The open market selling rate for the Saudi Arabian Riyal (SAR) for Thursday, May 16, 2024, was Rs74.2, while the purchasing rate was at Rs73.5.
According to data from the currency website, there was no change in the value of the Saudi Riyal in relation to the Pakistani Rupee on the open market.
The SAR to PKR Rate split as of May 16, 2024 is as follows:
**May 16, 2024: Rs73.5 (Same as Before)
- Rs73.5 on May 15, 2024.
The official currency of Saudi Arabia is the Saudi Riyal, sometimes known as SAR or SR. One Riyal is equivalent to 100 halalas.
With more than 2.7 million Pakistani expats living in Saudi Arabia, the SAR to PKR exchange rate is still a hot topic for them.
Here are the exchange rates as of May 16, 2024, for those wishing to convert Riyals into Pakistani Rupees:
- On the open market, 500 Saudi Riyals would be worth about Rs36,750.
- One thousand Saudi riyals is about equal to Rs73,500 in Pakistani rupees.