As of November 20, 2023, the GBP to PKR exchange rate stands at Rs. 357.02 for every 1 British Pound. In simpler terms, for each British Pound you hold, you can exchange it for Rs. 357.02 Pakistani Rupees.
This exchange rate, however, is subject to constant fluctuations, typically hovering around the vicinity of 350 PKR to 1 GBP. This implies that, on average, you can exchange one British Pound for approximately 350 Pakistani Rupees.
Yesterday at closing, the GBP to PKR rate increased by Rs. 2.22.
The GBP to PKR rate is influenced by a several factors, including the global economic landscape and various political and economic developments in both the UK and Pakistan, which determines the demand and supply of the currencies.
For those seeking the best GBP to PKR exchange rate, here are some useful tips:
- Comparison Shopping: Explore and compare rates from various currency exchange companies to secure the best deal.
- Money Transfer Services: Consider using money transfer services such as Western Union or MoneyGram for competitive rates.
- Avoid Airports: Steer clear of currency exchange services at airports, as they typically offer less favorable exchange rates.
- Bank Transfers: If you’re sending money to Pakistan, consider advantages of using a bank transfer service.
Over the years, the GBP to PKR exchange rate has experienced fluctuations, but since April 2022, it has generally exhibited an upward trend. This trend can be attributed to deteriorating economy of Pakistan due to political instability.
Rates for Last 7 Business Days
| Date | Rate (PKR) |
|---|---|
| 20 November 2023 | 357.02 |
| 17 November 2023 | 354.80 |
| 16 November 2023 | 355.90 |
| 15 November 2023 | 359.17 |
| 14 November 2023 | 353.95 |
| 13 November 2023 | 352.00 |
| 10 November 2023 | 350.52 |
| 8 November 2023 | 351.48 |
Read more: Dollar Rate in Pakistan [Daily Updates].
