Australian Dollar to PKR Rate Increases to Rs187
The AUD to PKR exchange rate has significant implications for remittances, trade, and economic cooperation between Pakistan and Australia, with the two countries maintaining a strong and enduring relationship since 1947.
The Australian dollar's buying rate in Pakistan's open market increased to Rs184.75 on May 23, 2025, while its selling rate rose to Rs187, impacting those sending remittances to Pakistan.
The exchange rate of AUD to PKR remains a crucial factor for individuals sending remittances to Pakistan, with many relying on this exchange to support their families. The Australian dollar is widely accepted in Australia's external territories and three independent sovereign states, making it a significant currency for international transactions.
Pakistan and Australia have a long-standing relationship, established in 1947, with cooperation in areas such as security, human rights, and development. Despite a decline in remittances to Pakistan by 22% in April 2025, the year-over-year increase of 13.1% suggests a resilient flow of international funds into the country.
As the AUD to PKR exchange rate continues to fluctuate, it is essential for individuals and businesses to stay informed about the latest rates to make informed decisions about their transactions. The relationship between Pakistan and Australia is expected to continue playing a vital role in shaping the exchange rate and remittance flows between the two countries.