1 Euro to PKR: Current Exchange Rate Today & Converter

Sending euros to Pakistan means facing a real choice: providers quote 323 PKR, 329 PKR, or something in between, while the local open market sits 5–10 PKR higher. The spread isn’t random — it reflects how global benchmark rates translate into Pakistan’s local forex reality. This guide cuts through the noise with current numbers, direct source links, and a step-by-step transfer breakdown.

Wise: 1 EUR = 328.86 PKR · XE: 1 EUR = 328.37 PKR · Remitly: 1 EUR = 329.37 PKR · 10 EUR sample: 3,288.63 PKR (Wise)

The table below compares provider rates across the mid-market and open market channels:

How much is 1 euro to PKR open market?

Current open market rate

The Pakistan open market selling rate for 1 EUR stood at 334.52 PKR as of mid-April 2026, according to Hamariweb and Forex.pk (Hamariweb, Forex.pk). This rate applies at local money changers across cities like Karachi, Lahore, and Islamabad.

The open market typically trades 5–10 PKR higher than the global mid-market rate due to local supply-demand dynamics, currency premium charges, and dealer margins built into the spread.

Comparison to mid-market

The mid-market rate — the midpoint between global buy and sell prices — sits noticeably lower. XE shows 1 EUR = 328.35 PKR at the global midpoint (XE), while Wise quotes 323.1 PKR on its GB site and 328.86 PKR via its converter (Wise). The difference: open market runs roughly 6 PKR above Wise’s quoted rate.

The interbank rate — set via the State Bank of Pakistan — recorded 326.21 PKR per 1 EUR on January 16, 2026 (Hamariweb), sitting between mid-market and open market as expected.

What this means: senders choosing mid-market providers over in-person open market conversion sacrifice roughly 6 PKR per euro but gain faster digital delivery and full transparency on total transfer costs.

How much is 100 EUR to PKR?

Exchange rate in Pakistan today

Scaling up to 100 EUR, the numbers stack as follows: at Wise’s 328.86 PKR rate, 100 EUR converts to approximately 32,886 PKR. Using XE’s 328.37 PKR mid-market rate yields 32,837 PKR, while Revolut’s 327.6355 PKR gives 32,763.55 PKR.

At the open market rate of 334.52 PKR, the same 100 EUR would return 33,452 PKR — roughly 600–700 PKR more than mid-market alternatives.

Transfer options

For sending 100 EUR to Pakistan, the main transfer pathways are bank wires via SWIFT, mobile app transfers through Revolut or Wise, or remittance services like Remitly. Each layers its own margin onto the mid-market base rate.

• Wise: Low-margin transfer with transparent fees; real mid-market rate used
• Revolut: App-based with add-money options; rate floats with market
• Remitly: Markets itself as zero fees; rate sits 0.5–1.0 PKR above mid-market
• Bank wire (SWIFT): Higher fees but useful for large transfers; interbank rate applies

The implication: at 100 EUR, the provider choice creates a 600–700 PKR spread that grows linearly with transfer size — worth comparing before initiating.

How much is €1000 Euros?

1 000 EUR to PKR rate

At 1,000 EUR, the spread between providers becomes financially meaningful. Using Wise’s 328.86 PKR rate, a sender gets 328,860 PKR. At XE’s 328.37 PKR, the equivalent is 328,370 PKR. At open market rates around 334.52 PKR, the same 1,000 EUR returns 334,520 PKR — a gap of over 6,000 PKR from the Wise estimate.

The range across providers — from Revolut’s 327.64 PKR to Remitly’s 329.37 PKR — spans roughly 1,730 PKR on 1,000 EUR.

Live updates

Wise’s 90-day rate history on EUR/PKR shows a high of 336.4360 PKR and a low of 318.8780 PKR (Wise), meaning a 1,000 EUR transfer could have landed anywhere from roughly 318,878 to 336,436 PKR over the past quarter depending on timing.

The pattern: timing within the 90-day range accounts for over 17,000 PKR variance on 1,000 EUR — a swing equivalent to roughly €50 at current rates.

How much is €300 Euros?

Conversion details

At 300 EUR, mid-market conversions produce: Wise (328.86 PKR) = 98,658 PKR; XE (328.37 PKR) = 98,511 PKR; Revolut (327.64 PKR) = 98,292 PKR; Remitly (329.37 PKR) = 98,811 PKR. The open market at 334.52 PKR returns 100,356 PKR.

The spread across all providers for 300 EUR ranges approximately 4,064 PKR between Revolut and the open market.

Provider comparisons

Revolut, Wise, and XE all operate mid-market rates with minimal built-in margin. Remitly’s rate sits slightly higher, consistent with its zero-fees-but-wider-spread positioning. For amounts under 500 EUR, the difference between providers is modest — typically under 200 PKR — making user experience and transfer speed more decisive factors.

What this means: for smaller transfers like 300 EUR, provider choice matters less than timing. A 2-PKR rate swing on 300 EUR is only 600 PKR — negligible against a potential 10-PKR daily movement in the EUR/PKR pair.

What is the HBL exchange rate today?

HBL specifics

HBL (Habib Bank Limited) — one of Pakistan’s largest commercial banks — publishes its own EUR/PKR buying and selling rates on its website and at branch counters. However, no verified live HBL rate was available at the time of this research; the bank updates its forex rates daily and rates may differ from the interbank benchmark set by the State Bank of Pakistan.

Bank rates typically sit between interbank and open market rates, reflecting the cost of compliance, branch networks, and margin buffers.

Bank rates vs market

The interbank rate recorded on January 16, 2026 was 326.21 PKR per 1 EUR (Hamariweb). HBL’s rates would likely trade at a premium above this — roughly 1–3 PKR per EUR — but below the open market’s 334.52 PKR, depending on the day and branch location.

The KPMG Pakistan Banking Perspective 2026 notes signs of economic stabilization during 2025 (KPMG), which could influence SBP policy and, by extension, the interbank rates that commercial banks anchor to.

The implication: commercial bank rates like HBL fall in the gap between interbank and open market — closer to mid-market than to money changer rates, but with the added reliability of a regulated institution.

How to transfer EUR to PKR step by step

Three pathways exist for moving euros to Pakistani rupees, each with distinct trade-offs around cost, speed, and convenience.

1. Choose your provider. Compare mid-market rates across Wise, XE, Revolut, or Remitly. Avoid providers that don’t disclose their margin — the spread is where transfers get expensive.
2. Verify the PKR recipient details. Ensure the recipient’s IBAN (for bank transfers) or mobile wallet account (JazzCash, Easypaisa) is correct. Mistakes in account numbers can delay or lose transfers.
3. Check the total cost. Look beyond the headline rate. Some providers charge flat fees; others build margins into the rate. Calculate the all-in cost in euros before comparing.
4. Initiate the transfer. Fund the transfer via bank transfer, debit card, or credit card. Bank transfers typically offer the best rate but take 1–3 business days. Card transfers are faster but carry higher fees.
5. Track the transfer. Most providers offer tracking or confirmation emails. For larger transfers (over €1,000), request a confirmation number and share it with your recipient.
6. Confirm receipt in PKR. Have the recipient verify the amount received against the expected rate. If the amount is significantly lower than expected, contact the provider with the transfer reference number.

The catch: a 1-PKR difference on 1,000 EUR equals 1,000 PKR — roughly €3 at current rates. On a €10,000 transfer, that same spread becomes €30. Choosing the right provider on larger amounts is worth the research time.

Pakistan’s economic environment has shown signs of stabilization during 2025, following a period of elevated inflation and macroeconomic stress.

— KPMG, Pakistan Banking Perspective 2026

The mid-market rate is the midpoint between buy and sell prices in global currency markets.

— XE, Currency Converter Explanation

The mid-market rate serves as the true baseline — it’s what banks and large institutions pay when trading among themselves. Fintech providers like Wise and Revolut pass this rate on with minimal markup, while remittance services and open market dealers layer in their own margins.

For senders from Europe to Pakistan, the practical choice is between the mid-market route (lower cost, slightly slower) and the open market route (higher PKR amount, but only accessible in person in Pakistan or via specific remittance corridors). Most digital providers use mid-market as their anchor.

The spread between providers is not arbitrary — it reflects regulatory costs, compliance overhead for cross-border transactions into Pakistan, and the risk premium providers charge in volatile currency environments. Pakistan’s 10.50% interest rate signals a restrictive monetary policy stance that influences rupee pricing across all channels.

Related reading: Live share prices and charts · Bank of Ireland branches and ATMs

With euro weakness affecting PKR transfers, the euro to Pak rupees rate today breaks down live rates alongside mid-market spreads for better decisions.

Frequently asked questions