Karachi, February 19, 2025 – The National Bank of Pakistan (NBP) has announced its foreign exchange rates for February 19, 2025, providing key insights into the ongoing market conditions. The announcement was made by the treasury management division, offering both buying and selling rates for a variety of international currencies in ready transactions.
As per the issued rates, the US Dollar (USD) remains the most significant currency in the market, with the TT Selling rate at 279.75 PKR and the TT Buying rate slightly lower at 279.25 PKR. These rates continue to reflect the pivotal role of the US Dollar in global and local trade, as well as its influence on Pakistan’s import-export dynamics.
For the Euro (EUR), the TT Selling rate is set at 290.88 PKR, while the TT Buying rate stands at 290.36 PKR. The Euro continues to show resilience, holding a strong position as one of the key international currencies traded in Pakistan.
The British Pound (GBP), another prominent currency, is listed with a TT Selling rate of 351.06 PKR and a TT Buying rate of 350.43 PKR. These rates reflect the Pound’s stability in the market, consistent with its role in international commerce and its importance in Pakistan’s foreign relations.
Other notable currencies also feature in the update, including the Swiss Franc (CHF), trading at 308.08 PKR for TT Selling and 307.53 PKR for TT Buying. Similarly, the Canadian Dollar (CAD) and the Australian Dollar (AUD) are priced at 196.21 PKR and 176.99 PKR, respectively, for TT Selling.
The Japanese Yen (JPY) is also part of the exchange listing, with a TT Selling rate of 1.8328 PKR and TT Buying rate at 1.8295 PKR. Additionally, the Singapore Dollar (SGD) is listed at 207.41 PKR for TT Selling and 207.04 PKR for TT Buying, showing its steady value in the forex market.
For businesses and individuals dealing with Gulf currencies, the UAE Dirham (AED) and Saudi Riyal (SAR) are featured with rates of 76.29 PKR / 76.16 PKR and 74.21 PKR / 74.07 PKR, respectively. These currencies hold particular relevance for those involved in remittances, trade, and investments within the Gulf region, where economic ties with Pakistan are strong.
The Kuwaiti Dinar (KWD), one of the world’s highest-valued currencies, is listed at a TT Selling rate of 901.79 PKR and a TT Buying rate of 900.17 PKR. The high value of the KWD reflects its status as a significant currency in global trade, especially in the Middle East.
In addition to the major currencies, other regional currencies such as the Chinese Yuan (CNY), Malaysian Ringgit (MYR), and Thai Baht (THB) are also part of the NBP’s latest release. The Chinese Yuan is priced at 38.37 PKR for TT Selling and 38.30 PKR for TT Buying, reflecting its growing influence as China continues to strengthen its economic presence in Pakistan and beyond.
It’s important to note that NBP’s exchange rates are applicable for transactions up to 5,000 USD or the equivalent in other currencies on a cumulative basis. Additionally, certain currencies such as the New Zealand Dollar (NZD), Qatar Riyal (QAR), and Kuwaiti Dinar (KWD) are marked as unavailable to NBP’s customers.
For those interested in Frozen Foreign Currency Deposits, NBP has set the conversion rates for various currencies as of Friday, February 21, 2025. The USD conversion rate is listed at 279.3333 PKR, while the GBP and EUR are marked at 352.3231 PKR and 292.2385 PKR, respectively.
The publication of these rates is significant for businesses, investors, and individuals who are involved in foreign currency transactions. As fluctuations in the exchange rates are common, staying updated on daily movements is essential for making informed financial decisions. With the global economy remaining volatile, currency exchange rates continue to be a key factor influencing international trade, investments, and remittances in Pakistan.
This detailed release by NBP highlights the central role the bank plays in shaping the country’s foreign exchange landscape, offering transparency and timely information to help businesses and individuals navigate the complexities of the global financial market.