On Monday, the exchange rate between the British Pound (GBP) and the Pakistani Rupee (PKR) stood at Rs. 344.66 for every 1 GBP, reflecting a decrease of Rs1.97 compared to the previous rate of Rs346.63.
This change in the GBP to PKR exchange rates in Pakistan's currency exchange scene is significant, and the interbank rate is now established at Rs344.66.
It's important to note that these rates are subject to continuous fluctuations, typically hovering around the 350 PKR to 1 GBP mark on average.
This means that, on average, you can exchange one British Pound for approximately 350 Pakistani Rupees.
It's worth highlighting that these rates may differ in the open market, impacting those engaged in currency exchange, whether buying or selling.
The decrease of Rs1.97 in the British Pound to Pakistani Rupee exchange rate reflects the ongoing dynamics of the market and the economic factors influencing the currency exchange landscape.
The GBP to PKR rate is influenced by a variety of factors, including the global economic conditions and the political and economic developments in both the UK and Pakistan, which determine the supply and demand for these currencies.