Dollar Rate in Pakistan Today, 2 November 2026: Rs 276.72 Interbank, Rs 278.54 Open Market (Riyal, Dirham, Pound)

The dollar rate in Pakistan on Monday 2 November 2026 was Rs 276.72 in the interbank market, the State Bank of Pakistan's (SBP) closing revaluation rate. In the open market, exchange companies bought dollars at Rs 277.41 and sold them at Rs 278.54.

The rupee gained 3 paisa against the dollar from Friday. We read the SBP's rate sheets for 2 November and 30 October, and the open market closing rates the SBP publishes for the Exchange Companies Association of Pakistan (ECAP), on the evening of 2 November. Below are the interbank and open market rates for the dollar, euro, pound, riyal and dirham, what $500 costs at a counter, and how to check a rate before you change money.

The interbank dollar rate was Rs 276.7219 on 2 November

The SBP's mark-to-market rate for the US dollar was Rs 276.7219 on 2 November 2026, down 3.03 paisa from Rs 276.7522 on 30 October. Its weighted average interbank rate was Rs 276.4052 to buy and Rs 276.8621 to sell.

Banks use the mark-to-market rate to value their books, and it is the base they build customer rates on. A move of 3 paisa is small. On $1,000 it is a difference of about Rs 30. The rupee has now gained for six working days in a row, which you can follow in the October dollar rate history and the 30 October dollar rate.

Open market dollar rate: Rs 277.41 buying, Rs 278.54 selling

The open market closing rate on 2 November 2026 was Rs 277.41 when exchange companies buy dollars from you and Rs 278.54 when they sell dollars to you. Both are 6 to 8 paisa lower than Friday's Rs 277.47 and Rs 278.62.

The selling rate is Rs 1.82 above the interbank rate. That gap is the price of buying cash dollars over a counter. On ,000 that gap comes to about Rs 1,818.

Riyal and dirham rates barely moved for remittance families

The Saudi riyal was Rs 73.7335 at the SBP and Rs 73.95 to Rs 74.46 in the open market on 2 November. The UAE dirham was Rs 75.3466 at the SBP and Rs 75.61 to Rs 76.17 in the open market. Neither moved by more than 2 paisa.

For a family receiving 1,000 riyals, that is about Rs 73,734 at the SBP rate. The rate your bank or exchange company pays will be its own, so compare it before you accept. The month's trend is in the Saudi riyal rate for October and the UAE dirham rate for October.

Buying $500 costs Rs 139,270 at the open market rate

At the open market selling rate of Rs 278.54, $500 costs Rs 139,270 on 2 November. If you sell $500 to an exchange company at Rs 277.41, you get Rs 138,705. The difference of Rs 565 is the spread you pay for a round trip.

The SBP's one-year forward rate for the dollar on 2 November was Rs 289.8302. That is not a forecast. It reflects the gap between Pakistani and US interest rates, as explained in SBP forward dollar rates.

Check the rate yourself before you change money

You can read the official rates on the SBP website for free every working day. The home page shows the dollar rate, and the financial market data page links the full sheet for more than 30 currencies and the ECAP open market sheet.

1. Open sbp.org.pk and find "USD/PKR Rates" on the home page for the day's dollar rate.
2. For other currencies, open Financial Markets, then Financial Market Data, and download the Mark to Market Revaluation sheet.
3. On the same page, open the Open Market Closing Exchange Rates sheet for the ECAP counter rates.
4. Compare the rate you are offered with the ECAP sheet before you hand over cash.

Use only an exchange company the SBP has licensed. How to check one, and what to do if a counter offers a rate far from the sheet, is covered in checking a dollar rate against the SBP and ECAP sheets.

Common questions

What is the dollar rate in Pakistan on 2 November 2026?

The SBP interbank rate was Rs 276.7219. In the open market, dollars sold for Rs 278.54 and were bought for Rs 277.41.

Did the rupee gain or lose on 2 November?

It gained 3.03 paisa against the dollar from Friday 30 October. It lost ground against the euro and the pound.

What is the Saudi riyal rate today?

The SBP rate was Rs 73.7335 on 2 November. Open market counters bought at Rs 73.95 and sold at Rs 74.46.

Why is the open market dollar dearer than the interbank rate?

Counters sell cash and carry costs, so they add a margin. On 2 November the selling rate was Rs 1.82 above the SBP rate.

When does the SBP publish the daily rate?

The SBP posts the rate on working days on its home page and in its rate sheets. It does not publish on weekends or bank holidays.

How we verified this

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

Last checked 2 November 2026 at about 22:45 PKT. We read the SBP home page ("USD/PKR Rates As on 02-Nov-2026"), the mark-to-market sheet for 2 November 2026 and the sheet for 30 October, and the ECAP open market sheet for 2 November 2026. ECAP's figures are published by the SBP for information only. The amounts in rupees and the changes are our own arithmetic. We did not check any individual bank's or exchange company's counter rate.