As of September 26, 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate continues to be a subject of keen interest, driven by the dynamic economic conditions present in both countries. The Saudi Riyal holds a significant position in Pakistan’s foreign exchange market, primarily due to the strong ties between the two nations and the substantial flow of remittances from Saudi Arabia to Pakistan. This article aims to furnish you with the most up-to-date exchange rate and offer insights into the performance of the Saudi Riyal in both the international and local contexts.
Chart of SAR To PKR Rate Today 26 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 SAR | 74.08 | 74.08 |
Disclaimer About Today’s Rate
Please be advised that the SAR to PKR exchange rates listed above are for informational purposes only. These rates can fluctuate throughout the day. For the most accurate and real-time rates, we strongly recommend that you consult your local exchange service provider or bank.
Thoughts on Saudi Riyal Rates
The Saudi Riyal maintains its reputation as one of the most stable currencies globally, primarily underpinned by Saudi Arabia’s robust oil-based economy. For Pakistan, a considerable portion of foreign remittances originates from Saudi Arabia due to the sizable Pakistani expatriate community residing there. Consequently, the SAR to PKR exchange rate wields substantial influence over Pakistan’s foreign reserves and the broader economy. Given the prevailing global economic conditions, the Riyal continues to exhibit stability against the Rupee, offering a dependable source of foreign currency.
Other Countries’ Rates (26 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 308.00 |
| UAE | 1 AED | 83.75 |
| UK | 1 GBP | 392.50 |
| Eurozone | 1 EUR | 334.00 |
| Canada | 1 CAD | 226.00 |
| Australia | 1 AUD | 198.00 |
| Japan | 1 JPY | 2.08 |
| Qatar | 1 QAR | 84.25 |
| Kuwait | 1 KWD | 998.00 |
| Oman | 1 OMR | 798.00 |
Conclusion
As of September 26, 2024, the SAR to PKR exchange rate serves as a reflection of the current economic landscape between Pakistan and Saudi Arabia. While it’s important to acknowledge that rates can experience intraday variations, the general trajectory points toward a relatively stable exchange relationship. It is advisable to remain attentive to global market factors and local economic indicators as they possess the potential to shape future currency movements.
