On Wednesday, June 12, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan stands at Rs73.10, while the selling rate is Rs73.85 in the open market.
Data available on the currency website showed the Saudi Riyal shed 40 paisas against the Pakistani Rupee.
Here are the SAR to PKR rates for June 12, 2024:
- **June 12, 2024**: Rs73.10 (decrease of 40 paisas)
- **June 11, 2024**: Rs73.50
The Saudi Riyal, abbreviated as SAR or SR, is the official currency of Saudi Arabia, with one Riyal subdivided into 100 halalas.
Given the substantial presence of over 2.7 million Pakistani expatriates in Saudi Arabia for employment or business, the SAR to PKR exchange rate is a topic of significant interest for them.
For those interested in converting Riyals into Pakistani Rupees as of June 12, 2024:
- **500 Saudi Riyals** would be equivalent to approximately **Rs36,550** in the open market.
- **1,000 Saudi Riyals** would amount to around **Rs73,100** in Pakistani currency.
The open market rate of one SAR in Pakistan stands at Rs73.1.
