Dollar Rate in Pakistan Today
The Dollar rate in Pakistan today, 24 October 2026, is reported at Rs 277.50 buying and Rs 280.00 selling in the open market, according to Hamariweb’s currency-rate listing. The reported interbank buying and selling rates are Rs 276.75 and Rs 277.25, respectively.
However, the latest official State Bank of Pakistan (SBP) exchange-rate data available in the research is dated 23 October 2026. It shows a USD/PKR mark-to-market reference rate of Rs 276.8236.
These figures represent different types of exchange rates. If you plan to buy or sell US dollars, check the open-market quotation and confirm the actual rate with your bank or exchange company before making a transaction.
Dollar Rate in Pakistan Today 24 October 2026
Here are the latest available US dollar rates from the researched sources.
| Dollar Rate Type | Buying Rate | Selling Rate | Rate Date |
|---|---|---|---|
| Open Market | Rs 277.50 | Rs 280.00 | 24 October 2026 |
| Reported Interbank | Rs 276.75 | Rs 277.25 | 24 October 2026 |
| SBP Weighted Average | Rs 276.5052 | Rs 276.9621 | 23 October 2026 |
Sources: Hamariweb Open Market Rates, Hamariweb Interbank Rates and State Bank of Pakistan.
The open-market and reported interbank figures come from Hamariweb’s 24 October listings. The weighted-average figures come from official SBP data dated 23 October.
The SBP weighted-average figures are not cash-counter quotations. They should not be used as a guaranteed buying or selling price for customers.
Latest Official Dollar Rate According to SBP
The State Bank of Pakistan publishes different exchange-rate datasets for financial reporting and market reference purposes.
The latest official figures located during this research are:
| Official SBP Rate Measure | USD to PKR |
|---|---|
| Mark-to-Market Revaluation Rate | Rs 276.8236 |
| Weighted-Average Bid | Rs 276.5052 |
| Weighted-Average Offer | Rs 276.9621 |
Effective date: 23 October 2026
Official source: SBP Economic Data
The mark-to-market rate is a reference figure used for valuation purposes. It is not necessarily the amount a customer will receive when selling physical US dollars.
Since 24 October 2026 falls on a Saturday, the latest official daily figures located in the research are from Friday, 23 October.
Dollar Rate in Pakistan Open Market Today
The reported open-market dollar rate for 24 October 2026 is:
- USD buying rate: Rs 277.50
- USD selling rate: Rs 280.00
These rates are published by Hamariweb and attributed to the Forex Association of Pakistan. The underlying same-day association bulletin was not independently verified during the research.
The buying rate applies when you sell US dollars to an exchange company. The selling rate applies when you purchase dollars using Pakistani rupees.
For example, if you sell $100 at the reported buying rate of Rs 277.50, the calculated amount is Rs 27,750 before any applicable charges.
If you purchase $100 at the reported selling rate of Rs 280, the calculated cost is Rs 28,000 before any applicable charges.
Actual quotations can vary between exchange companies and transaction times.
Interbank vs Open Market Dollar Rate in Pakistan
Many people search for the dollar rate and find different figures on different websites. One major reason is the difference between interbank and open-market quotations.
What Is the Interbank Dollar Rate?
The interbank market involves foreign-currency transactions between financial institutions.
Interbank quotations are commonly used to follow exchange-market movements and financial transactions.
According to Hamariweb’s 24 October 2026 listing, the reported interbank USD/PKR buying rate is Rs 276.75, while the selling rate is Rs 277.25.
These figures should not be confused with the SBP’s separately published weighted-average or mark-to-market reference rates.
What Is the Open Market Dollar Rate?
The open-market rate is the quotation published by currency exchange providers for buying and selling foreign currency.
For ordinary customers who want to exchange physical US dollars, the open-market buying and selling quotations are generally more relevant than an official revaluation rate.
However, a published quotation is indicative. Your exchange company may offer a different rate depending on the transaction and the time of exchange.
Key Differences Between Interbank and Open Market Rates
| Feature | Interbank Rate | Open Market Rate |
|---|---|---|
| Main market | Financial institutions | Currency exchange providers |
| Common use | Banking and financial transactions | Customer currency exchange |
| Rate information | Interbank quotations and official datasets | Buying and selling quotations |
| Customer cash transaction | Not necessarily applicable | Generally more relevant |
| Rate confirmation | Financial institution | Selected exchange company |
Which rate should you follow?
If you want to sell US dollars, check the exchange company’s buying rate. If you want to purchase dollars, check its selling rate.
For official reference information, consult the State Bank of Pakistan.
Dollar Rate in Pakistan Compared With Previous Days
The dollar’s movement should be measured by comparing rates from the same market, using the same rate definition.
During the research, the following dated figures were located:
| Date | Source | Rate Type | Buying | Selling |
|---|---|---|---|---|
| 24 October 2026 | Hamariweb | Open Market | Rs 277.50 | Rs 280.00 |
| 23 October 2026 | Pakistan Currency Exchange | Open Market | Rs 277.50 | Rs 277.85 |
Pakistan Currency Exchange displayed its 23 October quotation with an update time of 3:36 PM Pakistan time.
These figures show a difference of Rs 0.15 between the published selling quotations, while the buying quotations are equal.
However, because the figures come from different providers and dates, this difference should not be described as a verified daily increase in the nationwide dollar rate.
Has the Dollar Increased or Decreased Today?
The available research does not establish a reliable same-source, like-for-like daily change for 24 October 2026.
A proper comparison requires the same rate measure from the same source for two consecutive reporting dates.
Readers can review the SBP exchange-rate datasets for official historical comparisons.
Why Do Dollar Rates Differ Across Websites?
You may notice that one website shows a dollar rate near Rs 277 while another displays Rs 280.
This does not automatically mean one website is incorrect.
There are several possible explanations.
Different Buying and Selling Prices
Exchange companies normally publish separate buying and selling quotations.
A customer selling dollars receives the dealer’s buying price, while someone purchasing dollars pays the selling price.
The difference between these prices is called the spread.
Different Rate Categories
The SBP mark-to-market reference rate, interbank quotation and open-market cash selling rate are not identical measures.
For example, the official SBP mark-to-market rate was Rs 276.8236 on 23 October, while Hamariweb reported an open-market selling quotation of Rs 280 on 24 October.
These figures have different dates and purposes.
Different Update Times
Currency quotations can change as markets move. A website updated earlier may display a different figure from one updated later.
Some pages also retain older prices despite using the word “today” in their titles.
Always check the actual date shown beside the rate.
Different Exchange Companies
Exchange providers may publish different quotations. A single online figure should not be treated as a guaranteed price across Lahore, Karachi, Islamabad or other Pakistani cities.
USD to PKR Conversion Today
You can estimate the value of US dollars in Pakistani rupees using a simple formula:
US Dollar Amount × Applicable Exchange Rate = Pakistani Rupees
The following table uses the reported open-market selling rate of Rs 280 per dollar for illustration.
| US Dollars | Pakistani Rupees |
|---|---|
| $1 | Rs 280 |
| $5 | Rs 1,400 |
| $10 | Rs 2,800 |
| $20 | Rs 5,600 |
| $50 | Rs 14,000 |
| $100 | Rs 28,000 |
| $200 | Rs 56,000 |
| $500 | Rs 140,000 |
| $1,000 | Rs 280,000 |
| $5,000 | Rs 1,400,000 |
These are illustrative conversions based on the stated selling quotation, not guaranteed exchange amounts.
If you are selling dollars instead of buying them, the dealer’s buying rate is the relevant figure.
How Much Is 100 Dollars in Pakistani Rupees?
At the reported open-market buying rate of Rs 277.50, selling $100 would give an estimated Rs 27,750.
At the reported selling rate of Rs 280, buying $100 would cost approximately Rs 28,000.
The final amount may differ because of the actual transaction quotation and any applicable fees.
What Affects the Dollar Rate in Pakistan?
The exchange rate reflects conditions in the foreign-currency market. Several economic factors can influence the value of the Pakistani rupee against the US dollar.
Demand for US Dollars
Businesses importing goods or making international payments may need foreign currency.
Changes in demand for dollars can influence exchange-market prices, depending on available supply and other conditions.
Exports and Overseas Remittances
Export earnings and remittances from overseas Pakistanis are sources of foreign-currency inflows.
Changes in these inflows can affect the foreign-exchange market.
Economic Conditions and Monetary Policy
Interest rates, economic expectations and broader financial-market conditions can also influence currency movements.
International changes in the value of the US dollar may affect exchange rates as well.
These are general economic factors. The available research does not establish that any particular factor caused the reported dollar rate on 24 October 2026.
How Does the Dollar Rate Affect People in Pakistan?
Exchange-rate changes can influence several everyday financial activities.
Imported products: Businesses paying overseas suppliers in US dollars may face different rupee costs when the exchange rate changes.
Overseas payments: Students, travellers and people paying international bills may need more or fewer Pakistani rupees depending on the applicable exchange rate.
Remittances: Pakistanis receiving money from abroad may see a change in the rupee value of a dollar-denominated transfer.
Businesses: Importers and exporters may experience changes in their costs or rupee-denominated receipts.
The actual impact depends on the transaction, applicable exchange rate, charges and other economic conditions. A change in the dollar rate does not automatically produce an immediate, identical change in every product price.
Where to Check the Official Dollar Rate in Pakistan
For reliable currency information, start with the source appropriate to your purpose.
State Bank of Pakistan
The State Bank of Pakistan publishes official exchange-rate datasets, including weighted-average and mark-to-market reference rates.
Check the date and the name of the dataset before quoting a figure.
Currency Exchange Providers
Exchange-company websites may provide indicative open-market buying and selling rates.
For example, Pakistan Currency Exchange publishes dated market quotations.
Its reported rates should be treated as provider-specific rather than universal prices.
Confirm the Rate Before Exchanging Money
Before buying or selling dollars, ask the exchange provider:
- What is the current USD buying or selling rate?
- Does this rate apply to my transaction amount?
- Are there any additional charges?
- Is the quotation still valid at the branch?
These questions can help avoid confusion between an online indicative rate and the amount charged or paid during the actual transaction.
Frequently Asked Questions
What Is the Dollar Rate in Pakistan Today?
For 24 October 2026, Hamariweb reported an open-market dollar buying rate of Rs 277.50 and selling rate of Rs 280.00. These are reported market quotations, not guaranteed transaction prices.
What Is the Official SBP Dollar Rate Today?
The latest official SBP data located during the research is dated 23 October 2026. It shows a USD/PKR mark-to-market revaluation rate of Rs 276.8236. SBP also publishes separate weighted-average bid and offer figures.
What Is the Dollar Rate in Pakistan Open Market Today?
The reported open-market rates for 24 October 2026 are Rs 277.50 buying and Rs 280.00 selling, according to Hamariweb. Confirm the current price with your exchange provider before making a transaction.
What Is the Interbank Dollar Rate in Pakistan?
Hamariweb reported an interbank buying rate of Rs 276.75 and selling rate of Rs 277.25 for 24 October 2026. These are secondary-source quotations and should not be confused with SBP’s official reference measures.
How Much Is $100 in Pakistani Rupees Today?
Using the reported open-market buying rate of Rs 277.50, $100 is equivalent to Rs 27,750 when selling dollars. Purchasing $100 at the reported selling rate of Rs 280 would cost Rs 28,000, before any applicable fees.
Why Is the Open Market Dollar Rate Different From the Interbank Rate?
The two markets serve different transaction types. Rates can also differ because of buying and selling spreads, provider quotations and update times.
Does the Dollar Rate Change Every Day?
Exchange rates can change over time, sometimes during a trading day. However, official datasets and market quotations follow their own reporting schedules. The latest available figure may be from an earlier business day.
Is the Dollar Rate the Same in Lahore, Karachi and Islamabad?
A published online rate does not guarantee the same transaction price in every city or exchange branch. Confirm the current quotation with the provider you intend to use.
Where Can I Find the Most Reliable USD to PKR Rate?
Use the State Bank of Pakistan for official exchange-rate data. For buying or selling physical dollars, check a licensed exchange company’s current quotation and confirm the final rate before exchanging money.
Conclusion
The dollar rate in Pakistan today, 24 October 2026, is reported at Rs 277.50 buying and Rs 280.00 selling in the open market, according to Hamariweb. Its reported interbank quotations are Rs 276.75 buying and Rs 277.25 selling.
The latest official SBP data located is dated 23 October 2026, with a mark-to-market USD/PKR reference rate of Rs 276.8236.
These rates represent different measures, so readers should always check the source, effective date and buying or selling category before comparing them.
For an actual currency transaction, confirm the latest quotation with your chosen bank or licensed exchange company.