On Monday, May 20, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan stands at Rs73.5, while the selling rate is Rs74.25 in the open market.
The data indicates that there has been no change in the exchange rate of the Saudi Riyal against the Pakistani Rupee in the open market since the previous update.
Here's the SAR to PKR rate for May 20, 2024:
- **May 20, 2024**: Rs73.5 (No Change)
- **May 18, 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 more than 2.7 million Pakistani expatriates living in Saudi Arabia for employment or business, the SAR to PKR exchange rate is a topic of significant interest for them.
For those looking to convert Riyals into Pakistani Rupees as of May 20, 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.