The exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) on August 25, 2023, is recorded as Rs. 80.03. The aforementioned figure represents the interbank rate seen at the commencement of the current business day and is subject to variation contingent upon the prevailing demand for the respective foreign currency within the market.
It is advisable to refer to the State Bank of Pakistan (SBP) for the closing exchange rate between the Saudi Arabian Riyal (SAR) and the Pakistani Rupee (PKR) at the conclusion of the business day.
In contrast, it is commonly observed that the exchange rate between the Saudi Arabian Riyal (SAR) and the Pakistani Rupee (PKR) in the informal market tends to be slightly higher than the interbank rate offered by financial institutions when acquiring foreign currency from their clientele. Additionally, it is worth noting that all incoming remittances to customers’ bank accounts are credited based on interbank rates.
Saudi Riyal Rate in Pakistan (SAR to PKR) Today
On 25 August 2023, at the commencement of the working day, the exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) stood at Rs. 80.03. Nevertheless, the aforementioned item shall be supplemented with the concluding exchange rate between the Saudi Riyal and the Pakistani Rupee in the interbank market upon the conclusion of the day’s commercial activities.
Closing Interbank Rate
Furthermore, the table provided below presents the interbank exchange rate between the Saudi Riyal and the Pakistani Rupee in Pakistan on the day of 25 August 2023. It is important to note that this information is updated at the conclusion of the business day. Furthermore, the data also includes the valuation change (in Pakistani Rupees) relative to the preceding day.
SAR to PKR Exchange Rate in Pakistan Today
| Date | Exchange Rate | Change (PKR) |
|---|---|---|
| 25 August 2023 | Rs. 80.03 | – |
| 24 August 2023 | Rs. 80.03 |