The State Bank of Pakistan (SBP) has released the official foreign exchange rates for April 21, 2025, providing market participants, businesses, and consumers with critical benchmarks for international transactions. These rates, derived from the weighted average of quotes by commercial banks, serve as a standardized reference point for currency exchange across the financial sector.
Issued on a daily basis, the SBP’s foreign exchange rates are more than just conversion metrics—they form the backbone of Pakistan’s cross-border trade, remittances, and international financial dealings. By offering a transparent and authoritative benchmark, the central bank plays a pivotal role in ensuring consistency, reducing transactional ambiguity, and strengthening confidence in the country’s financial system.
For April 21, 2025, the SBP announced the following official buying and selling rates in Pakistani Rupees (PKR) for some of the world’s most widely traded currencies:
- US Dollar (USD): Buying at 280.6634, Selling at 281.0953
- UAE Dirham (AED): Buying at 76.4130, Selling at 76.5214
- Saudi Riyal (SAR): Buying at 74.8036, Selling at 74.9153
- Euro (EUR): Buying at 323.2811, Selling at 323.7816
- British Pound (GBP): Buying at 375.6219, Selling at 376.2206
- Japanese Yen (JPY): Buying at 1.9938, Selling at 1.9969
- Chinese Yuan (CNY): Buying at 38.5180, Selling at 38.5685
- Canadian Dollar (CAD): Buying at 203.3887, Selling at 203.6965
- Australian Dollar (AUD): Buying at 180.1499, Selling at 180.4401
- Swiss Franc (CHF): Buying at 347.0763, Selling at 347.6299
These official exchange rates are essential tools for businesses engaged in import and export operations, as well as for individuals involved in overseas transactions such as remittances, tuition payments, and foreign investments. As global economic conditions and currency valuations fluctuate continuously, the SBP’s daily updates help anchor expectations and enable both corporations and individuals to make informed decisions.
Foreign exchange rates in Pakistan are influenced by a range of global and domestic factors, including international market trends, central bank policies, trade balances, and geopolitical developments. In this context, the SBP’s practice of publishing transparent, daily rate updates is a crucial aspect of maintaining market discipline and ensuring public trust in financial dealings.
While the SBP provides the official interbank rates, individuals and entities are advised to consult with their respective financial institutions before executing currency conversions, as actual transaction rates may vary slightly based on service charges, time of day, and institution-specific margins.
By consistently sharing updated foreign exchange data, the State Bank of Pakistan reinforces its role as a stabilizing force in the financial system. Its transparency not only aids currency traders and financial institutions but also supports broader economic stability by aligning the nation’s exchange regime with international best practices.
In a globalized economy where timely financial decisions are vital, the SBP’s foreign currency rates continue to be a key instrument in enhancing clarity, boosting trade efficiency, and encouraging investor confidence in Pakistan’s financial infrastructure.