As of 11 September 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate stands steady amidst ongoing global economic factors. The SAR plays a crucial role in Pakistan’s economy due to remittances from Pakistani workers in Saudi Arabia. Monitoring the exchange rate between SAR and PKR is vital for those involved in remittances, trade, and financial planning between these two nations.
Chart of SAR To PKR Rate Today 11 September 2024
| Date | SAR to PKR Exchange Rate |
|---|---|
| 11 September 2024 | 81.30 PKR |
Disclaimer:
The Saudi Riyal to PKR exchange rate provided is based on data available for 11 September 2024. Currency rates fluctuate throughout the day depending on global financial markets. Please verify current rates before making any financial decisions.
Thoughts on Saudi Riyal Rates:
The SAR to PKR exchange rate remains a key factor for Pakistan’s economy, especially due to the significant remittances sent by overseas Pakistani workers in Saudi Arabia. A stable SAR helps those sending remittances get better returns for their families in Pakistan. Moreover, this rate impacts bilateral trade between the two nations, where Pakistan imports various goods from Saudi Arabia, including oil. With the PKR remaining relatively weaker, the exchange rate stability has provided some relief, though market watchers remain cautious.
Other 10 Countries’ Exchange Rates:
| Country | Currency | Exchange Rate to PKR |
|---|---|---|
| USA | USD | 304.75 PKR |
| UK | GBP | 380.25 PKR |
| UAE | AED | 82.94 PKR |
| Eurozone | EUR | 326.17 PKR |
| Canada | CAD | 227.88 PKR |
| Australia | AUD | 196.75 PKR |
| Japan | JPY | 2.08 PKR |
| China | CNY | 42.00 PKR |
| India | INR | 3.66 PKR |
| Switzerland | CHF | 339.54 PKR |
Conclusion:
The SAR to PKR exchange rate on 11 September 2024 remains steady, playing a vital role in remittances and trade between Saudi Arabia and Pakistan. Given the substantial Pakistani expatriate population in Saudi Arabia, any changes in the SAR rate directly affect household incomes and overall economic stability in Pakistan. For those closely engaged with SAR-PKR exchanges, staying updated on rates can lead to better financial outcomes.
