2023 | Rs. 326.40 |