The Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate is a crucial financial indicator for individuals and businesses involved in trade or remittances between Saudi Arabia and Pakistan. As of September 30, 2024, one Saudi Riyal is trading at approximately PKR 80.
Chart: SAR To PKR Rate Today 30 September 2024
| Date | Rate (SAR to PKR) |
|---|---|
| 30 September 2024 | 80 (approx.) |
Disclaimer:
Exchange rates fluctuate throughout the day. The provided information is an approximation as of September 30, 2024. For the most current and precise rates, consult a financial institution or a reliable online currency converter.
Thoughts on Saudi Riyal Rates
The Saudi Riyal’s stability is largely attributed to Saudi Arabia’s oil-dominant economy and its peg to the US dollar. Although it is considered a reliable currency, fluctuations in oil prices and global economic events can impact its value against the PKR. It is recommended for those dealing with SAR to stay informed about these factors.
Other Popular Currency Rates in Pakistan
| Currency | Rate (1 Unit to PKR) |
|---|---|
| US Dollar (USD) | 300 (approx.) |
| Euro (EUR) | 327 (approx.) |
| British Pound (GBP) | 374 (approx.) |
| UAE Dirham (AED) | 82.50 (approx.) |
| Kuwaiti Dinar (KWD) | 985 (approx.) |
| Japanese Yen (JPY) | 2.05 (approx.) |
| Chinese Yuan (CNY) | 41.50 (approx.) |
| Indian Rupee (INR) | 3.50 (approx.) |
| Canadian Dollar (CAD) | 223 (approx.) |
| Australian Dollar (AUD) | 196 (approx.) |
Conclusion
The SAR to PKR exchange rate is of particular importance for Pakistani expatriates in Saudi Arabia and their families back home. Understanding the dynamics of this rate empowers individuals to make informed financial decisions about remittances and investments. Staying up-to-date with market trends is crucial for navigating these cross-border transactions effectively.
