Understanding the exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) is crucial for individuals and businesses engaged in trade, travel, or remittances between Saudi Arabia and Pakistan. This article, titled “Saudi Riyal to Pakistani Rupee Exchange Rate: An In-Depth Analysis,” delves into the historical trends, key factors influencing the exchange rate, and provides tools for effective currency conversion. By gaining a comprehensive understanding of these aspects, stakeholders can make informed decisions and navigate the financial landscape more effectively.
As of February 4, 2025, the exchange rate between the Saudi Arabian Riyal (SAR) and the Pakistani Rupee (PKR) stands at approximately 1 SAR = 74.47 PKR.
Historical Exchange Rate Trends
Over the past few months, the SAR to PKR exchange rate has exhibited minor fluctuations. For instance, on December 17, 2024, the buying rate was recorded at Rs 73.95, with a selling rate of Rs 74.25.
By December 19, 2024, these rates slightly adjusted to a buying rate of Rs 73.94 and a selling rate of Rs 74.08. The highest rate observed during this period was 74.93 PKR per SAR on February 2, 2025, while the lowest was 74.13 PKR per SAR on January 31, 2025.
Key Factors Influencing the SAR to PKR Exchange Rate
Several factors play a crucial role in determining the SAR to PKR exchange rate:
- Economic Stability: A steady economy in both Saudi Arabia and Pakistan helps maintain stable rates.
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- Oil Prices: As a major oil exporter, fluctuations in oil prices can indirectly impact the Saudi Riyal’s value.
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- Demand and Supply: Increased demand for the Riyal during Hajj and Umrah seasons can affect the exchange rate.
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- Foreign Exchange Reserves: Pakistan’s foreign exchange reserves influence the overall forex rate stability, impacting the SAR to PKR rates.
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Tools for Monitoring Exchange Rates
For individuals and businesses looking to monitor or convert SAR to PKR, several online platforms offer real-time exchange rates and historical data:
- XE Currency Converter: Provides live currency conversion rates and historical data.
- Trading Economics: Offers live exchange rate charts and historical data for the SAR/PKR currency pair.
Considerations for Currency Conversion
When planning currency conversions, it’s essential to:
- Monitor Exchange Rate Trends: Stay updated with the latest exchange rate movements to make informed decisions.
- Be Aware of Transaction Fees: Different financial institutions and money transfer services may charge varying fees, which can affect the total amount received.
- Understand Market Volatility: Exchange rates can fluctuate due to geopolitical events, economic data releases, and other factors.
Conclusion:
As of early February 2025, the Saudi Riyal to Pakistani Rupee exchange rate is approximately 1 SAR = 74.47 PKR. While the exchange rate has experienced minor fluctuations over the past few months, it remains relatively stable. By staying informed through reliable online resources and understanding the factors influencing the exchange rate, individuals and businesses can make well-informed currency conversion decisions. For a comprehensive understanding, refer to our article titled “Saudi Riyal to Pakistani Rupee Exchange Rate: An In-Depth Analysis.
