As of September 25, 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate continues its trend of fluctuation, primarily driven by the ongoing economic dynamics in both countries. The Saudi Riyal holds a significant position in Pakistan’s foreign exchange market, owing to the strong bilateral ties between the two nations and the substantial Pakistani expatriate population residing in Saudi Arabia. This article aims to furnish you with the most recent exchange rates, alongside valuable insights into the performance of the Saudi Riyal in both the international and local markets.
Chart of SAR To PKR Rate Today 25 September 2024
Currency | Buying Rate (PKR) | Selling Rate (PKR) |
---|---|---|
1 SAR | 82.25 | 82.75 |
Disclaimer About Today’s Rate
Kindly note that the SAR to PKR exchange rates presented above are intended solely for informational purposes and are subject to change throughout the day. For the most precise and up-to-the-minute rates, we strongly recommend consulting your local exchange service provider or bank.
Thoughts on Saudi Riyal Rates
The Saudi Riyal remains one of the most stable currencies globally, underpinned by Saudi Arabia’s robust oil-based economy. For Pakistan, a considerable portion of foreign remittances originates from Saudi Arabia due to the large Pakistani expatriate community working there. Consequently, the SAR to PKR exchange rate holds significant implications for Pakistan’s foreign reserves and overall economic well-being. Given the current global economic climate, the Riyal has displayed stability against the Rupee, offering a dependable source of foreign currency.
Other Countries’ Rates (25 September 2024)
Country | Currency | Rate (PKR) |
---|---|---|
USA | 1 USD | 307.25 |
UAE | 1 AED | 83.50 |
UK | 1 GBP | 391.00 |
Eurozone | 1 EUR | 332.50 |
Canada | 1 CAD | 225.50 |
Australia | 1 AUD | 197.50 |
Japan | 1 JPY | 2.07 |
Qatar | 1 QAR | 84.00 |
Kuwait | 1 KWD | 995.00 |
Oman | 1 OMR | 796.00 |
Conclusion
As of September 25, 2024, the SAR to PKR exchange rate reflects the current economic situation between Pakistan and Saudi Arabia. While rates can fluctuate throughout the day, the general trend points towards a relatively stable exchange relationship. It remains advisable to closely monitor global market factors and domestic economic indicators, as these have the potential to influence future currency movements.