Today's SAR to PKR Price Update

Summary

This report provides the real-time exchange rate between the Saudi Riyal (SAR) and Pakistani Rupee (PKR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Saudi Riyal (SAR) is the official currency of Saudi Arabia, while the Pakistani Rupee (PKR) is the legal tender of Pakistan. The exchange rate between them reflects bilateral trade dynamics, regional economic conditions, and investor sentiment toward both currencies.

Today’s Price

• 1 SAR = 74.61 PKR
• 24h High: 74.7469 PKR
• 24h Low: 74.5849 PKR

Market Analysis

Recent SAR/PKR price movement reflects modest appreciation, with the pair trading up 0.10% to reach intraday highs. Current market sentiment is estimated as bearish, with mixed technical signals present in the pair.

• Technical levels: The 14-day RSI reading shows conflicting signals, with readings ranging from 32.682 to 48.40, indicating uncertainty in directional momentum
• Risk note: The pair holds several negative signals and should be monitored for potential reversals; short-term volatility may persist
• Trading opportunities: Watch for consolidation patterns and potential turnaround situations as the market reassesses positioning

Conclusion

Continue to monitor the SAR/PKR pair closely, integrating technical indicators with regional economic developments. Traders should remain vigilant for shifts in sentiment and potential trading inflection points as the market evolves.