On Wednesday, May 8, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan was Rs73.2, while the selling rate stood at Rs73.95 in the open market.
Data available on the currency website indicated that the Saudi Riyal depreciated by 5 paisas against the Pakistani Rupee in the open market.
Here are the details of the SAR to PKR Rate on May 8, 2024:
May 08, 2024: Rs73.2 (-5 paisas)
May 07, 2024: Rs73.25
The Saudi Riyal, abbreviated as SAR or SR, is the official currency of Saudi Arabia, with one Riyal subdivided into 100 halalas.
Given the substantial population of over 2.7 million Pakistani expatriates in Saudi Arabia, the SAR to PKR exchange rate is of significant interest to them.
For those interested in currency conversion, here are the rates as of May 8, 2024:
- 500 Saudi Riyals would amount to approximately Rs36,600 in the open market.
- 1,000 Saudi Riyals would be equivalent to around Rs73,200 in Pakistani currency.
To convert Riyals into Pakistani Rupees, individuals can visit banks or branches of exchange companies in Pakistan.
