On 22nd September 2023, the exchange rate for Saudi Riyal to Pakistani Rupee stands at Rs. 77.78, as per the State Bank of Pakistan (SBP). This rate applies to interbank transactions and is determined at the day’s end.
It is worth noting that the open market rate tends to be slightly higher than the interbank rate used by banks for buying foreign currency. Remittances credited to customers’ bank accounts are based on interbank rates.
The SAR to PKR rate was Rs. 78.06 on 21st September 2023. Today, it has decreased by Rs. 0.28, resulting in a rate of Rs. 77.78 on 22nd September 2023. The State Bank of Pakistan (SBP) updates these rates at the close of each business day from Monday to Friday.
