KARACHI: As of today, 13 September 2024, the buying rate for the Saudi Riyal (SAR) in Pakistan is Rs74.19, while the selling rate stands at Rs74.74 in the open market, according to data from Forex. pk.
The exchange rate for the Saudi Riyal against the Pakistani Rupee remains unchanged in the open market.
Understanding the Saudi Riyal (SAR)
The Saudi Riyal, abbreviated as SAR or SR, is the official currency of Saudi Arabia and is subdivided into 100 halalas. The Riyal is a key currency for many Pakistanis, especially considering that over 2.7 million Pakistani expatriates live in Saudi Arabia for jobs or businesses. This makes the SAR to PKR exchange rate a topic of significant interest to the Pakistani community.
Conversion Rates for Today
- How Much is 500 Saudi Riyal in Pakistani Rupees Today?
As of 13 September 2024, with the Riyal rate at Rs74.19 in the open market, 500 Saudi Riyals is equivalent to Rs37,095. - How Much is 1000 Saudi Riyal in Pakistani Rupees Today?
With the same rate of Rs74.19 per Riyal, 1000 Saudi Riyals equals Rs74,190 in Pakistani currency.
Current Open Market Rate of SAR in Pakistan
The open market rate for one Saudi Riyal (SAR) in Pakistan is Rs74.19.
How to Convert Saudi Riyal to Pakistani Rupee
Individuals carrying Saudi Riyals (SAR) and wishing to convert them to Pakistani Rupees (PKR) can visit banks or branches of exchange companies across Pakistan. These institutions provide currency conversion services, ensuring a smooth transaction from SAR to PKR.
Conclusion
Today’s exchange rate of the Saudi Riyal to the Pakistani Rupees remains steady, offering a clear picture for expatriates and traders alike. For those looking to exchange currencies, checking the latest rates and visiting authorized banks or exchange companies is recommended for accurate and efficient conversion.