The State Bank of Pakistan (SBP) has unveiled the latest mark-to-market (M2M) currency rates for major international currencies against the Pakistani Rupee (PKR) on September 26, 2025.
Pakistan Currency Rates Today- Latest Updates
These rates are crucial for authorized foreign exchange dealers to perform daily revaluations of their books. The M2M rate for the US Dollar (USD) is determined as a weighted average of closing interbank rates from brokerage houses, while rates for other currencies are based on USD/PKR data combined with their exchange rates against the USD as quoted on LSEG Workspace.
The US Dollar (USD) experienced a minor dip, quoted at 281.3710 PKR in the spot market, with forward rates ascending to 293.9079 PKR for the one-year tenor. The Saudi Riyal (SAR) remained resilient at 75.0203 PKR for the spot rate, advancing to 77.8863 PKR over one year. The United Arab Emirates Dirham (AED) was listed at 76.6052 PKR, with its one-year forward rate reaching 80.1003 PKR. The Qatari Riyal (QAR) opened at 77.2001 PKR in the spot market, rising to 80.6000 PKR for the one-year tenor.
The Kuwaiti Dinar (KWD) continued to demonstrate strength at 920.2651 PKR for the spot rate, with a one-year forward of 965.3731 PKR, indicating strong market confidence. The Euro (EUR) saw a decline to 328.5851 PKR in the spot market, with forward rates extending to 349.4469 PKR for one year. The Bahraini Dinar (BHD) was recorded at 746.2730 PKR, progressing to 775.8212 PKR in the one-year tenor. The British Pound (GBP) traded at 375.8273 PKR, with its one-year forward rate at 391.9282 PKR, showing sustained forward premium expansion.
Market observers link the slight weakening in the USD and EUR to fluctuating global indicators and robust local remittance supports, whereas Gulf currencies exhibit stability due to regional economic factors. The observed forward premiums reflect a measured perspective on the PKR amidst ongoing international developments, including anticipated US Federal Reserve adjustments.
Other currencies’ spot rates included: Japanese Yen (JPY) at 1.8785 PKR, Swiss Franc (CHF) at 351.9117 PKR, Australian Dollar (AUD) at 183.8619 PKR, Canadian Dollar (CAD) at 201.7648 PKR, Swedish Krona (SEK) at 29.7727 PKR, Norwegian Krone (NOK) at 28.0338 PKR, Danish Krone (DKK) at 44.0248 PKR, Singapore Dollar (SGD) at 217.6699 PKR, New Zealand Dollar (NZD) at 162.2245 PKR, Malaysian Ringgit (MYR) at 66.6361 PKR, Hong Kong Dollar (HKD) at 36.1652 PKR, Indian Rupee (INR) at 3.1724 PKR, South African Rand (ZAR) at 16.1282 PKR, Omani Riyal (OMR) at 730.7959 PKR, Bangladeshi Taka (BDT) at 2.3106 PKR, Brazilian Real (BRL) at 52.4467 PKR, Argentine Peso (ARS) at 0.2101 PKR, Chinese Yuan (CNY) at 39.4381 PKR, Sri Lankan Rupee (LKR) at 0.9302 PKR, Thai Baht (THB) at 8.7328 PKR, Turkish Lira (TRY) at 6.7758 PKR, Indonesian Rupiah (IDR) at 0.0168 PKR, Mexican Peso (MXN) at 15.2377 PKR, Russian Rubles (RUB) at 3.3693 PKR, South Korean Won (KRW) at 0.1993 PKR, and Offshore Chinese Yuan (CNH) at 39.3945 PKR. As typical, BDT, BRL, and ARS do not have forward rates beyond the spot.
These rates are sourced from State Bank of Pakistan’s official M2M release