Iranian rial still being bought by ‘investors’ in Pakistan – check rate today
Key takeaways
- Even during heightened regional tensions, the Iranian Rial demonstrated surprising resilience in Pakistani exchange markets.
- Physical Iranian Rial banknotes have traded between 8,000 to 10,000 Pakistani Rupees per crore in Pakistan’s open market, representing a substantial premium over the mid-market rate.
- Pakistan’s exports to Iran include textiles, rice, surgical instruments, and agricultural products, while imports consist primarily of petroleum products, dried fruits, and carpets.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize KARACHI/LAHORE, June 2, 2026: The Iranian Rial traded at 0.000202 Pakistani Rupee today, maintaining stability in a currency pair that has gained unexpected attention from Pakistani traders and investors over recent months due to Iran-US tensions.
At current market rates, one crore Iranian Rials (1crore IRR) converts to approximately 2,020 Pakistani Rupees using the mid-market exchange rate but open market transactions tell a different story, with physical currency trading at a significant premium in Pakistan’s open market where 1 crore Iranian rial is trading at 8500 to 10,000 PKR.
Even during heightened regional tensions, the Iranian Rial demonstrated surprising resilience in Pakistani exchange markets.