Saudi Riyal to Pakistani Rupee Exchange Rate: February 15, 2025
Saudi Riyal to Pakistani Rupee Exchange Rate: February 15, 2025
On February 15, 2025, the exchange rate between the Saudi Riyal (SAR) and the Pakistani Rupee (PKR) stood at approximately 74.36 PKR per 1 SAR. This rate reflects a slight decrease from the previous day's rate of 74.52 PKR per SAR.
Historical Exchange Rates
Throughout February 2025, the SAR to PKR exchange rate has exhibited minimal fluctuations:
- February 3, 2025: 74.355 PKR per SAR
- February 4, 2025: 74.366 PKR per SAR
- February 5, 2025: 74.394 PKR per SAR
- February 6, 2025: 74.428 PKR per SAR
- February 7, 2025: 74.413 PKR per SAR
- February 10, 2025: 74.405 PKR per SAR
- February 11, 2025: 74.404 PKR per SAR
- February 12, 2025: 74.426 PKR per SAR
- February 13, 2025: 74.515 PKR per SAR
The highest rate during this period was 74.515 PKR per SAR on February 13, 2025, while the lowest was 74.355 PKR per SAR on February 3, 2025.
Factors Influencing the Exchange Rate
Several factors contribute to the stability of the SAR to PKR exchange rate:
- Economic Stability: Both Saudi Arabia and Pakistan have maintained relatively stable economic conditions, which has helped keep the exchange rate consistent.
- Trade Relations: The strong trade and remittance ties between the two countries have supported the exchange rate stability.
- Monetary Policies: The monetary policies of the Saudi Arabian Monetary Authority (SAMA) and the State Bank of Pakistan (SBP) play a crucial role in maintaining the exchange rate.
Implications for Businesses and Consumers
The stability of the SAR to PKR exchange rate has several implications:
- For Businesses: Companies engaged in trade between Saudi Arabia and Pakistan benefit from predictable costs and revenues, aiding in financial planning and risk management.
- For Consumers: Individuals sending remittances or traveling between the two countries can anticipate consistent exchange rates, facilitating better financial planning.
Conclusion
As of February 14, 2025, the exchange rate between the Saudi Riyal and the Pakistani Rupee remains stable, reflecting the strong economic and trade relations between Saudi Arabia and Pakistan. This stability is beneficial for businesses and consumers engaged in cross-border activities, providing a predictable financial environment.