The Saudi Riyal saw a slight drop of five paisas in the open market of Pakistan on Wednesday, with its buying rate standing at Rs73.95.
The selling rate also decreased to Rs74.34 on the third day of the business week.
Saudi Arabia continues to be a major source of remittances to Pakistan, and many Pakistani expatriates exchange their currency when travelling back home.
Here are the latest exchange rate details for the Saudi Riyal to Pakistani Rupee (SAR to PKR).
| Date | Latest Exchange Rate | Change |
|---|---|---|
| December 4, 2024 | Rs. 73.95 | -5 paisas |
| December 3, 2024 | Rs. 73.99 |
The Saudi Riyal (SAR or SR) is the official currency of Saudi Arabia, subdivided into 100 halalas.
With the current exchange rate of Rs73.95, 500 Saudi Riyals will be equal to Rs36,975 in Pakistani currency.
At the current rate of Rs73.95, 1,000 Saudi Riyals will be equivalent to Rs73,950 in Pakistani currency.
The open market rate for one Saudi Riyal in Pakistan is Rs73.95.
Those carrying Saudi Riyals can visit banks or exchange company branches in Pakistan to convert SAR into PKR.
