USDT · USD / PKR
USDT vs the open market dollar today
At 04:51, 15 Oct 2026 (PKT), the open market dollar sells at Rs 280.30 and buys at Rs 277.60 (source: forex.com.pk).
The cheapest USDT on P2P, Rs 285.40 (Binance P2P), is 1.82% more expensive than the open market dollar.
The USD/PKR mid-market sells at Rs 277.05, so the open market dollar is +1.17% compared with the bank.
01Compare
USDT, open market dollar and the bank rate
| Rate | Buy 1 USD/USDT | Sell 1 USD/USDT |
|---|---|---|
| USDT on P2Pcheapest buy: Binance · best sell: Binance | 285.40 | 284.30 |
| Open market USDforex.com.pk · 04:51, 15 Oct 2026 (PKT) | 280.30 | 277.60 |
| USD/PKR mid-marketofficial rate | 277.05 Mid-market | |
Open market rate from forex.com.pk
02Trend
30 days: USDT, open market dollar and the bank rate
03Why
Why are these three rates different?
- The interbank rate is what banks trade at among themselves; ordinary people can't buy dollars at that rate.
- The open market rate is the cash dollar rate at exchange companies and usually sits a little above interbank.
- P2P USDT is a "digital dollar" bought by bank or wallet transfer. Its price carries a convenience and demand premium, so it often sits above the open market rate too.
In Pakistan, buy cash dollars only from licensed exchange companies and banks. coinglee shows these rates for reference only.
04FAQ
USDT to PKR: frequently asked questions
USDT vs the open market dollar today
At 04:51, 15 Oct 2026 (PKT), the open market dollar sells at Rs 280.30 and buys at Rs 277.60 (source: forex.com.pk). The cheapest USDT on P2P, Rs 285.40 (Binance P2P), is 1.82% more expensive than the open market dollar.
Is the USDT price the same as the open market dollar rate?
No. USDT is usually a few rupees above the open market dollar, because it can be bought online instantly and sent anywhere. The table above shows the current gap.
What is the difference between the open market and interbank rates?
The interbank rate is for transactions between banks; the open market rate is what exchange companies charge the public for cash dollars.
Where does coinglee get the open market rate?
From the public page at forex.com.pk, refreshed about every 30 minutes. It is a reference rate, not an official one.
Referral link: coinglee may earn a commission from the exchange. Your price doesn't change.
Crypto-assets are volatile and you can lose money. No exchange holds a full PVARA licence yet; trade only what you can afford to lose.
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A PKR price digest three times a day, plus alerts when the price moves sharply.