UK Pound to Pakistani Rupee Rate Today- May 16, 2025
- By Web Desk -
- May 16, 2025
The UK Pound (GBP) to Pakistani Rupee (PKR) exchange rate stood at 373.66 on Friday, May 16, 2025.
On Friday, May 16, 2025, the UK pound was purchased for Rs 373.66 and sold for Rs 377.18 on the open market. The fluctuation in currency rates often impacts businesses, tourists, business personnel and people transferring money between the UK and Pakistan.
Changes in supply and demand for both currencies and economic variables like inflation and interest rates are some of the main causes of the volatility in the GBP/PKR exchange rate. Shifts also influence currency fluctuations in trader expectations, market sentiment, and international relations.
The Workings of Currency Appraisal
Currency values are set by the foreign exchange market, where supply and demand are balanced by exchange rates. By implementing monetary policies and maintaining currency reserves, central banks also influence exchange rates.
The intricate interaction of these variables affects the current exchange rate between the UK pound and the Pakistani rupee. Businesses and individuals can navigate the global economy more successfully by staying informed about exchange rate fluctuations.
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Currency values are set by the foreign exchange market, a worldwide marketplace for currency purchases and sales. The intersection of supply and demand is reflected in the exchange rate. Through their currency reserves and monetary policies, central banks may also affect exchange rates.
The UK Pound to PKR exchange rate has seen fluctuations due to various economic factors, with the latest rate standing at 361.5 PKR per GBP.
Staying informed about these shifts is crucial for businesses and individuals, as it allows them to make strategic financial decisions in an increasingly dynamic global market.
Recent trends indicate that the exchange rate has experienced slight variations, with the highest recorded value reaching 377.66 PKR per GBP in March 2025 and the lowest at 339.46 PKR per GBP in January 2025.