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USD USD PKR PKR Rate as of2026-05-16

USD to PKR Converter.

Current rate

1 USD = 280 PKR as of 2026-05-16. Pakistan-US corridor. Major remittance flows from Pakistani diaspora in US (~700K) and Gulf states (~3M). PKR depreciated dramatically (~80%) in 5 years driven by Pakistan's persistent current account deficit, IMF program conditions, and macro instability.

💱

USDPKR Converter

$
🇺🇸 $1.00 = 🇵🇰
PKR 280
Rate: 1 USD = 280.0000 PKR
Common conversions
🇺🇸 USD🇵🇰 PKR
$1.00PKR 280
$10.00PKR 2,800
$100.00PKR 28,000
$500.00PKR 140,000
$1,000.00PKR 280,000
$5,000.00PKR 1,400,000
$10,000.00PKR 2,800,000
$50,000.00PKR 14,000,000
$100,000.00PKR 28,000,000
✨ Mid-market rate · 2026-05-16 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
280
1 USD = PKR
1 year ago
278.5
↑ 0.5% in 12 months
5 years ago
154
↑ 81.8% in 5 years
❓ FAQ

USD to PKR FAQ.

Why has PKR weakened so much against USD?
Multiple compounding crises: chronic current account deficit, falling forex reserves (touched $3B in 2023), repeated IMF programs requiring rupee devaluation, political instability, and energy import costs. PKR went from ~150 per USD in 2020 to peaks of 320 in 2023, now stabilized around 280 post-IMF stabilization.
Best way to send USD to Pakistan?
For amounts under $1K: Western Union, Wise, Remitly. For $1K-10K: bank wire to family's Pakistani bank or HBL/UBL/MCB digital products. The State Bank of Pakistan publishes daily reference rates; informal "hundi" channels often offer better rates but carry legal and counterparty risk — not recommended.
USD-PKR future outlook?
Most economists project continued gradual depreciation (2-5% per year) absent major reforms. Stability requires structural fixes: tax base expansion, energy sector reform, export competitiveness. Pakistan is currently in IMF program until 2027 — providing macro discipline but at the cost of slow growth.