As Pakistan observes a national public holiday for Labor Day on May 1, the latest currency exchange rates reflect the market’s stability leading into the break. These figures, which are published today, represent the final rates recorded on April 30, 2025, marking the last trading day before the holiday. Given that no market activity is taking place due to the public holiday, this data is crucial for anyone involved in international trade, remittances, or foreign currency transactions.
The currency exchange market remains a key pillar of Pakistan’s economy, directly influencing the value of international currencies against the Pakistani Rupee (PKR). The rates are affected by a wide range of factors, including global market trends, political developments, and the country’s overall economic performance. Despite recent fluctuations, the market has shown relative stability as of the last trading day.
On April 30, 2025, the US Dollar (USD) was being bought at PKR 281.40 and sold at PKR 282.90. These figures indicate a relatively stable exchange rate compared to previous weeks, despite external pressures on the currency market. The US Dollar continues to hold its importance as the dominant global currency and remains a critical barometer for Pakistan’s financial health, particularly due to its influence in international trade and remittances.
The UK Pound Sterling (GBP) maintained its strong position with a buying rate of PKR 376.60 and a selling rate of PKR 380.10, solidifying its place as one of the highest-valued foreign currencies in Pakistan. Similarly, the Euro (EUR) was exchanged at PKR 319.05 for buying and PKR 321.80 for selling, reflecting its steady strength in the global market.
Among the Gulf currencies, the Saudi Riyal (SAR) was priced at PKR 75.00 for buying and PKR 75.55 for selling. The UAE Dirham (AED) saw a buying rate of PKR 76.60 and a selling rate of PKR 77.25. Meanwhile, the Kuwaiti Dinar (KWD) continued to dominate regional exchange rates with a buying rate of PKR 908.40 and a selling rate of PKR 917.90, maintaining its reputation as one of the most valuable currencies in the region.
In the Asia-Pacific region, the Australian Dollar (AUD) was traded at PKR 180.25 for buying and PKR 183.50 for selling. The Canadian Dollar (CAD) posted rates of PKR 204.60 for buying and PKR 207.00 for selling. Notable Asian currencies included the Chinese Yuan (CNY) at PKR 37.59/37.99 and the Japanese Yen (JPY) at PKR 1.99/2.05, reflecting stable exchange rates amid a mixed global outlook.
As one of the key elements in Pakistan’s trade and remittance economy, currency exchange rates are of paramount importance. Businesses, travelers, and overseas workers rely on these rates to plan and manage international transactions. For currency traders and financial institutions, accurate and up-to-date exchange rates are essential for determining conversion values and facilitating cross-border payments. Given the ongoing shifts in the global financial landscape, fluctuations in exchange rates are expected to persist. Keeping track of these rates is crucial for those who rely on international trade, investments, and foreign transactions. With the continuous evolution of market conditions and geopolitical factors, the future of currency exchange in Pakistan remains dynamic and requires regular updates for effective management.