On Friday, May 17, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan remained steady at Rs73.5, while the selling rate stood at Rs74.2 in the open market.
The data indicated that the Saudi Riyal showed no change against the Pakistani Rupee in the open market.
Here's the SAR to PKR rate for May 17, 2024:
- **May 17, 2024**: Rs73.5 (No Change)
- May 16, 2024: Rs73.5
The Saudi Riyal, abbreviated as SAR or SR, is the official currency of Saudi Arabia, with one Riyal divided into 100 halalas.
With over 2.7 million Pakistani expatriates in Saudi Arabia for jobs or business, the SAR to PKR exchange rate is a significant point of interest for them.
For those looking to convert Riyals into Pakistani Rupees as of May 17, 2024:
- 500 Saudi Riyals would be equal to approximately Rs36,750 in the open market.
- 1,000 Saudi Riyals would amount to around Rs73,500 in Pakistani currency.
Individuals carrying Saudi Riyals to Pakistan can visit banks or branches of exchange companies to convert SAR into PKR.
