Average Foreign Exchange Manager Salary in Pakistan for 2026
A foreign exchange manager in Pakistan earns about 1,606,100 PKR a year. That's 63% above the national average of 983,100 PKR.
Pay ranges widely from country to country and from role to role. The lowest reported salaries in Pakistan sit around 807,900 PKR a year, while the very top stretches to 2,495,600 PKR. Everything on this page is in Pakistani rupee (PKR, symbol ₨), which lets you compare numbers like-for-like without worrying about exchange rates.
The numbers here are pulled together from official government wage data, large independent salary surveys, and aggregated worker-reported pay. Most reported salaries include the benefits that are common in Pakistan, such as housing or transport allowances, which is worth keeping in mind if you're comparing against a country where those are usually paid on top.
How much does a foreign exchange manager make in Pakistan?
A typical foreign exchange manager working in Pakistan brings home around 133,841 PKR a month before tax. Entry-level pay starts near 807,900 PKR, and the top of the ladder reaches roughly 2,495,600 PKR for the most experienced and specialised people in the role.
The wide gap between low end and top end reflects how much pay can vary inside the same job title. A junior foreign exchange manager working at a small local employer earns very different money from a senior at a multinational. Skills, employer, city and years in the seat all push the number around.
How foreign exchange manager pay ranges in Pakistan
A good way to think about salary in Pakistan is to look at the distribution rather than the headline average. Half of all foreign exchange managers in Pakistan earn less than 1,606,100 PKR a year, and the other half earn more. That middle number is the median, and it is usually more useful than the average for answering "is my pay normal here".
Looking at the quartiles fills in the picture. A quarter of earners take home less than 1,088,800 PKR (the 25th percentile), and a quarter clear 2,052,200 PKR (the 75th percentile). The middle 50% of foreign exchange managers sit somewhere inside that band, which is where the typical reader of this page probably lives.
The very lowest reported salaries sit around 807,900 PKR. The highest stretch to 2,495,600 PKR, though only a small fraction of earners ever reach that level. If you are deciding whether your own offer or current pay is reasonable, work out which of those four bands you would fall into and use that as your reference point.
Foreign exchange manager pay by experience in Pakistan
Years of experience is the single biggest lever on pay for a foreign exchange manager in Pakistan, ahead of education and almost any other single factor. The longer you have been in the role, the more your employer can trust you to handle complexity, mentor others and act independently, all of which command higher pay. The chart below shows how the typical foreign exchange manager salary changes as you move through the career ladder.
- 0-2 Years966,100 PKR
- 2-5 Years+33% from previous1,283,600 PKR
- 5-10 Years+34% from previous1,716,600 PKR
- 10-15 Years+19% from previous2,038,500 PKR
- 15-20 Years+8% from previous2,197,700 PKR
- 20+ Years+7% from previous2,362,300 PKR
The single largest jump on the ladder is from 2 - 5 Years to 5 - 10 Years, where pay rises by about 34%. That is the point at which a foreign exchange manager typically goes from "competent in the role" to "the person other people in the team learn from", and the market pays well for that step.
Foreign exchange manager pay by education in Pakistan
Education sits alongside experience as one of the biggest factors driving foreign exchange manager pay in Pakistan. Higher qualifications consistently pull higher salaries, but the size of the gap tends to be smallest at junior levels and widens as people move up. Two people in the same role with the same years of experience but different degrees can end up earning very different money once they reach mid-career.
Below is the average foreign exchange manager salary in Pakistan broken down by the highest level of education a worker has completed.
- Bachelor's Degree1,380,400 PKR
- Master's Degree+57% from previous2,173,000 PKR
Foreign exchange manager gender pay gap in Pakistan
The gender pay gap is a stubborn feature of almost every labour market, and Pakistan is no exception. Male foreign exchange managers in Pakistan earn an average of 1,655,500 PKR a year, while female foreign exchange managers earn around 1,547,500 PKR. That works out to a 7% gap in favour of men, even when comparing people doing the same work.
A pay gap of this size has a real long-term cost. Over a typical thirty-year career it can add up to several years of pay, and it compounds through pensions, retirement contributions and bonus-linked stock. Some of the gap is explained by women being more likely to work part-time, take career breaks, or be steered toward lower-paying specialisations. Some of it is straightforward unequal pay for the same job, which is harder to defend.
Foreign Exchange Manager gender pay gap
7%
Men earn this much more than women on average in Pakistan.
Pay raises for a foreign exchange manager in Pakistan
Most countries hand out at least some kind of pay raise every year, typically when an employee's contract is reviewed or as a cost-of-living adjustment to keep wages roughly in step with inflation. The rhythm and size of those raises varies hugely between industries.
A typical worker doing this role in Pakistan sees a raise of about 13% every 19 months, which works out to roughly 8% on an annual basis. That figure is the typical underlying rate; in years where inflation runs high you can usually expect a bit more, and in flat-economy years a bit less.
Across all jobs in Pakistan, the national average raise is around 8% every 19 months.
By industry
Industries with the highest pay raises in Pakistan:
- Banking2%
- Energy
- Information Technology
- Healthcare
- Travel1%
- Construction
- Education
By experience level
Experienced workers tend to see larger raises. Retaining a senior is cheaper than replacing them, so employers fight harder for them.
- Junior Level3% - 5%
- Mid-Career
- Senior Level
- Top Management
Foreign exchange manager bonus rates in Pakistan
Bonuses are the other half of total compensation, and they vary a lot between jobs and industries. Some roles are paid almost entirely in base salary; others lean heavily on bonus structures tied to revenue, project completion or company performance. Whether a job pays a bonus, how big it is, and how often it lands all factor into whether the headline salary is actually a good offer.
78% of foreign exchange managers in Pakistan reported a bonus of some kind in the past twelve months. That makes a foreign exchange manager a high-bonus role overall, which is useful context when you're weighing up a job offer where the base is below market.
Among those who did receive a bonus, the size of the payment varied substantially. Reported bonuses ranged from 5% to 8% of base salary. The remaining 22% of foreign exchange managers reported no bonus at all over the same period.
Which careers pay bonuses in Pakistan
Revenue-facing roles tend to pay the biggest bonuses. Operational and support roles tend toward smaller, more predictable ones.
- Finance
- Architecture
- Sales
- Business Development
- Marketing / Advertising
- Information Technology
- Healthcare
- Insurance
- Customer Service
- Human Resources
- Construction
- Transport
- Hospitality
Foreign exchange manager: public vs private sector pay
Public-sector pay in Pakistan is about 12% more than private-sector pay for similar work. The private sector typically offers stronger upside and bigger bonuses; the public sector typically offers better benefits and stability.
Public vs private pay gap
11%
Public-sector workers earn this much more than private-sector workers in Pakistan on average.
Foreign exchange manager salary by city in Pakistan
Foreign exchange manager pay is not even across Pakistan. The chart below shows the highest-paying cities in the dataset, followed by the full location table.
- Karachi
- Gujranwala
- Peshawar
- Faisalabad
- Lahore
- Rawalpindi
- Multan
- Hyderabad
- Islamabad
- Bahawalpur
| Location | Type | Average | Median | Range |
|---|---|---|---|---|
| Karachi | City | 1,800,200 PKR | 1,800,200 PKR | 899,200-2,782,600 PKR |
| Gujranwala | City | 1,645,600 PKR | 1,547,500 PKR | 870,700-2,495,600 PKR |
| Peshawar | City | 1,632,100 PKR | 1,765,300 PKR | 751,700-2,605,500 PKR |
| Faisalabad | City | 1,621,400 PKR | 1,487,200 PKR | 870,700-2,435,600 PKR |
| Lahore | City | 1,621,400 PKR | 1,560,800 PKR | 843,600-2,485,800 PKR |
| Rawalpindi | City | 1,606,100 PKR | 1,703,200 PKR | 754,900-2,543,000 PKR |
| Multan | City | 1,537,500 PKR | 1,570,900 PKR | 752,600-2,401,300 PKR |
| Hyderabad | City | 1,524,300 PKR | 1,500,800 PKR | 778,900-2,352,500 PKR |
| Islamabad | City | 1,428,800 PKR | 1,428,800 PKR | 718,000-2,221,600 PKR |
| Bahawalpur | City | 1,428,800 PKR | 1,510,400 PKR | 674,100-2,266,400 PKR |
| Quetta | City | 1,380,400 PKR | 1,440,700 PKR | 663,100-2,173,000 PKR |
| Sargodha | City | 1,357,900 PKR | 1,306,100 PKR | 707,700-2,086,500 PKR |
| Sialkot | City | 1,357,900 PKR | 1,249,900 PKR | 728,500-2,038,500 PKR |
Foreign Exchange Manager in Pakistan: FAQs
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How much does a foreign exchange manager make per month in Pakistan?
A foreign exchange manager in Pakistan earns about 133,841 PKR a month before tax, based on an annual average of 1,606,100 PKR.
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What's the salary range for a foreign exchange manager in Pakistan?
Entry-level foreign exchange managers in Pakistan start near 807,900 PKR. Top-end pay reaches around 2,495,600 PKR. The middle 50% of earners sit between 1,088,800 and 2,052,200 PKR.
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Is the median foreign exchange manager salary in Pakistan higher or lower than the average?
The median is 1,606,100 PKR, higher than the average of 1,606,100 PKR. Half of foreign exchange managers in Pakistan earn below the median, half earn above it.
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What's the gender pay gap for foreign exchange managers in Pakistan?
Men working as a foreign exchange manager in Pakistan earn around 7% more than women on average (1,655,500 vs 1,547,500 PKR a year).
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Do foreign exchange managers in Pakistan get bonuses?
About 78% of foreign exchange managers in Pakistan reported a bonus in the past 12 months. Reported bonuses ranged from 5% to 8% of base salary.
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Do foreign exchange managers earn more in the public or private sector in Pakistan?
In Pakistan, the public sector pays a foreign exchange manager about 12% more on average. Public-sector pay tends to be steadier; private-sector pay tends to offer bigger upside.
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How often do foreign exchange managers in Pakistan get a pay raise?
A foreign exchange manager in Pakistan sees a raise of around 13% every 19 months, equivalent to roughly 8% a year.