Saudi Riyal Pakistani Rupee Rate 2025 Reaches 74.71
The current exchange rate of 74.71 PKR per SAR is crucial for trade and remittances between Pakistan and Saudi Arabia, with Pakistan receiving a significant amount of remittances from Saudi Arabia, and the rate is expected to be influenced by economic conditions, market sentiments, and remittances.
The Saudi Riyal to Pakistani Rupee exchange rate has shown slight fluctuations, with the current rate standing at 74.71 PKR per SAR, as of March 24, 2025, providing a sense of stability for Pakistani expatriates in Saudi Arabia.
The exchange rate is influenced by various factors, including economic conditions, market sentiments, and remittances. Pakistan received a significant amount of $3.1 billion in remittances from overseas workers in February 2025, with a notable $744.4 million sent from Saudi Arabia, marking a 2.21% monthly increase and 37.88% yearly increase.
The Qatari Riyal, pegged to the US Dollar, has a relatively stable value, but its exchange rate with the PKR depends on the PKR's performance against the USD. The Saudi Riyal, being the official currency of the Kingdom of Saudi Arabia, is subdivided into 100 halalas, and its exchange rate with the PKR is crucial for trade and remittances between the two countries.
The bilateral ties between Pakistan and Saudi Arabia continue to strengthen, with a commitment to enhancing cooperation in defense and security. This cooperation is expected to have a positive impact on the economic relations between the two countries, including the exchange rate of the Saudi Riyal and Pakistani Rupee.
In conclusion, the Saudi Riyal to Pakistani Rupee exchange rate has stabilized, providing a sense of relief for Pakistani expatriates in Saudi Arabia. The rate is expected to fluctuate based on various economic factors, but the strengthening bilateral ties between the two countries are likely to have a positive impact on the exchange rate.