Dollar Rate History in Pakistan, October 2026: Every Day's SBP Rate (Full List)

The dollar was Rs 276.8236 in Pakistan on Friday 23 October 2026 at the State Bank of Pakistan's revaluation rate, down from Rs 277.1144 on 30 September. The rupee firmed against the dollar on every one of the 17 working days of October so far. The full day by day list is below, with what the move means for a $500 or $1,000 transfer, how this rate differs from the counter rate, and the dates to watch next.

Markets were closed on Saturday 24 and Sunday 25 October, so the 23 October rate is the latest the State Bank has issued. We read each daily sheet ourselves on 25 October 2026.

Every SBP dollar rate in October 2026

The State Bank's mark to market revaluation rate, which banks use to value their books each day, fell from Rs 277.1022 on 1 October to Rs 276.8236 on 23 October. Each day was lower than the day before. Weekends and the missing days are when no rate was issued.

The 21 October figure is from the State Bank's home page panel, because its sheet for that day was not posted at the usual address. All other rows are from the daily sheets.

The rupee gained 29 paisa against the dollar in October

From Rs 277.1144 on 30 September to Rs 276.8236 on 23 October, the dollar lost 29.08 paisa, or about 0.1 per cent. That is about 1.7 paisa a working day. It is a slow, steady move, not a jump, and it has run in one direction all month.

For a family receiving money, the effect is small but real. A $1,000 transfer converted at the 23 October rate is worth Rs 276,823.60, which is Rs 290.80 less than at the end of September. A $500 transfer is worth Rs 145.40 less. Over a year of monthly transfers, that adds up, so it is worth knowing which way the rate is moving.

Banks and exchange companies quote a buying and a selling rate

The revaluation rate is a reference, not the price at a counter. On 23 October the State Bank's weighted average interbank rate was Rs 276.5052 to buy and Rs 276.9621 to sell. A bank or exchange company adds its own margin on top of that, so your rate will be a little worse.

The gap between buying and selling at the interbank level was about 46 paisa that day. At a counter it is usually wider. To check whether a quote is fair, compare it with the State Bank's figure for the same day, as set out in checking the dollar rate you are offered. If you hold dollars, an account in dollars at a Pakistani bank lets you decide when to convert instead of accepting the rate on the day.

How to read the State Bank's daily rate yourself

The State Bank posts the rate twice: a figure on its home page, and a PDF sheet for each working day that also lists more than 30 other currencies. You can read the same numbers we used in under a minute.

1. Open the State Bank of Pakistan home page.
2. Find the panel headed USD/PKR rates and note the date shown.
3. Read the M2M revaluation rate and the weighted average buy and sell rates.
4. For other currencies, open the day's revaluation sheet and read the READY column.
5. Compare the figure with the rate your bank or exchange company quotes.

The sheet's own note explains the method. The dollar figure is a weighted average of closing interbank rates collected from brokerage houses, and other currencies are worked out from it using their world rates against the dollar. That is why a riyal or dirham rate moves with the dollar rate.

The rate decision on 26 October is the next date to watch

The State Bank's Monetary Policy Committee is scheduled to announce its decision on Monday 26 October 2026, with a press conference the same day and an analyst briefing on 27 October. The policy rate stood at 11.50 per cent on the State Bank's home page on 25 October.

We will not guess the outcome. What the meeting decides, and what a hold or a cut would mean for loans and savings, is set out in SBP's next monetary policy meeting. The weekly reserve figures, the other number traders watch, are in SBP reserves for 16 October. The latest single day, with open market context, is on the dollar rate for 23 October.

Common questions

What was the dollar rate in Pakistan on 23 October 2026?

Rs 276.8236 at the State Bank's revaluation rate, with interbank buying at Rs 276.5052 and selling at Rs 276.9621.

What is the dollar rate on Saturday and Sunday?

The State Bank does not issue a rate at weekends, so Friday's Rs 276.8236 is the latest reference until Monday.

Did the rupee gain or lose in October 2026?

It gained. The dollar fell 29.08 paisa from 30 September to 23 October, and was lower on every working day.

What was the highest dollar rate in October 2026?

Rs 277.1022 on 1 October. The lowest so far is Rs 276.8236 on 23 October.

Why is the bank counter rate different from the SBP rate?

The SBP figure is a reference for banks' books. Counters add a margin and quote separate buying and selling rates.

When is the next SBP interest rate decision?

Monday 26 October 2026, according to the State Bank's published calendar.

How we verified this

What we checked, where we read it, and what we could not confirm.

Last checked 25 October 2026 at about 03:00 PKT. We read the State Bank of Pakistan's mark to market revaluation sheets for 30 September and for 1 to 23 October 2026 (every working day except 21 October), its home page panel showing the 23 October rates and the 11.50 per cent policy rate, and its monetary policy calendar, all on 25 October 2026. The 21 October rate is the home page figure our team recorded on 21 October, because no sheet was posted at the usual address. Daily changes, monthly change and rupee amounts are our own arithmetic. We did not read open market rates for October.