British Pound to Pakistani Rupee Exchange Rate, Check Latest GBP to PKR Update
The UK Pound (GBP) to Pakistani Rupee (PKR) exchange rate reached PKR 392.70 in the interbank market today, up 1.05% from yesterday’s PKR 388.60, per the State Bank of Pakistan (SBP). In the open market, the buying rate is PKR 392.00, and the selling rate is PKR 393.50, according to exchange companies. The GBP’s strength reflects global market trends, Pakistan’s economic pressures (PKR 283.91/USD), and rising fuel costs (petrol at PKR 258.43/liter).
| Category | Details |
|---|---|
| Interbank Rate | PKR 392.70 per GBP |
| Open Market Buying Rate | PKR 392.00 |
| Open Market Selling Rate | PKR 393.50 |
| Weekly High (July 1) | PKR 392.70 |
| Weekly Low (June 25) | PKR 386.16 |
| Change Since Yesterday | +1.05% (PKR 392.70 vs. PKR 388.60) |
| Source | State Bank of Pakistan (SBP) |
Why It Matters
- Remittances: With USD 34.9 billion in remittances (July 2024–May 2025), converting 500 GBP yields PKR 196,350 (open market), vital for families amid inflation.
- Travel/Imports: Higher GBP rates raise costs for UK travel or imports, with 1,000 GBP costing PKR 393,500 at selling rates.
- Economic Impact: The GBP’s 10.72% yearly rise (from PKR 352.10 in July 2024) strains Pakistan’s import costs, especially for UK goods.
Recent Trends
- Weekly Movement: The GBP/PKR rate peaked at PKR 392.70 today and hit a low of PKR 386.16 on June 25, with a 7-day average of PKR 388.46.
- Yearly Context: Since January 2025 (PKR 339.06), the GBP rose 15.8%, driven by UK economic stability and Pakistan’s low reserves (USD 9.4 billion).
- Influences: Global oil prices (OPEC at USD 69.15/barrel) and SBP’s limited interventions contribute to volatility.
What to Do
- Travelers: Budget for higher GBP costs; 500 GBP costs PKR 196,750 at selling rates. Exchange early to avoid further spikes.
- Businesses: Importers should hedge rates; exporters to the UK gain from the strong GBP.
- Investors: Monitor SBP policies and global markets for rate shifts, especially with fuel price hikes (Rs. 10–15/liter expected).
