Islamabad, Feb 5: of February 5, 2025, the exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) as exhibited notable stability throughout the year. This consistency is particularly significant for Pakistani expatriates in Saudi Arabia who rely on remittances, as well as for businesses engaged in cross-border trade.
The Saudi Riyal selling rate saw no change against the Pakistani Rupee (PKR). As per details, the selling price of the Saudi Riyal was recorded at Rs74.57.
Recent Exchange Rates
Throughout January 2025, the SAR to PKR exchange rate remained relatively constant. On January 24, 2025, the buying rate was recorded at Rs74.06, with the selling rate at Rs74.20. Similarly, on January 15, 2025, the exchange rate stood at Rs74.05 in the open market, with the selling rate at Rs74.6.
Historical Exchange Rates for January 2025
The following table summarizes the SAR to PKR exchange rates for January 2025:
| Date | Exchange Rate (Buying) | Exchange Rate (Selling) |
| January 1, 2025 | Rs74.15 | N/A |
| January 2, 2025 | Rs74.20 | N/A |
| January 3, 2025 | Rs74.17 | N/A |
| January 4, 2025 | Rs74.03 | N/A |
| January 5, 2025 | Rs74.04 | N/A |
| January 6, 2025 | Rs74.24 | N/A |
| January 7, 2025 | Rs74.22 | Rs74.35 |
| January 8, 2025 | Rs74.26 | Rs74.35 |
| January 9, 2025 | Rs74.28 | N/A |
| January 10, 2025 | Rs74.18 | Rs74.35 |
| January 11, 2025 | Rs74.52 | N/A |
| January 12, 2025 | Rs74.55 | N/A |
| January 13, 2025 | Rs74.24 | N/A |
| January 14, 2025 | Rs74.28 | Rs74.35 |
| January 15, 2025 | Rs74.25 | Rs74.6 |
| January 16, 2025 | Rs74.33 | N/A |
| January 17, 2025 | Rs74.30 | N/A |
| January 18, 2025 | Rs74.28 | N/A |
Factors Influencing the Exchange Rate
Several factors contribute to the stability of the SAR to PKR exchange rate:
Economic Policies: Monetary policies in both Saudi Arabia and Pakistan play a crucial role in maintaining exchange rate stability.
Oil Prices: Saudi Arabia’s economy is heavily influenced by oil revenues, which can impact the SAR’s value against other currencies.
Remittances: The consistent flow of remittances from Pakistani expatriates in Saudi Arabia supports the demand for the SAR, contributing to its stability.
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Implications for Stakeholders
Expatriates: Stable exchange rates ensure predictability for Pakistani expatriates sending remittances home, allowing for better financial planning.
Businesses: Companies engaged in trade between Saudi Arabia and Pakistan benefit from exchange rate stability, reducing the risks associated with currency fluctuations.
Conclusion
The consistent exchange rate between the Saudi Riyal and the Pakistani Rupee in 2025 reflects a period of economic stability. This stability is advantageous for expatriates, businesses, and the broader economy, fostering an environment conducive to financial planning and growth.
