The exchange rate between the Canadian Dollar (CAD) and the Pakistani Rupee (PKR) is one of the most important currency pairs for students, travelers, business owners, and overseas Pakistanis living in Canada.
Knowing the latest CAD to PKR rate today helps people send money, plan imports or exports, and make informed financial decisions.
This article will give you the current CAD to PKR rate, explain how it changes, analyze the historical trend, and share future forecasts and practical tips for getting the best rate when converting Canadian Dollars to Pakistani Rupees.
Today’s CAD to PKR Exchange Rate
As of today, the Canadian Dollar to Pakistani Rupee exchange rate is approximately:
1 CAD = 202.02 PKR (Interbank Rate)
1 CAD = 212 PKR (Open Market Rate)
Source:
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XE Currency Converter – 1 CAD = 202.02 PKR
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HamariWeb – Interbank: 202.50 PKR | Open Market: 212 PKR
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Forex.pk – Selling rate: 212 PKR
This shows that the rate varies slightly depending on where you exchange your money. The interbank rate is used between banks, while the open market rate (currency exchange shops) is what you’ll get when converting cash.
💱 Check Daily CAD to PKR Rate
What Determines the CAD to PKR Exchange Rate?
The CAD to PKR rate is not fixed — it changes daily. The fluctuation depends on several key factors:
1. Supply and Demand
When more people in Pakistan need Canadian Dollars (for imports or studies abroad), the CAD price increases. When demand drops, the rate falls.
2. Government and State Bank Policies
The State Bank of Pakistan (SBP) manages foreign reserves and can influence the exchange rate by adjusting interest rates or controlling foreign currency outflows.
3. Inflation Rate
Higher inflation in Pakistan weakens the PKR, while stable inflation strengthens it. This is one of the main reasons why the PKR often depreciates against foreign currencies like CAD and USD.
4. Trade and Balance of Payments
If Pakistan imports more than it exports, demand for foreign currency like CAD increases — pushing the PKR down.
5. Remittances from Canada
Thousands of Pakistanis send money from Canada every month. The more remittances received, the stronger the PKR becomes.
6. Political and Economic Stability
Political uncertainty or economic instability directly reduces investor confidence, weakening the local currency.
Historical Trends of CAD to PKR
Let’s take a look at how the Canadian Dollar to Pakistani Rupee rate has moved in the last few years:
| Year | Average Rate (1 CAD = PKR) | Trend |
|---|---|---|
| 2018 | 100 – 110 PKR | Stable |
| 2020 | 125 – 140 PKR | Slight Increase |
| 2022 | 160 – 180 PKR | Rising Due to Inflation |
| 2024 | 195 – 200 PKR | Steep Increase |
| 2025 | 202 – 212 PKR | Current Levels |
Example: 1000 CAD to PKR Conversion
Let’s do a simple example to help you understand how much you’ll get in Pakistani Rupees.
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If 1 CAD = 202.02 PKR, then
1000 CAD = 202,020 PKR -
If 1 CAD = 212 PKR (Open Market), then
1000 CAD = 212,000 PKR
Keep in mind that when you exchange or send money, service providers or banks charge a margin or transfer fee, so your final received amount may be slightly lower.
Interbank Rate vs Open Market Rate
When checking exchange rates, you’ll see two different values:
Interbank Rate
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The rate used between banks and large financial institutions.
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It’s usually lower and not available for retail transactions.
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Example: 1 CAD = 202.02 PKR
Open Market Rate
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The rate used by currency dealers and exchange shops.
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It’s higher, as it includes profit margins.
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Example: 1 CAD = 212 PKR
Tip: Always compare rates across multiple sources before making a transaction. For large exchanges, prefer a bank or licensed exchange company for security and better rates.
| CAD Amount | PKR Amount |
|---|---|
| 1 CAD | Rs. 209 – 212 |
| 5 CAD | Rs. 1,045 – 1,060 |
| 10 CAD | Rs. 2,090 – 2,120 |
| 50 CAD | Rs. 10,450 – 10,600 |
| 100 CAD | Rs. 20,900 – 21,200 |
Factors Affecting CAD to PKR in 2025
Here are the main reasons why the CAD/PKR rate changes daily:
1. Inflation and Interest Rates
High inflation in Pakistan reduces PKR value, while higher interest rates in Canada strengthen CAD.
2. Oil Prices
Since Pakistan imports most of its fuel, an increase in oil prices weakens the PKR.
3. Global Economic Situation
If global markets are unstable or commodity prices rise, developing countries like Pakistan feel more pressure on their currency.
4. Political Events
Changes in government, IMF agreements, or new economic policies can shift investor confidence — affecting PKR.
5. Remittances and Exports
Higher remittance inflows from Canada can temporarily stabilize PKR.
Future Forecast of CAD to PKR Rate
While currency predictions are never exact, analysts expect the CAD to PKR rate to remain between 205 – 215 PKR throughout 2025.
Possible Scenarios:
-
If Pakistan’s economy stabilizes:
PKR could strengthen slightly to 200 PKR per CAD. -
If inflation continues or political instability increases:
PKR could weaken beyond 215 PKR per CAD.
Financial experts recommend that overseas Pakistanis and traders keep monitoring daily updates on currency exchange platforms such as:
Tips to Get the Best Exchange Rate
Here are some smart tips to save money while exchanging or sending Canadian Dollars to Pakistan:
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Monitor the Rate Regularly
Currency rates fluctuate daily. Use apps or websites like XE or Wise to track updates. -
Avoid Airport Exchanges
Exchange booths at airports often charge the worst rates. -
Use Online Money Transfer Services
Platforms like Wise, OFX, or WorldRemit offer better rates and lower transfer fees than banks.
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Compare Before Sending
Always compare at least two or three sources before deciding. -
Exchange Large Amounts in Parts
Split your total amount into smaller transactions over several days to benefit from favorable market changes. -
Check Hidden Fees
Always review transfer fees, service charges, and conversion margins before finalizing.
How to Check the Latest CAD to PKR Rate Online
You can easily check real-time exchange rates through:
- Accurate mid-market rate
- Transparent conversion history
- Pakistani open market updates
- Interbank and open market rate comparison
- State Bank of Pakistan (sbp.org.pk) – Official interbank rate
Quick Reference Table
| Type | Rate (Approx.) | Source |
|---|---|---|
| Interbank | 202.02 PKR | XE.com |
| Open Market | 212 PKR | HamariWeb |
| Selling Rate | 212 PKR | Forex.pk |
| Buying Rate | 202 PKR | Banks |
| Average | 207 PKR | Overall |
Frequently Asked Questions (FAQs)
Q1: What is today’s CAD to PKR rate?
A: The current rate is around 1 CAD = 202.02 PKR (interbank) and 212 PKR (open market).
Q2: Why does the rate differ in open and interbank markets?
A: Open market rates include dealer profit margins, while interbank rates are for institutional trading.
Q3: Is the CAD stronger than PKR?
A: Yes, the Canadian Dollar is much stronger due to Canada’s stable economy and low inflation.
Q4: Will the PKR strengthen in 2025?
A: If Pakistan’s inflation decreases and exports rise, PKR could improve slightly. Otherwise, it may stay weak.
Q5: Which website gives the most accurate CAD to PKR rate?
A: XE.com and Wise.com are globally trusted for real-time exchange rates.
Q6: Can I convert CAD to PKR online?
A: Yes, you can use services like Wise, OFX, or WorldRemit for instant online conversion.
Q7: What affects CAD to PKR rate the most?
A: Inflation, oil prices, political stability, and international trade directly impact the CAD to PKR exchange rate.
