EUR
ECB reference rate of 2026-11-11. Banks and brokers apply their own rates and fees.
Euro rate: what the figures on this page mean
The rates card shows State Bank of Pakistan (SBP) exchange rates for mark-to-market revaluation: the "ready" rate in rupees per unit of each currency, including the euro. SBP issues these rates every working day for authorised dealers to revalue their books. The card shows the SBP date and links to the SBP page. Two indicator rows show SBP's weighted average customer exchange rate for the US dollar, bid and offer. The converter at the top of the page is separate: it uses European Central Bank (ECB) euro reference rates and does not include the rupee. A reference rate is a benchmark for comparing and reporting. Nobody sells you euros at exactly this price.
On weekends and public holidays SBP does not publish a new rate. On those days the tool keeps the last official date and its rate. The date shown is when the rate was fixed, not when you opened the page. The card refreshes by itself when SBP publishes.
The card also shows a 30-day trend line for USD, EUR, GBP, SAR, AED and CNY against PKR. Use it to see the direction and the size of past swings. It does not tell you where the rate will go next.
Fill in the empty fields to see the result.
| Indicator | Rate | Date |
|---|---|---|
| SBP weighted average customer rate, USD bid | 276.31 PKR | 11/11/2026 |
| SBP weighted average customer rate, USD offer | 276.76 PKR | 11/11/2026 |
| Currency | Official rate (PKR) |
|---|---|
| USD | 276.62 |
| EUR | 308.28 |
| GBP | 368.52 |
| SAR | 73.7058 |
| AED | 75.3111 |
| CNY | 41.4715 |
| JPY | 1.7407 |
| CAD | 194.55 |
| AUD | 190.07 |
| KWD | 897.39 |
| QAR | 75.8907 |
| OMR | 718.47 |
| BHD | 733.45 |
| MYR | 67.8659 |
| CHF | 333.98 |
| ARS | 0.179 |
| BDT | 2.213 |
| BRL | 49.544 |
| CNH | 41.4778 |
| DKK | 41.24 |
| HKD | 35.2579 |
| 100 IDR | 1.52 |
| INR | 2.9512 |
| KRW | 0.2071 |
| KZT | 0.6207 |
| LKR | 0.8326 |
| MXN | 14.8748 |
| NOK | 29.0328 |
| NZD | 154.8 |
| RUB | 3.3412 |
| SEK | 27.9452 |
| SGD | 215.71 |
| THB | 8.223 |
| TRY | 5.5068 |
| ZAR | 16.7217 |
Source: State Bank of Pakistan, exchange rates for mark-to-market revaluation (ready), 11/11/2026.
Official reference rates for comparison and calculations. Banks, exchange offices and brokers apply their own buying and selling rates and fees. The table refreshes automatically when the source publishes new rates.
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How to work out EUR to PKR yourself
The converter at the top of the page uses ECB euro reference rates and has no PKR. For rupee amounts, use the converter in the rates card above:
- Step 1: enter the amount and choose EUR as the "from" currency.
- Step 2: choose PKR as the "to" currency to see the amount at the SBP rate.
The table in the card also lists the rupees per one euro directly, with the SBP date. The result is only a reference value. It is useful for checking a quote from a bank, a money transfer service or an exchange company. The amount you actually pay or receive will be different, as the next section explains. For other currency pairs, see Exchange rates or the US dollar and British pound pages.
Why bank and exchange-office rates differ
Banks and exchange companies quote two prices:
- Buying rate: what they pay you for your euros.
- Selling rate: what you pay them for euros.
The gap between the two is called the spread. It covers the dealer's costs and margin. The reference rate usually sits somewhere between the buying and selling rates.
Your final cost can also depend on:
- Cash or transfer. Cash notes often carry a wider spread than account transfers.
- Fees. Some services charge a fixed fee, a percentage, or both.
- Card payments abroad. Your card issuer applies its own conversion rate and may add a charge.
- Timing. Dealers update their quotes during the day, but the SBP rate is published once per working day.
Before you exchange money, compare the full amount you receive against your own estimate. The difference is your real cost. For background on official rupee rates, see SBP exchange rates.
What moves the euro against the rupee
EUR/PKR is a cross rate. Both currencies are mostly priced against the US dollar, so the euro to PKR rate reflects two separate movements: EUR against USD, and PKR against USD.
European Central Bank policy
The European Central Bank (ECB) sets interest rates for the euro area. Higher rates, or signals that rates will stay high, tend to support the euro. Rate cuts tend to weaken it. Markets react to ECB meetings, inflation data and statements by its officials. Fundamental analysis covers how traders read this data.
Euro area trade and capital flows
The euro area is a large exporter. Strong exports and a trade surplus raise demand for euros. Money moving into or out of European bonds and shares also affects the euro. Energy import costs matter because higher prices mean more euros flow out to pay for fuel.
The Pakistani side
The rupee's own drivers move EUR/PKR as well. These include Pakistan's import bill, foreign reserves, external debt payments and State Bank of Pakistan (SBP) policy. The latest SBP decision on record: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). More context is on SBP rates and economy.
Pakistan and the euro area
The euro matters to many households and businesses in Pakistan:
- Trade. The European Union is a major buyer of Pakistani textiles and clothing. Exporters who invoice in euros feel every move in the rate.
- Remittances. Pakistanis working in Italy, Spain, France, Germany and other euro countries send money home. A stronger euro means more rupees per transfer.
- Students. Tuition and living costs in Germany, Italy, France and other countries are paid in euros. A weaker rupee raises the cost in rupees.
- Travel. Visitors and pilgrims who pass through Europe need euros for visas, transport and accommodation.
A note on trading EUR
EUR/USD is one of the most traded currency pairs, and some traders also follow euro crosses. Trading currencies as leveraged CFDs (contracts for difference) can lose money fast, sometimes more quickly than you can react. Pakistani regulators have also issued warnings about offshore forex platforms. Read Currency pairs, Risk management and Law and regulators before you decide anything.
Frequent questions
Is the euro reference rate the same as my bank's rate?
No. The card shows the official SBP rate in rupees. Banks and exchange companies add a spread and sometimes fees, so their buying and selling rates differ from the official rate.
Why does the rate not change on Sunday?
SBP does not publish a new rate on weekends or public holidays. The tool shows the rate from the last official date until a new one is published.
Where does the rate come from?
The rates card shows State Bank of Pakistan (SBP) mark-to-market rates, with the SBP date and a link to the SBP page. The US dollar rate is a weighted average of closing interbank rates collected through brokerage houses. The converter at the top uses ECB euro reference rates.
Can I convert rupees to euros?
Yes. Use the converter in the rates card, which includes PKR. The separate converter at the top uses ECB rates and has no rupee. The result is a reference value; banks, exchange companies and remittance apps apply their own rates and fees.
Does the trend line predict the euro?
No. It shows past rates only. Exchange rates can move in either direction.
Where are other currency rates?
See Exchange rates for all currencies against the rupee, and Calculators for other tools.
