As of September 21, 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate continues to be influenced by the economic conditions in both countries. The strong ties between Saudi Arabia and Pakistan, particularly due to the substantial Pakistani workforce in Saudi Arabia, make the SAR to PKR rate a significant factor in Pakistan’s foreign exchange market. This article presents the latest rate along with some observations on the Saudi Riyal’s current performance.
Chart of SAR To PKR Rate Today 21 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 SAR | 80.25 | 80.75 |
Disclaimer About Today’s Rate
Please be advised that the SAR to PKR exchange rates provided here are for informational purposes only. Rates can fluctuate throughout the day. For the most accurate and up-to-date figures, consult your bank or a trusted local exchange service.
Thoughts on Saudi Riyal Rates
The Saudi Riyal maintains its reputation as a stable currency on the global stage, backed by Saudi Arabia’s robust oil-based economy. Pakistan, with a significant number of its citizens working in Saudi Arabia, receives a large portion of its foreign remittances in Riyals. Hence, the SAR to PKR exchange rate has a direct impact on Pakistan’s foreign reserves and economic stability. Amidst the current global economic uncertainties, the Riyal has displayed consistent strength against the Rupee, offering a dependable source of foreign exchange.
Other Countries’ Rates (21 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 306.50 |
| UAE | 1 AED | 83.25 |
| UK | 1 GBP | 391.00 |
| Eurozone | 1 EUR | 331.50 |
| Canada | 1 CAD | 224.00 |
| Australia | 1 AUD | 197.25 |
| Japan | 1 JPY | 2.06 |
| Qatar | 1 QAR | 83.75 |
| Kuwait | 1 KWD | 992.00 |
| Oman | 1 OMR | 794.00 |
Conclusion
Today’s SAR to PKR exchange rate reflects the current economic relationship between Pakistan and Saudi Arabia. Though rates can fluctuate throughout the day, the general trend suggests a stable exchange. Stay informed about global market developments and domestic economic indicators as these can affect future currency valuations.
