On Monday, March 11, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan was Rs74.1, with a selling rate of Rs74.85.
Analysis of available data revealed that the Saudi Riyal fell 10 paisas against the Pakistani Rupee in the open market compared to the previous trading day.
The SAR to PKR rate on March 11, 2024, showed a drop from the rate on March 9, 2024:
March 11, 2024: Rs74.1 (a drop of 10 paisas).
March 9, 2024: Rs. 74.2
The Saudi Riyal (SAR or SR) is Saudi Arabia’s national currency, with one Riyal divided into 100 halalas,With almost 2.7 million Pakistani expatriates living in Saudi Arabia for work or business interests,
The SAR-PKR exchange rate is of great relevance to them.
For those who want to understand the conversion rates as of March 11, 2024:
500 Saudi Riyals would be equivalent to around Rs37,050 in the open market.
In Pakistani currency, 1,000 Saudi Riyals is equivalent to around Rs74,100.
Individuals possessing SAR can convert Riyals into Pakistani Rupees with relative ease. They can visit banks or exchange company branches around Pakistan to aid the conversion, ensuring smooth transactions and financial administration between the two currencies.
