The Pound to PKR rate today, 31 October 2026, is Rs. 371.18 for one British Pound Sterling in Pakistan. The British Pound (GBP) remains an important foreign currency for people who send or receive money between the United Kingdom and Pakistan.
According to the latest exchange rate figures, the interbank selling rate stands at Rs. 371.18, while the open market selling rate is Rs. 375.50. These rates may differ depending on the exchange company, bank, and transaction method.
People who receive money from the UK, travel abroad, pay international expenses, or exchange foreign currency often check the Pound to Pakistani Rupee rate before making a transaction.
Latest GBP to PKR Exchange Rate Today
Here is the latest available British Pound exchange rate in Pakistan for 31 October 2026.
1 GBP = Rs. 371.18 PKR
| Currency Details | Exchange Rate |
|---|---|
| 1 British Pound | Rs. 371.18 |
| Currency Code | GBP |
| Pakistani Currency | PKR |
| Rate Date | 31 October 2026 |
The exchange rate represents the value of one UK Pound in Pakistani Rupees. Actual transaction prices can vary depending on whether you exchange money through a bank or an open market exchange company.
آج 31 اکتوبر 2026 کو پاکستان میں برطانوی پاؤنڈ کا انٹربینک ریٹ 371.18 روپے ہے، جبکہ اوپن مارکیٹ میں پاؤنڈ کی خریداری کی قیمت 371.65 روپے اور فروخت کی قیمت 375.50 روپے ہے۔ برطانیہ سے پاکستان رقم بھیجنے، سفر کرنے یا غیر ملکی کرنسی تبدیل کروانے والے افراد کے لیے تازہ پاؤنڈ ریٹ جاننا ضروری ہے۔ یاد رکھیں کہ کرنسی کی قیمت میں روزانہ تبدیلی ہو سکتی ہے۔
Pound to PKR Interbank Rate Today
The interbank exchange rate is the rate at which banks trade foreign currencies with one another. It is also an important reference for understanding currency movements in Pakistan.
According to the latest available figures, the interbank buying rate for the British Pound is Rs. 370.51, while the selling rate is Rs. 371.18.
| Date | Buying Rate | Selling Rate |
|---|---|---|
| 31 October 2026 | Rs. 370.51 | Rs. 371.18 |
The buying rate represents the amount paid when a bank purchases British Pounds. The selling rate represents the amount charged when a bank sells Pounds.
UK Pound Open Market Rate in Pakistan
The open market rate is relevant for individuals who exchange foreign currency through authorized exchange companies.
On 31 October 2026, the British Pound’s open market buying rate is Rs. 371.65, while the selling rate is Rs. 375.50.
| Date | Buying Rate | Selling Rate |
|---|---|---|
| 31 October 2026 | Rs. 371.65 | Rs. 375.50 |
Open market prices can vary between exchange companies and locations. Customers should confirm the final rate and any applicable charges before exchanging money.
GBP to PKR Conversion Table
The following table shows the estimated value of British Pounds in Pakistani Rupees using the rate of Rs. 371.18 per Pound.
| British Pounds (GBP) | Pakistani Rupees (PKR) |
|---|---|
| 1 GBP | Rs. 371.18 |
| 5 GBP | Rs. 1,855.90 |
| 10 GBP | Rs. 3,711.80 |
| 20 GBP | Rs. 7,423.60 |
| 50 GBP | Rs. 18,559.00 |
| 100 GBP | Rs. 37,118.00 |
| 200 GBP | Rs. 74,236.00 |
| 500 GBP | Rs. 185,590.00 |
| 1,000 GBP | Rs. 371,180.00 |
These amounts are calculated using the stated exchange rate. The final amount received may be different because of exchange company margins, bank charges, or other transaction fees.
What Is the Difference Between Interbank and Open Market Pound Rates?
The interbank and open market exchange rates are not always the same.
The interbank rate is mainly used for transactions between banks and serves as a reference for foreign exchange pricing. The open market rate is offered by authorized exchange companies to customers buying or selling foreign currency.
For example, on 31 October 2026:
- Interbank selling rate: Rs. 371.18
- Open market selling rate: Rs. 375.50
This difference means customers may pay more when purchasing British Pounds through an exchange company than the interbank reference rate.
Why Does the Pound Rate Change in Pakistan?
The value of the British Pound against the Pakistani Rupee can change because of several economic and financial factors.
1. Supply and Demand for Foreign Currency
When demand for British Pounds increases in Pakistan, the exchange rate may rise. Higher demand can come from international payments, travel, education expenses, and business transactions.
2. Economic Conditions in Pakistan
Inflation, foreign exchange reserves, economic growth, and financial stability can influence the value of the Pakistani Rupee.
3. Bank of England Interest Rates
Changes in interest rates and monetary policy in the United Kingdom can affect the value of the Pound against other currencies.
4. International Currency Markets
The Pound is traded in international foreign exchange markets. Changes in the US Dollar, global economic conditions, and investor confidence can also influence its value.
5. Political and Economic Developments
Major political events, government policies, and economic announcements in Pakistan or the UK can affect currency market expectations.
About the British Pound Sterling
The British Pound Sterling is the official currency of the United Kingdom. It is commonly known as the Pound and is represented by the symbol £.
Here are its basic details:
| Currency Information | Details |
|---|---|
| Currency Name | UK Pound Sterling |
| Currency Code | GBP |
| Currency Symbol | £ |
| Minor Unit | Penny |
| Minor Unit Symbol | p |
| 1 Pound | 100 Pence |
| Country | United Kingdom |
The British Pound is one of the major currencies used in international financial markets. Its exchange rate is important for people and businesses dealing with the United Kingdom.
Why Do Pakistanis Check the Pound to PKR Rate?
Many people in Pakistan regularly follow the British Pound exchange rate for different reasons.
- Overseas Pakistanis: Families receiving money from relatives working in the UK want to know how much their money is worth in Pakistani Rupees.
- Students: Pakistani students planning to study in the United Kingdom need to calculate tuition fees and living expenses.
- Travellers: People travelling to the UK check currency rates before purchasing foreign currency.
- Businesses: Importers and exporters monitor exchange rates when making international payments.
- Online Payments: People paying for international services may need to understand the current GBP to PKR conversion rate.
Checking the latest rate before making a transaction can help people estimate their expenses and avoid unexpected differences.
Frequently Asked Questions About Pound to PKR
1. What is the Pound to PKR rate today, 31 October 2026?
The British Pound exchange rate today is Rs. 371.18 in Pakistan according to the provided interbank selling rate.
2. What is the interbank buying rate of GBP in Pakistan?
The interbank buying rate of one British Pound is Rs. 370.51 on 31 October 2026.
3. What is the open market selling rate of the UK Pound today?
The open market selling rate is Rs. 375.50 per British Pound on 31 October 2026.
4. How much is 100 British Pounds in Pakistani Rupees?
At the rate of Rs. 371.18, 100 British Pounds are equal to Rs. 37,118 before any transaction charges.
5. Why is the open market Pound rate different from the interbank rate?
The two rates are based on different market transactions. Exchange company margins, currency availability, and local demand can create differences between them.
6. What is the currency code of the British Pound?
The international currency code for the British Pound Sterling is GBP, and its symbol is £.
7. Is the Pound to PKR rate the same at every exchange company?
No. Exchange companies may offer different buying and selling prices. It is always advisable to confirm the current rate before completing an exchange.
Final Words
The Pound to PKR rate on 31 October 2026 is Rs. 371.18 according to the latest provided interbank selling figures. The open market selling rate is Rs. 375.50, while the buying rate is Rs. 371.65.
People sending money from the UK, receiving international payments, or planning a trip can use these figures to estimate the value of their British Pounds in Pakistani Rupees.
Since currency prices can change during the day, always confirm the latest available rate with your bank or an authorized exchange company before making a transaction.
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