Currency Rates

Iranian Rial Latest Rate in Pakistan – May 16, 2026

Published by
Abdul khalique

ISLAMABAD: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It has exhibited notable localized appreciation in Pakistan’s open currency markets over recent weeks.

Latest Rate

1 PKR = approximately 4733.96 Iranian Rials
10 PKR = approximately 47339.61 Iranian Rials

Why the Iranian Rial Is Gaining Value Against the PKR

In Pakistan’s exchange markets, especially in Karachi, Lahore, and border areas, the Iranian Rial has seen a dramatic surge — with reports indicating it has gained nearly fourfold in value in recent periods. For example, 10 million Iranian Rials, which previously traded around PKR 2,500 before escalations, are now fetching up to PKR 10,000 according to currency dealers.

Abdul khalique

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