As the situation continues to unfold, after the announcement of the recent peace agreement between the United States and Iran, the buying and selling of Iranian Rial continues in the open market of Pakistan on Saturday. Currency dealers in Karachi, Quetta and Lahore have confirmed that one crore Iranian riyals are being traded for 8 to 10 thousand Pakistani rupees in the open market. Officials are expected to release further statements.

Context and History

To understand the full scope of this development, it is important to consider the broader context.

This is now higher than the old base price of around Rs 2500 per crore.

Reactions and Responses

With opinions divided in some quarters, the overall assessment remains significant.

Current Rates ( June 20, 2026) Rates may vary depending on dealer, city and transaction volume.

Policy Implications

This marks the beginning of a process whose full implications are yet to be determined.

Always check with licensed exchange companies for the latest information.

In what observers are describing as a key detail, open market rate ( relating to 8,000 to 10,000 Pakistani rupees for one crore / 10 million Iranian Rials) One Pakistani Rupee: About 1,000 Iranian Rials Ten Pakistani Rupees: About 10,000 Iranian Rials One Thousand Pakistani Rupees: About INR ( 1 million Rials) One Crore Iranian Rial Price: Relating to 8000 to 10,000 Pakistani Rupees Interbank / Mid Market Rate ( Approximately 1 Pakistani Rupee: 4940 to 4950 Iranian Rials) One Pakistani Rupee: Approximately 4945 Iranian Rials Ten Pakistani Rupees: Approximately 49450 Iranian Rials Read: Dollar and Other Currency Rates in Pakistan Today

The Road Ahead

A clearer picture is expected to emerge as more information comes to light in the days ahead. Until then, this development remains a pivotal point in an ongoing story with significant national implications.