On Saturday, May 11, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan was Rs73.4, while the selling rate stood at Rs74.1 in the open market.
Data from the currency website indicated that the Saudi Riyal appreciated by 10 paisas against the Pakistani Rupee in the open market.
Here's the breakdown of the SAR to PKR Rate on May 11, 2024:
- May 11, 2024: Rs73.4 (+10 paisas)
- May 10, 2024: Rs73.3
The Saudi Riyal, represented as SAR or SR, serves as the official currency of Saudi Arabia, with one Riyal being subdivided into 100 halalas.
Given the substantial population of over 2.7 million Pakistani expatriates in Saudi Arabia, the SAR to PKR exchange rate is a topic of significant interest among them.
For those looking to convert Riyals into Pakistani Rupees, here are the rates as of May 11, 2024:
- 500 Saudi Riyals would amount to approximately Rs36,700 in the open market.
- 1,000 Saudi Riyals would be equivalent to around Rs73,400 in Pakistani currency.
To facilitate the conversion of Riyals into Pakistani Rupees, individuals can visit banks or branches of exchange companies in Pakistan.
