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Is Your Bank Offering a Fair Rate?

Enter your document details and the rate your bank offered today. See instantly if it is fair against the SBP official benchmark.

Spot / Ready Rate Check
Document face value in USD
Rate your bank quoted today
SBP Official Benchmark (Interbank Bid)
Your Bank Offered
Difference per USD
PKR Impact — This Document

Forward / Usance Rate Check

Using Interest Rate Parity (IRP), ExportIQ calculates what your bank should fairly offer at each tenor. Enter your bank's quoted rate to see the hidden margin.

Document Value
💡
Enter your bank's FBP rate in the blue column. Leave blank for tenors that do not apply to your document.
IRP Fair Rate vs Your Bank
TenorIRP Fair RateYour Bank's RateMargin / USDLoss on Your Doc
Formula: Fair Rate = SBP Bid × (1 + KIBOR × days÷365) ÷ (1 + SOFR × days÷365)
Any rate below the IRP Fair Rate is the bank's hidden profit margin on your transaction.

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Today's market intelligence, ready to send. Rates updated automatically every morning from official SBP and NBP sources.

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