SAR to PKR Rate Today: Latest Saudi Riyal to Pakistani Rupee Exchange Update
The Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate is very important for millions of Pakistanis, especially for those working in Saudi Arabia and sending money to their families back home. Today, the value of the Saudi Riyal against the Pakistani Rupee has shown only slight movement, but it continues to hold great importance in the financial market.
1 Saudi Riyal = 74.91 Pakistani Rupee
This is the current exchange rate in the market. The rate may vary slightly between the open market and the interbank market, depending on where you exchange or transfer your money.
Open Market Rates (Today)
- Buying: PKR 74.60
- Selling: PKR 75.10
In the open market, money exchangers offer these rates when you buy or sell Saudi Riyals in cash. These rates are mostly used by the general public.
Interbank Rates (Today)
- Buying: PKR 74.40
- Selling: PKR 74.80
The interbank rate is used for bank-to-bank transfers, trade payments, and official transactions. This rate is usually a little lower than the open market rate.
SAR to PKR Conversion
| Amount (SAR) | Converted (PKR) |
|---|---|
| 1 SAR | 74.91 PKR |
| 10 SAR | 749.10 PKR |
| 50 SAR | 3,745.50 PKR |
| 100 SAR | 7,491.00 PKR |
| 1,000 SAR | 74,910.00 PKR |
PKR to SAR Conversion
| Amount (PKR) | Converted (SAR) |
|---|---|
| 100 PKR | 1.33 SAR |
| 1,000 PKR | 13.35 SAR |
| 10,000 PKR | 133.49 SAR |
| 100,000 PKR | 1,334.90 SAR |
Why the Riyal Rate Matters
The SAR to PKR rate directly impacts the lives of overseas Pakistanis living in Saudi Arabia.
- When the rupee strengthens, households in Pakistan get hold of greater rupees via remittances.
- A weaker rupee increases the price of imported items, which include oil, electronics, and food gadgets.
- Businesses involved in import and export are also tormented by those price adjustments.
Other factors like global oil prices, foreign exchange reserves, inflation, and economic policies also influence the Riyal and Rupee relationship.
Conclusion
Today, the SAR to PKR price stands at 74.91 Pakistani Rupees for one Saudi Riyal. Since exchange rates can fluctuate numerous times throughout the day, it is always wise to check stay updates earlier than making any money trade or remittance. Staying informed enables individuals to manipulate their price range higher and make smarter decisions.