KARACHI – The buying rate for Saudi Arabia Riyal in Pakistan stands at Rs73.5 while the selling rate stands at Rs74.25 on Saturday in open market, according to forex.pk.
Data available on the currency website showed the Saudi Riyal witnessed no change against Pakistani rupee in the open market.
| Date | Latest Exchange Rate | CHANGE |
|---|---|---|
| May 18, 2024 | Rs. 73.5 | 0 |
| May 17, 2024 | Rs. 73.5 |
The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas.
More than 2.7 million Pakistani expatriates live in the Saudi Arabia for their jobs or businesses. The significant presence of Pakistanis in the Kingdom makes the SAR to PKR exchange rate one of most interested topic for them.
As of May 18, the Riyal rate stands at Rs73.5 in open market. So, the 500 Saudi Riyal will be equal to Rs36,750 in Pakistani currency.
As of May 18, the Riyal rate is being traded at Rs73.5 in open market. So, the 1,000 Saudi Riyal will be equal to Rs73,500 in Pakistani currency.
The rate of one SAR in open market of Pakistan stands at Rs73.5.
People carrying Saudi currency Riyal with them to Pakistan can visit the banks or branches of the exchange companies to convert the SAR into PKR.
