As of September 28, 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate continues to fluctuate due to ongoing economic developments in both countries. The Saudi Riyal holds significant importance in Pakistan’s foreign exchange market due to the strong ties between the two nations and the substantial Pakistani expatriate population working in Saudi Arabia. This article aims to provide you with the latest exchange rate information and offer insights into the performance of the Saudi Riyal in relation to the Pakistani Rupee.
Chart of SAR to PKR Rate Today 28 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 SAR | 82.40 | 82.90 |
Disclaimer About Today’s Rate
The SAR to PKR exchange rates provided above are intended solely for informational purposes and may vary throughout the day. For the most accurate and up-to-the-minute rates, it is highly advisable to 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 due to Saudi Arabia’s robust oil-based economy. For Pakistan, a significant portion of foreign remittances originates from Saudi Arabia, highlighting the critical role of the SAR to PKR exchange rate in Pakistan’s foreign reserves and overall economic well-being. Given the current global economic conditions, the Riyal continues to demonstrate stability against the Rupee, providing a reliable source of foreign currency for Pakistan.
Other Countries’ Rates (28 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 308.75 |
| UAE | 1 AED | 83.90 |
| UK | 1 GBP | 393.50 |
| Eurozone | 1 EUR | 335.00 |
| Canada | 1 CAD | 226.50 |
| Australia | 1 AUD | 198.50 |
| Japan | 1 JPY | 2.10 |
| Qatar | 1 QAR | 84.50 |
| Kuwait | 1 KWD | 1000.00 |
| Oman | 1 OMR | 800.00 |
Conclusion
As of September 28, 2024, the SAR to PKR exchange rate reflects the current economic dynamics between Pakistan and Saudi Arabia. While rates can fluctuate throughout the day, the overall trend indicates a relatively stable exchange relationship. It is crucial to monitor global market factors and local economic indicators, as these can influence future currency movements
