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    Saudi Riyal to PKR latest rate today – 7 Dec 2024

    MediaBitesBy 130 Comments1 Min Read
    saudi riyal pkr latest exchange

    The Saudi Riyal (SAR) went up by three paisas against the Pakistani Rupee (PKR) in the open market on Saturday, with the buying rate going up to Rs74 and the selling rate remaining at Rs74.39.

    This slight increase continues the Saudi Riyal’s consistent performance in the open market, say currency dealers.

    Pakistan receives the largest remittances from Saudi Arabia, where most Pakistani expatriates send back Saudi Riyals while going back to their homeland.

    Latest Exchange Rates

    SAR to PKR Open Market Rate

    Buying Rs74 + 3 paisas
    Selling Rs74.39 + 3 paisas

    Date Latest Exchange Rate Change

    December 7, 2024 Rs. 74 +3 paisa
    December 6, 2024 Rs. 73.97

    Saudi Riyal SAR is the official currency of Saudi Arabia and is subdivided into 100 halalas.

    Key conversion at the prevailing rate of Rs74 are as follows:

    500 Saudi Riyals = Rs37,000
    1,000 Saudi Riyals = Rs74,000

    People holding Saudi Riyals can exchange their currency at banks or branches of an exchange company in Pakistan.

    The State Bank of Pakistan (SBP) has stressed the need to encourage the use of formal banking channels for remittances to help the country’s economy.

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