Monday, October 2, 2023

Massive Decline in Saudi Riyal Value Against Pakistani Rupee in Open Market, Here’s Today Rate

The interbank Exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) remains stable, with today’s rate set at PKR 76.25 per SAR. The State Bank of Pakistan officially sets this rate, and it serves as a benchmark for financial institutions. However, it is important to note that buying and selling rates may differ in the currency exchange or open market.

Interbank Exchange Rates

In the interbank market, the exchange rate for SAR to PKR remains stable, with today’s buying rate at PKR 76.10 and the selling rate at PKR 76.25.

03 Jul 2376.1076.25

Open Market Rates

In the open market, the buying and selling rates for SAR to PKR show slight variations compared to the interbank rates. As of today, the buying rate stands at PKR 74.25, while the selling rate is PKR 75.00.

03 Jul 2374.2575.00

Weekly & Monthly Fluctuations

Over the past week, the SAR to PKR conversion rate has witnessed stability, with no significant changes. However, during the last 30 days, there have been fluctuations. The highest conversion rate reached PKR 76.78, while the lowest recorded rate was PKR 76.16.

Last 30 days76.7876.1676.45
Last 90 days78.1075.5576.16

Despite these fluctuations, the overall trend shows a relatively stable exchange rate between the Saudi Riyal and the Pakistani Rupee.

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