UK Pound to PKR Rate Today – 01 August 2024. On Thursday, August 1, 2024, the exchange rate for the UK Pound (GBP) against the Pakistani Rupee (PKR) remains stable. The buying rate in Pakistan’s open market is Rs. 356.35, while the selling rate is Rs. 359.9.
Comparison with Previous Day
The UK Pound has seen no change compared to its previous closing rate of Rs. 356.35 in the open market.
GBP to PKR Rate – Historical Data
| Date |
Latest Exchange Rate |
Change |
| August 01, 2024 |
Rs. 356.35 |
0 |
| July 31, 2024 |
Rs. 356.35 |
– |
Understanding the British Pound Sterling
The British Pound Sterling, commonly known as the Pound, is denoted by the currency code GBP. It is the official currency of the United Kingdom and is symbolized by the pound sign (£). The Pound Sterling is often referred to simply as “sterling.”
UK-Pakistan Expatriate Community
Over 1.5 million Pakistani expatriates live in the United Kingdom. These expatriates regularly send remittances to their families in Pakistan, making them keen observers of the GBP to PKR exchange rate.
Conversion Examples
- 500 UK Pounds to Pakistani Rupees: At the rate of Rs. 356.35 per GBP, 500 UK Pounds equals Rs. 178,175.
- 1000 UK Pounds to Pakistani Rupees: At the same rate, 1000 UK Pounds equals Rs. 356,350.
Converting UK Pound to Pakistani Rupee
To convert UK Pounds to Pakistani Rupees, individuals can visit banks or exchange company branches in Pakistan. These institutions offer reliable services for currency exchange, ensuring you get the most current and accurate rates.
Conclusion
The UK Pound to PKR exchange rate on August 1, 2024, is stable at Rs. 356.35. With significant expatriate remittances, understanding and tracking this rate is crucial for financial planning and transactions.
