Thursday, July 4, 2024 06:09 PM
On May 15, 2024, the Forex Association of Pakistan updated currency exchange rates for major currencies. Understanding these rates is crucial for accurate money conversion in international transactions.
On May 15, 2024, the currency exchange rates in Pakistan against major currencies were as follows:
The US Dollar was trading at 277.15 PKR for buying and 279.95 PKR for selling. The Euro was priced at 296.25 PKR for buying and 299 PKR for selling. The British Pound was listed at 344.5 PKR for buying and 348 PKR for selling. Additionally, the UAE Dirham stood at 75.15 PKR, and the Saudi Riyal was at 73.50 PKR.
These rates are sourced from the Forex Association of Pakistan and were last updated at 09:00 AM.
Currency exchange rates indicate the value of one currency compared to another. When traveling or engaging in international trade, understanding these rates is crucial for converting money accurately.
Keeping track of currency exchange rates is essential for individuals and businesses involved in international transactions. It helps in making informed decisions regarding foreign exchange and ensures efficient financial management.