The exchange rate of the Saudi Riyal (SAR) dropped against the Pakistani Rupee (PKR) in the open market, standing at Rs74.3 on Tuesday, March 4, 2025. The selling rate also decreased, with exchange companies offering SAR at Rs74.58, according to forex.pk.
The Saudi Riyal, the official currency of Saudi Arabia, is denoted as SAR or SR and is divided into 100 halalas.
SAR to PKR Exchange Rate Today
As of today, 1 Saudi Riyal is equivalent to Rs74.3 in the open market. This means that 1,000 SAR can be exchanged for Rs74,300 in Pakistani currency.
Meanwhile, Saudi Ambassador Nawaf bin Saeed Ahmad Al-Malkiy met with Deputy Prime Minister Ishaq Dar in Islamabad to discuss enhancing trade and investment relations.
A large number of Pakistani expatriates reside in Saudi Arabia, contributing significantly to Pakistan’s forex reserves through remittances. In January 2025, they sent $728.3 million, reflecting a 5.5% decline from the previous month but a 24% increase compared to January 2024, when remittances stood at $587.4 million.