Karachi, March 1, 2026: The Euro (EUR) exchange rate in Pakistan remained firm on Sunday, with minor variations recorded in the interbank and open markets. According to the State Bank of Pakistan (SBP), the Euro is trading at Rs. 330.45 in the interbank market, while open market rates are slightly higher due to retail demand and exchange company margins.
This latest EUR to PKR update is important for importers, overseas Pakistanis, students paying foreign tuition fees, and travelers heading to Eurozone countries.
Euro to PKR – Interbank Rate (1 March 2026)
The interbank rate, used for bank-to-bank and large institutional transactions, is:
- Buying Rate: Rs. 329.86
- Selling Rate: Rs. 330.45
The interbank rate serves as the benchmark for Pakistan’s foreign exchange market and directly impacts trade settlements and official transactions.
Euro Rate in Pakistan – Open Market
In the open market, where individuals and businesses exchange foreign currency, the Euro is being traded at:
- Buying Rate: Rs. 330.75
- Selling Rate: Rs. 335.28
Open market rates are generally higher than interbank rates due to supply-demand factors and operational costs of exchange companies.
EUR to PKR Conversion Today
Based on the interbank selling rate of Rs. 330.45:
- 100 Euros = Rs. 33,045
- 500 Euros = Rs. 165,225
These conversions help individuals quickly estimate the value of their foreign currency transactions.
Why the Euro Rate Matters in Pakistan
The Euro is one of the most traded currencies globally and plays a key role in Pakistan’s import and export payments, especially with European Union countries. Fluctuations in the EUR to PKR rate can affect:
- Import costs
- Overseas remittances
- Travel expenses
- International tuition payments
- Business contracts with European partners
Currency experts suggest that exchange rates may continue to fluctuate depending on global market trends, foreign exchange reserves, trade balance data, and overall economic conditions.
Important Note
Exchange rates may vary slightly depending on the bank or exchange company. It is advisable to confirm the latest rate before making any large transaction.
Stay updated for daily foreign exchange rate updates, including USD to PKR, GBP to PKR, and other major currencies in Pakistan.