On September 5, 2024, the Saudi Riyal (SAR) is quoted at Rs73.98 for buying and Rs74.53 for selling in Pakistan’s open market. This shows an increase of 7 paisas from the rate of Rs73.91 on the previous day.
Date | Latest Exchange Rate | CHANGE |
September 5, 2024 | Rs. 73.98 | 7 paisas |
September 4, 2024 | Rs. 73.91 |
The Saudi Riyal, abbreviated as SAR or SR, is the official currency of Saudi Arabia. It is divided into 100 halalas. This currency is especially relevant for the Pakistani expatriate community in Saudi Arabia, which numbers over 2.7 million. Therefore, any changes in the SAR to PKR exchange rate are closely monitored by this group.
To illustrate, with the current rate, 500 Saudi Riyals convert to Rs36,940 in Pakistani currency. Likewise, 1,000 Saudi Riyals would be equivalent to Rs73,980.
In summary, the exchange rate for the Saudi Riyal in Pakistan’s open market is Rs73.98. This information is essential for anyone involved in currency exchange involving the Saudi Riyal.