- Saudi Riyal to PKR Rate Today in Pakistan for 7 September 2024.
- The buying rate for the Saudi Riyal in Pakistan is Rs74, while the selling rate is Rs74.55.
- The Saudi Riyal is the official currency of Saudi Arabia, abbreviated as SAR or SR.
Saudi Riyal to PKR Rate Today: The buying rate for the Saudi Riyal (SAR) in Pakistan is Rs74, and the selling rate is Rs74.55.These rates are significant for the over 2.7 million Pakistani expatriates living in Saudi Arabia, making the SAR to PKR exchange rate a key topic for them.
Data from the currency website showed that the Riyal increased by 2 paisas against the Pakistani Rupee in the open market.
Saudi Riyal to PKR Rate Today – 07 September 2024
| DATE | BUYING | SELLING |
|---|---|---|
| 07 Sep 24 | PKR74.00 | PKR74.55 |
What is the Saudi Riyal (SAR)?
The Saudi riyal is the official currency of Saudi Arabia, represented by the symbols SAR or SR. It is subdivided into 100 halalas, similar to how the Pakistani rupee is divided into 100 paisas. Given Saudi Arabia’s large Pakistani community working in various sectors, fluctuations in the riyal’s value directly impact their remittances and financial planning.
How Much is 500 Saudi Riyal in Pakistani Rupees Today?
As of September 6, 500 Saudi Riyal is equivalent to Rs 37,000 in the Pakistani open market. This rate is crucial for expatriates sending money back home, helping them calculate how much their remittances will amount to in Pakistani currency.
How Much is 1000 Saudi Riyal in Pakistani Rupees Today?
Similarly, 1000 Saudi Riyals translates to Rs 74,000 in Pakistani rupees as of September 5. The steady exchange rate of Rs74 per riyal makes it easier for people to plan remittances or conversions during their trips between the two countries.
Where to exchange Saudi Riyals in Pakistan?
If you have Saudi Riyals and wish to convert them into Pakistani Rupees, you can visit banks or exchange companies across Pakistan. These institutions offer currency conversion services, providing convenience for people traveling to and from Saudi Arabia.
Conclusion
The exchange rate between the Saudi Riyal and the Pakistani Rupees is essential for millions of expatriates in Saudi Arabia. With a rate of Rs74 per riyal, it remains crucial for Pakistanis to send remittances back home or exchange currency while visiting Pakistan.
Read Also: GBP to PKR Rate Today – 02 September, 2024
