Saudi Riyal Exchange Rate Remains Steady at Rs73.90 in Pakistan
Buying Rate Holds Steady; Selling Rate at Rs74.45
As of Thursday, the buying rate for the Saudi Riyal (SAR) in Pakistan is Rs73.90, while the selling rate is Rs74.45 in the open market.
| Date | Exchange Rate (SAR to PKR) | CHANGE |
|—————–|—————————-|——–|
| August 29, 2024 | Rs73.90 | 0 |
| August 28, 2024 | Rs73.90 | |
The Saudi Riyal (SAR), also denoted as SR, is the official currency of Saudi Arabia, with one Riyal divided into 100 halalas.
There are over 2.7 million Pakistani expatriates residing in Saudi Arabia for work or business, making the SAR to PKR exchange rate highly relevant to them.
As of August 29, the rate stands at Rs73.90 in the open market. Thus, 500 Saudi Riyal converts to Rs36,900 in Pakistani currency, and 1,000 Saudi Riyal equals Rs73,900.
For those carrying Saudi Riyals to Pakistan, they can exchange their currency for Pakistani Rupees (PKR) at banks or exchange company branches.
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