On Tuesday, March 26, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan was Rs73.75, while the selling rate stood at Rs74.45.
Data indicated that the Saudi Riyal depreciated by five paisas against the Pakistani Rupee in the open market compared to the previous trading day.
Here are the details of the SAR to PKR Rate on March 26, 2024:
- March 26, 2024: Rs73.75 (-5 paisas)
- March 25, 2024: Rs73.8
The Saudi Riyal is the official currency of Saudi Arabia, abbreviated as SAR or SR, with one Riyal subdivided into 100 halalas.
With over 2.7 million Pakistani expatriates residing in Saudi Arabia, the SAR to PKR exchange rate is a crucial topic for them due to their jobs or businesses in the Kingdom.
For those interested in currency conversion, here are the rates as of March 26, 2024:
- 500 Saudi Riyals would amount to approximately Rs36,875 in the open market.
- 1,000 Saudi Riyals would be equivalent to around Rs73,750 in Pakistani currency.
Converting Riyals into Pakistani Rupees is facilitated through banks or branches of exchange companies across Pakistan, providing convenience for individuals carrying SAR. They can visit these institutions to convert their SAR into PKR for various financial transactions.