The current exchange rate of the Malaysian Ringgit to Pakistani Rupee stands at PKR 63.48 in the currency exchange market of Pakistan, while in the interbank market, the rate is PKR 26.93.
Generally, the bank exchange price for the Malaysian Ringgit is slightly lower than the exchange rate offered by currency exchange or open market.
63.48 PKR
As of May 01, 2023, the official interbank exchange rate for MYR to PKR is PKR 26.93, according to the State Bank of Pakistan. However, buying and selling rates may differ between interbank and currency exchange or open market rates. In interbank trading, the value of the Malaysian Ringgit to the Pakistani Rupee has decreased by PKR 63.59 and the lowest PKR 62.8 conversion.
The open market rate for MYR to PKR has a notable gain with 1 Malaysian Ringgit now equivalent to 63.61 Pakistani rupees. Consumers can purchase a dollar in the open market for Rs. 63.61 . The peak conversion exchange rate of the Malaysian Ringgit to PKR was 63.59 and the lowest PKR was 62.8 conversion. Use provided online calculator below to convert currencies.
In the interbank market, the rate is PKR 26.93, The current exchange rate of MYR to PKR has decreased compared to last week’s performance. Over the past 30 days, the exchange rate of MYR to PKR has fluctuated significantly, with the highest value being a: High PKR of 63.59 and a Low PKR of 58.8 in value.
Currently, the buying rate is PKR 26.93 and the selling rate is PKR 26.98 Stay updated with the latest MYR to PKR exchange rate information to make informed decisions when dealing with foreign currency.
The exchange rate between the Malaysian Ringgit and the Pakistani Rupee is subject to frequent fluctuations in the open market. The conversion of the Malaysian Ringgit to the Pakistan Rupee is determined by currency exchange dealers in Pakistan, resulting in open market rates that are updated regularly. Currently, the value of the MYR is significantly high in comparison to the Pakistani Rupee. To stay updated on the latest MYR to PKR exchange
The Open Market Rates in Pakistan refer to the exchange rates of foreign currencies, including the Malaysian Ringgit, which are traded freely without any government or regulatory restrictions. The exchange rate in the open market is determined by the supply and demand of the currency, and there are no taxes or tariffs on the transactions. However, the government and Federal Reserve may still have an impact on the interest rates that are born out of these trades.
The rate of the Malaysian Ringgit today in Pakistan is exactly Rs 63.48
Today, one Malaysian Ringgit is close to PKR 63.48. Be mindful that this rate fluctuates daily.
Well, from different methods you can calculate the exchange rate of MYR to PKR. We recommend you verify the rate first. Next, simply multiply the known rate by the amount in currency. For example,1 Malaysian Ringgit is currently equal to 62.85 PKR, then ten Malaysian Ringgit would be equal to PKR 62.85.
It’s easy to exchange money from money changers or currency exchange franchises. But be mindful of first verifying the latest MYR to PKR rate.