Today on 31 May 2023 Saudi Riyal rate in Pakistan (SAR to PKR) is Rs 75.14. The State Bank of Pakistan (SBP) provided the closing exchange rate at the end of the business day.
The State Bank of Pakistan (SBP) publishes the closing interbank rate for Saudi Riyal (SAR) to Pakistani Rupee (PKR) at the final hour of the business day (Monday to Friday).
Meanwhile, the open market SAR to PKR rate is often somewhat higher than the interbank rate supplied by banks when getting foreign currency from consumers. It is also worth noting that all incoming payments to customers’ bank accounts are credited at interbank rates.
Saudi Riyal Rate in Pakistan (SAR to PKR) Today
On May 31, 2023, the open market buying rate for one Saudi Riyal (SAR) in Pakistani Rupees (PKR) was Rs Rs 75.14, while the selling rate was Rs 81.50.
PKR to SAR – These prices are updated as of 8:00 a.m. Pakistan Standard Time (PST) will continue to change based on market conditions and foreign currency demand.
SAR to PKR Exchange Rate in Pakistan Today
The purchasing rate represents the rate at which an exchange business or bank purchases foreign currency from a client, whereas the selling rate represents the rate at that an exchange company or bank sells international currency to a customer.
The SAR/PKR exchange rate is determined by open market prices and market forces based on foreign currency demand.
DISCLAIMER: We provide daily updates for AED to PKR, SAR to PKR, GBP to PKR, EUR to PKR, and USD to PKR exchange rates regularly. Readers should be aware that currency rates can fluctuate regularly due to several reasons such as supply and demand, financial conditions, and geopolitical events. So, it is always prudent to confirm current exchange rates before engaging in any financial transactions using foreign currency.