As of 9 September 2024, the Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate continues to fluctuate due to ongoing economic dynamics in both countries. The Saudi Riyal holds significance in Pakistan’s foreign exchange market due to the strong ties between both nations. This article provides an up-to-date rate along with insights on the Saudi Riyal’s performance in the international and local markets.
Chart of SAR To PKR Rate Today 9 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 SAR | 79.50 | 80.00 |
Disclaimer About Today’s Rate
The SAR to PKR exchange rates listed above are for informational purposes only and may fluctuate during the day. Please consult your local exchange service provider or bank for the most accurate and up-to-date rates.
Thoughts on Saudi Riyal Rates
The Saudi Riyal remains one of the most stable currencies globally, owing to Saudi Arabia’s strong oil-based economy. For Pakistan, a large portion of foreign remittances comes from Saudi Arabia due to the substantial Pakistani expatriate population. As a result, the SAR to PKR exchange rate plays a vital role in Pakistan’s foreign reserves and overall economy. Given the current global economic conditions, the Riyal continues to demonstrate stability against the Rupee, providing a reliable source of foreign currency.
Other Countries’ Rates (9 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 305.00 |
| UAE | 1 AED | 83.00 |
| UK | 1 GBP | 389.50 |
| Eurozone | 1 EUR | 330.00 |
| Canada | 1 CAD | 223.00 |
| Australia | 1 AUD | 196.50 |
| Japan | 1 JPY | 2.05 |
| Qatar | 1 QAR | 83.50 |
| Kuwait | 1 KWD | 990.00 |
| Oman | 1 OMR | 792.00 |
Conclusion
As of 9 September 2024, the SAR to PKR exchange rate reflects the current economic situation between Pakistan and Saudi Arabia. While rates can vary throughout the day, the overall trend suggests a relatively stable exchange relationship. Keep a close eye on global market factors and local economic indicators as they could influence future currency movements.
