April 16, 2025 – The National Bank of Pakistan (NBP), through its Treasury Management Division, has released the official foreign exchange rates applicable for customer transactions on Wednesday. These rates are intended to serve as a reference for individuals and businesses conducting foreign currency exchanges and cross-border transactions through NBP.
As one of Pakistan’s largest and most trusted state-owned financial institutions, NBP plays a crucial role in providing daily foreign exchange rate guidance to support international trade, remittances, and individual currency needs. The issued rates reflect the bank’s offered rates for Telegraphic Transfers (TT) and are aligned with interbank activity, market demand, and prevailing international currency trends.
Here are the Ready Transaction Rates issued by NBP for April 16, 2025:
| Currency | Symbol | TT Selling | TT Buying |
|---|---|---|---|
| US Dollar | USD | 280.95 | 280.45 |
| Euro | EUR | 318.66 | 318.10 |
| Japanese Yen | JPY | 1.9715 | 1.9680 |
| British Pound | GBP | 372.60 | 371.93 |
| Swiss Franc | CHF | 344.38 | 343.76 |
| Canadian Dollar | CAD | 201.53 | 201.17 |
| Australian Dollar | AUD | 178.20 | 177.88 |
| Swedish Krona | SEK | 28.71 | 28.66 |
| Norwegian Krone | NOK | 26.46 | 26.42 |
| Danish Krone | DKK | 42.68 | 42.60 |
| New Zealand Dollar | NZD | 165.99 | 165.69 |
| Singapore Dollar | SGD | 213.55 | 213.17 |
| Hong Kong Dollar | HKD | 36.22 | 36.15 |
| Korean Won | KRW | 0.1968 | 0.1964 |
| Chinese Yuan | CNY | 38.48 | 38.41 |
| Malaysian Ringgit | MYR | 63.66 | 63.54 |
| Thai Baht | THB | 8.43 | 8.42 |
| UAE Dirham | AED | 77.02 | 76.88 |
| Saudi Riyal | SAR | 74.87 | 74.74 |
| Qatari Riyal | QAR | 77.36 | 77.22 |
| Kuwaiti Dinar | KWD | 916.49 | 914.86 |
Additionally, NBP has provided conversion rates for frozen foreign currency deposits, with a settlement date of Friday, April 18, 2025. These rates are used for the valuation of foreign currency-denominated accounts that are held under government-regulated deposit schemes:
- USD: 280.5343
- GBP: 371.1188
- EUR: 318.8833
- JPY: 1.9596
It’s important to note that these rates are not applicable for cumulative foreign exchange transactions exceeding USD 5,000 or its equivalent in other currencies. For larger transactions, rates may differ and are typically negotiated based on real-time interbank market dynamics and volume considerations.
NBP’s publication of daily exchange rates serves as a critical tool for customers seeking transparent and reliable currency conversion benchmarks. In a market where currency values can fluctuate rapidly due to geopolitical developments, inflationary pressures, and shifting demand, having access to trusted rate information empowers customers to make well-informed financial decisions.
The National Bank continues to support the evolving needs of Pakistan’s global economic engagement by ensuring timely dissemination of accurate exchange data. As part of the country’s financial backbone, the bank’s efforts align with the broader objective of maintaining stability and promoting financial inclusion in both consumer and business segments.