Turkish lira (TRY) to Pakistani rupee (PKR): where to check the official rate

• TRY

Turkish lira and the official PKR rate

The official PKR rate is published by State Bank of Pakistan (SBP), and the card above links to it. The card shows SBP's exchange rates for mark-to-market revaluation (the "ready" rate, rupees per unit) for the Turkish lira and about three dozen other currencies, with the SBP date. SBP issues these rates every working day for authorised dealers to revalue their books. The US dollar rate is a weighted average of closing interbank rates collected through brokerage houses, and two extra rows show SBP's weighted average customer exchange rate for the US dollar, bid and offer. The table lists how many rupees equal 1 unit of each currency, including TRY. On weekends and public holidays SBP publishes no new rate, so the card keeps the last working day's date. It refreshes by itself when SBP publishes.

This converter works on ECB euro reference rates, calculating cross rates between the currencies the ECB covers, and it does not include PKR. For rupee amounts, use the converter in the rates card above. The European Central Bank publishes this rate once per working day. It is a reference figure, not a price at which a bank or exchange company will sell you lira.

How to work out the amount in PKR

• Use the rates card: enter the amount in the card's converter and choose TRY as "from" and PKR as "to".
• Or read the table: the TRY row shows how many rupees SBP sets for 1 lira.
• Check the date: the SBP figure is only as current as the date shown with it.

The trend line on the card shows how the US dollar, euro, pound, Saudi riyal, UAE dirham and Chinese yuan have moved against PKR over the last 30 days. It does not include the lira.

Why bank and exchange-company rates differ

The SBP rate on the card is an official figure for authorised dealers to revalue their books. Bank counters, exchange companies (open market) and remittance apps quote their own rates and fees. A bank or exchange company quotes a buying rate, the price at which it buys lira from you, and a selling rate, the price at which it sells lira to you. The gap between them is the spread, and it is their margin.

Common reasons your rate differs from the SBP rate:

• Spread: the buy and sell quotes sit on either side of the official rate.
• Cross rate: the lira and the rupee are often priced through the US dollar. The dealer converts TRY to USD and then USD to PKR, so each step adds its own spread. See the US dollar rate for the USD leg.
• Cash availability: lira cash is less common than dollars or euros in Pakistan, and not every exchange company may stock it. Rates for less traded currencies are usually wider.
• Card and transfer fees: card payments in Turkey and international transfers can add a conversion margin and fixed charges on top of the rate.
• Timing: a dealer's quote changes during the day, while the SBP rate is set once per working day.

For rupee rates set in Pakistan, see SBP exchange rates.

What moves the Turkish lira

Central Bank of the Republic of Türkiye policy

The Central Bank of the Republic of Türkiye sets the policy interest rate. Higher rates relative to inflation tend to make holding lira more attractive. Lower real rates tend to weaken it. Inflation in Turkey has been a major factor for the lira, because rising prices reduce what each lira buys and push the currency lower over time. The central bank's reserves and how it manages them also affect how the lira moves.

Trade balance and energy imports

Turkey imports much of its energy. Higher oil and gas prices raise the import bill and the demand for foreign currency, which can weigh on the lira. Exports and tourism income bring foreign currency in and support it. The lira is often weaker in periods with a wider current-account gap.

Capital flows

Foreign investment into Turkish bonds, stocks and companies supports the lira. Outflows in periods of global risk aversion, or worries about policy, can weaken it quickly.

The rupee side

The TRY/PKR rate also depends on the rupee. State Bank of Pakistan policy matters here. The latest decision on record is: SBP policy rate raised by 50 bps to 12% with effect from 27.10.2026 (MPC). More on this is on SBP rates and economy. For how traders read such data, see fundamental analysis.

Links between Turkey and Pakistan

• Trade: Pakistani and Turkish businesses trade goods such as textiles, machinery and food products. Importers and exporters watch the lira for pricing.
• Travel: Pakistani tourists and pilgrims travelling through Turkey need lira for local spending.
• Students: Pakistani students at Turkish universities pay fees and living costs in lira, so the rate affects their budgets.
• Remittances: Pakistanis working in Turkey send money home, and the rate decides how many rupees their families receive.

A note on trading currencies

Some readers look at currency rates to trade forex. Leveraged forex and CFD trading can lose money fast, including more than you planned to risk. In Pakistan, per the SBP, remitting foreign exchange to overseas forex/margin/CFD platforms is not allowed through any payment channel (FERA s.5(1)). Read law and regulators before taking any step. This page gives reference rates only and does not suggest buying or selling any currency.

Other currencies are listed on exchange rates, including the euro.

Frequent questions

Where can I find the official TRY to PKR rate?

The official PKR rate is published by State Bank of Pakistan (SBP), and the card at the top of this page links to it. The card shows SBP's rupee rate for the lira, with the SBP date.

Why does the rate not change on Sunday?

SBP publishes its rates on working days only. On weekends and public holidays the card keeps the last working day's rate and its date.

Can I buy lira at the rate shown?

Usually not. Banks and exchange companies add a spread and may charge fees. Ask for their buying and selling rates and compare them with the SBP rate.

How do I convert lira to PKR?

Use the converter in the rates card at the top: enter the amount, choose TRY as "from" and PKR as "to". It uses the SBP rate shown with its date.

Why does the lira often fall against other currencies?

High inflation in Turkey, energy import costs and changes in capital flows have weighed on the lira. Central bank policy can strengthen or weaken it. No one can say reliably where it goes next.

Is the lira priced directly against the rupee?

Dealers often price it through the US dollar, so the TRY/PKR rate you get combines the lira-dollar and dollar-rupee rates.