Expats lose money when they don’t understand the GBP to PKR exchange rate drivers — harsh truth. But you’re about to change it, read this article to convert GBP to PKR smarter. We’ll travel to the past and future, and explain what’s happening behind the exchange rate of GBP to PKR.
GBP to PKR exchange rate history
What affects currency rates
How to convert GBP to PKR
FAQ — GBP to PKR exchange rate
GBP to PKR exchange rate history
What we need for a smooth start is a quick overview of the GBP to PKR exchange rate history. In the last five years, the peaks were:
- Highest: 390.03 PKR
- Lowest: 206.896 PKR
According to the ExchangeRates, the average in the last five years was:
| Year | The average exchange rate of GBP to PKR |
|---|---|
| 2020 | 207.71 PKR |
| 2021 | 224.04 PKR |
| 2022 | 251.62 PKR |
| 2023 | 347.90 PKR |
| 2024 | 355.85 PKR |
| 2025 | 368.18 PKR |
The Pakistani rupee is weakening. We can clearly see the trend — with each year, you need to pay more and more rupees for 1 GBP. With other currencies, the pattern is similar. As WFP states, since January 2020 the Pakistani Rupee’s power has decreased by 45.60% relative to the US dollar. For people who live in Pakistan, this is not a positive pattern: the local economy is not strong enough for global markets, with all the consequences. But for those who live in the UK and send money back home, it means more rupees for each pound.
We can already draw conclusions here.
- GBP to PKR rates lower than 368.17 PKR are not for us. Think twice before exchanging money if you get such an offer.
- Rates near 390 PKR are beneficial; send money at them with confidence.
Remember that it all changes quickly. In 2026, 390 PKR may become the average, or, who knows, the old days will return and 207 PKR will be the standard. To monitor the currency fluctuations, check graphs and day-by-day currency breakdowns on these resources:
- Exchange-rates.org;
- Investing.com;
- Exchange-rates.org.uk.
How often do exchange rates between PKR and GBP change? Multiple times a day. You can be distracted for a minute, then look back and see the different numbers. For the analysis and GBP to PKR future trend predictions, you can compare the GBP to PKR exchange rate daily/weekly/monthly/yearly. All the data is available online.
GBP to PKR open market
When you exchange via online service, forex bureaus, or commercial banks, they offer you the GBP to PKR open market rate. It’s not the same as the interbank one and depends on the real demand of everyone who is interested in buying the currency.
The GBP to PKR open market rate can be lower or higher than what central banks set. Each company makes its own proposal based on its needs and customers’ expectations. That’s why when you compare rates on different websites, they are non-identical.
Further reading:
- 5 mistakes to avoid when sending money from the UK to Pakistan.
- Wise, Xe, Profee: Uncover the best UK pounds to Pakistani rupees exchange rates.
- Dual-currency countries: What expats need to know about FX fees.
- GBP to PKR: How to choose the best exchange rate in 2025.
- Best credit cards to use in Europe: Top 6 UK picks.
What affects currency rates
One morning, you wake up, read the news and think, 'Oh my God, what's happening?'. This ‘what’s happening’ moment may actually affect the GBP to PKR exchange rate. Here are five things you should be updated on when making GBP to PKR transfers.
Inflation
One of the key economic indicators that you feel in real life. There's a strong interconnection between the price rise and the GBP to PKR exchange rate. Imagine you’re an investor. You are exploring various options for where to put your money in, and see that the purchasing power in Pakistan is falling quickly. For example, you came across this research conducted by the World Bank Group stating that, despite recovery, Pakistani GDP stays below low. Will you invest in this country? Probably not, as there are more stable options, such as the GBP market. Many real investors think like that, and it puts pressure on the rupee.
💡A lesson to learn: Higher inflation → weaker currency.
Interest rates and Central bank policies
The Bank of England (BoE) and the State Bank of Pakistan (SBP) (and any other central bank) are like masterminds, and everyone is waiting for their decisions. For example, they set high or low interest rates.
- Higher UK interest rates can attract foreign capital, increasing GBP demand.
- Higher Pakistani rates may slow PKR depreciation, but the effect is limited due to the economic instability.
💡What you can do with this information: GBP to PKR traders often track the difference between the Pakistani and British interest rates. Let’s imagine the BoE increases the rates, while the SBP keeps it stable. The pound will strengthen compared to the rupee, and we already know what it means — more rupees for the seller. So, read the news to convert GBP to PKR cost-effectively.
Political events
Most of us love stability, so do currencies.
Take the Brexit effect as an example. Experts believe that the UK economy is only starting to recover from the fall it experienced in 2016. If in 2015 you could buy 157.03 PKR per GBP on average, in 2017 it was already 135.74 PKR — a significant difference.
The same goes for Pakistan; any political event affects the exchange rate of GBP to PKR. When you can smell something huge is coming, maybe it’s time to convert GBP to PKR in advance. Or wait.
💡What to remember: When political upheavals happen, don’t act emotionally. Try to predict the GBP to PKR future trend and talk to experts.
Global commodity prices
Pakistan imports oil and other commodities a lot, which means that global oil prices and the PKR are connected. When the prices go up, Pakistan needs to pay more → PKR weakens → more PKR per GBP. It may be a great moment to convert GBP to PKR.
Expectations
Sometimes what people think is more important than the reality. Investment sentiment (news headlines, speculations, predictions) can cause GBP/PKR spikes or dips. To guess GBP to PKR future trends, it’s sometimes enough to read what people discuss. But don’t follow the crowd blindly, make your own conclusions.
How to convert GBP to PKR
From theory to practice, let us share how you can send GBP to PKR online at beneficial rates. Use Profee, your service for smooth transfers. Why it’ll fit you:
GBP to PKR exchange rate history
You can check recent fluctuations and predict the GBP to PKR future trends right in the app or on the website.
Unmatched rates
Profee’s GBP to PKR rates are among the best on the open market. As of August 15th, you can receive 387.52 PKR (special rate) for 1 GBP, which is close to the interbank maximum in 2025 (390.03 as of July 1st).
The service constantly monitors the PKR and GBP markets to please you with sweet offers. You can ignore this opportunity, but do you really want to miss a great deal?
Alerts
When the GBP to PKR exchange rate reaches its peak, Profee will send a notification, so you can transfer money at the right moment.
Security
Profee has an official licence and protects your money and data at every step of the transfer. You can read more about how we keep international remittance secure here.
Simplicity
Diving into the complexities of PKR and GBP markets can be tiring, but sending money with Profee is not. Do it in minutes from home just with a phone in your hands.
Gift for our readers: a promo code READPROMO for a 0% fee transfer. Use it until September 30th, 2025.
FAQ — GBP to PKR exchange rate
What is the highest ever GBP to PKR?
As of July 1st, the highest peak was 390.03 PKR per 1 GBP.
Is Pakistan's currency weak?
Currently, the Pakistani rupee is experiencing a steady decline due to inflation and economic instability.
How much money can I send to Pakistan from the UK?
There are no official limits. However, banks and transfer partners can set limitations on certain currencies. Contact them directly for clarification.
Why is the British pound so strong?
It’s the result of the complex system of factors. The Bank of England (BoE) was and still is an important player in international economic development. On top of that, the UK itself is a financial centre with strong stock markets and investment opportunities.
How often do exchange rates between PKR and GBP change?
They can change several times a day.
What is the best app to send money from the UK to Pakistan?
Profee is one of the best apps for transferring funds to Pakistan. It offers beneficial rates, convenience and speed and is trusted by over 800,000 customers worldwide.
