On Saturday, May 18, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan remained unchanged at Rs73.5, while the selling rate was Rs74.25 in the open market.
The data indicated that there was no change in the exchange rate of the Saudi Riyal against the Pakistani Rupee in the open market.
Here's the SAR to PKR rate for May 18, 2024:
- May 18, 2024: Rs73.5 (No Change)
- May 17, 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 18, 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.