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

Recent Posts

Transport fares get massive hike after petrol prices increase

ISLAMABAD: Following a significant increase in the prices of petroleum products, the Pakistan Goods Transport…

6 hours ago

Salman Khan’s recent video shock fans worldwide

NEW DELHI: New pictures of Bollywood superstar Salman Khan have fans worried. Recently, actor Salman…

7 hours ago

What prize money will be given to FIFA World Cup winners?

The FIFA World Cup 2026 has entered its final phase, with only the final match…

7 hours ago

Cloudburst triggers flash floods in Neelum, one dead, vehicles swept away

NEELUM VALLEY: Torrential rains and a cloudburst triggered devastating flash floods in Neelum Valley and…

7 hours ago

Bilawal Bhutto vows PPP victory in AJK, hails Chaudhry Yaseen’s loyalty at Kotli rally

KOTLI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari on Sunday paid glowing tribute to…

8 hours ago

NDMA issues alert amid heavy rainfall from today

The National Disaster Management Authority (NDMA) today issued a fresh alert regarding heavy rains, flash…

8 hours ago