On Wednesday, March 13, 2024, the buying rate for the Saudi Arabia Riyal (SAR) in Pakistan was Rs74.15, while the selling rate was Rs74.9.
According to available data, the Saudi Riyal strengthened by 5 paisas against the Pakistani Rupee on the open market compared to the previous trading day.
The SAR to PKR rate on March 13, 2024, showed a rise from the rate on March 12, 2024:
March 13, 2024: Rs74.15 (up 5 paisas).
The Saudi Riyal (SAR or SR) is the national currency of Saudi Arabia and is divided into 100 halalas. As of March 12, 2024, it was Rs74.1.
With over 2.7 million Pakistani expats living in Saudi Arabia for work or business, the SAR to PKR exchange rate is of great importance to them.
For those who want to understand the conversion rates as of March 13, 2024:
500 Saudi Riyals would be equivalent to around Rs37,075 in the open market.
In Pakistani currency, 1,000 Saudi Riyals is equivalent to around Rs74,150.
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.