Exchange rate for 1 GBP to PKR is RS. 348.25
Last updated on 23-May-2025 at 12:00 AM
Travelers, investors, and remittance senders all equally find tremendous fascination in the GBP to PKR conversion rate. Currency exchange trends not only affect the costs of travel and imports but also indicate the strength of economies and international relations. Whether you are planning to send money, travel, or simply stay updated with economic changes, knowing the GBP to PKR open market rate is crucial.
As of today, the 1 GBP to PKR rate in the open market is fluctuating around a dynamic threshold due to multiple global and regional economic factors. Let’s dive into the details of the current rates, historical trends, and what to expect in the coming days.
Date | Open Market Buy Rate | Open Market Sell Rate | Interbank Rate |
---|---|---|---|
May 21, 2025 | PKR 358.00 | PKR 362.00 | PKR 360.25 |
May 20, 2025 | PKR 356.50 | PKR 360.50 | PKR 359.10 |
May 19, 2025 | PKR 354.75 | PKR 359.00 | PKR 357.80 |
The open market rate is typically a few rupees higher than the interbank rate due to commission margins taken by currency dealers.
The PKR to GBP exchange rate has been highly reactive to Pakistan’s fiscal policies, political instability, and international negotiations. The strength of the GBP is much changed meanwhile by post-Brexit trade policies, Bank of England's interest rate choices, and inflation rates in the United Kingdom.
Higher inflation in Pakistan tends to weaken the rupee, causing a rise in the GBP to PKR open market rate. Conversely, interest rate hikes in the UK attract foreign investments, strengthening the pound.
The trade balance between the UK and Pakistan also plays a crucial role. A higher demand for GBP in import settlements leads to a spike in the 1 GBP to PKR rate.
GBP Amount | PKR Equivalent (Open Market) |
---|---|
1 GBP | PKR 362.00 |
10 GBP | PKR 3,620.00 |
50 GBP | PKR 18,100.00 |
100 GBP | PKR 36,200.00 |
500 GBP | PKR 181,000.00 |
If you are converting 100 GBP to PKR, you can expect to receive around PKR 36,200 in today’s open market rate. Be sure to compare rates from multiple dealers before making any exchange to get the best deal.
Date | GBP to PKR (Sell) |
---|---|
May 21 | PKR 362.00 |
May 20 | PKR 360.50 |
May 19 | PKR 359.00 |
May 18 | PKR 357.80 |
May 17 | PKR 356.25 |
May 16 | PKR 355.00 |
May 15 | PKR 353.50 |
The trend indicates a gradual increase in the rate due to rising demand and global currency shifts. Short term, this trend is probably going to be maintained.
According to financial analysts, if Pakistan’s economic reforms stay on track and international reserves improve, the GBP to PKR may stabilize slightly. However, due to the uncertain global market, we may still witness small uptrends in the coming weeks.
Key international events, such as the UK general elections or new IMF agreements in Pakistan, can shift rates rapidly. Keeping a close watch on these indicators will help in making informed financial decisions.
The GBP to PKR open market rate continues to reflect the complex interplay between global economic dynamics and local financial conditions. With the British Pound remaining strong due to stable UK policies and rising interest rates, and the Pakistani Rupee facing pressure from inflation and trade imbalances, the exchange rate has shown a steady upward trend.
For individuals sending remittances, travelers planning their visits, or businesses dealing with international transactions, staying updated with the daily 1 GBP to PKR and 100 GBP to PKR values is essential. Using trusted exchange platforms and licensed money changers can help you secure the most favorable rates.
Moreover, keeping an eye on market trends, global events, and government financial strategies can help predict fluctuations and make smarter financial decisions. As this rate can vary significantly even within a day, checking live data frequently is advisable for the most accurate planning.
The open market rate today is approximately PKR 362.00 for 1 GBP.
The open market rate is usually higher than the interbank rate due to dealer commissions and profit margins.
Exchange companies often provide better rates than banks, but always ensure they are government-authorized to avoid scams.
Compare rates across dealers and consider converting on weekdays when trading volumes are higher.
Yes, platforms like trips.pk offer real-time updates on exchange rates.