The Saudi Riyal (SAR) experienced a minor dip of 10 paisas in Pakistan’s open market on Saturday, with the buying rate now recorded at Rs73.94.
Similarly, the selling rate also declined, settling at Rs74.35 by the fifth business day of the week.
Saudi Arabia continues to be the leading source of remittances for Pakistan, with many expatriates converting Saudi Riyals to Pakistani Rupees upon returning home. As a result, keeping track of the SAR to PKR exchange rate remains important for individuals and businesses alike.
Below are the latest updates on the SAR to PKR conversion rates.
| Date | Latest Exchange Rate | Change |
|---|---|---|
| November 23, 2024 | Rs. 73.94 | -10 paisas |
| November 22, 2024 | Rs. 74.04 |
Saudi Riyal Exchange Rate in Pakistan: Latest Updates
The Saudi Riyal (SAR), the official currency of Saudi Arabia, is subdivided into 100 halalas.
As of November 23, the exchange rate for the Riyal in Pakistan’s open market stands at Rs73.94. At this rate:
- 500 Saudi Riyals are equivalent to Rs36,970
- 1,000 Saudi Riyals amount to Rs73,940
The current open market rate for one Saudi Riyal in Pakistan remains steady at Rs73.94.
