On Wednesday, May 22, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan stands at Rs73.45, while the selling rate is Rs74.2 in the open market.
The data indicates that the Saudi Riyal has decreased by five paisas against the Pakistani Rupee since the previous update.
Here are the SAR to PKR rates for May 22, 2024:
- **May 22, 2024**: Rs73.45 (-5 paisas)
- **May 21, 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 22, 2024:
- **500 Saudi Riyals** would be equal to approximately **Rs36,725** in the open market.
- **1,000 Saudi Riyals** would amount to around **Rs73,450** in Pakistani currency.
Individuals carrying Saudi Riyals to Pakistan can visit banks or branches of exchange companies to convert SAR into PKR.