Islamabad, Mar 28, 2025: The exchange rate of the Saudi Riyal (SAR) in Pakistan’s open market stood at Rs74.40 on Friday.
The selling price of the Riyal witnessed minor fluctuations, now being offered at Rs74.90.
Saudi Riyal to PKR
1 SAR = Rs74.40 (March 28, 2025)
The Saudi Riyal (SAR) serves as the official currency of Saudi Arabia and is divided into 100 halalas. Currency exchange involves converting one form of money into another, such as exchanging Pakistani Rupees for US Dollars, UAE Dirhams, or other prominent global currencies.
Pakistan and Saudi Arabia maintain deep-rooted fraternal relations, consistently reinforcing their commitment to strengthening bilateral collaboration, particularly in defence and security sectors.
This mutual dedication was emphasized during a high-profile meeting between Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince and Prime Minister Mohammed bin Salman in Jeddah.
Read More: PSX Partners with Sri Lanka, Bangladesh for Regional Stock Market Growth
Prime Minister Shehbaz Sharif was accompanied by Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, Chief of Army Staff General Syed Asim Munir, and Punjab Chief Minister Maryam Nawaz.
Their discussions centered on bolstering economic ties, strategic partnerships, and security cooperation between both nations.
Pakistani expatriates residing in Saudi Arabia continue to play a pivotal role in boosting Pakistan’s economy, sending remittances amounting to $744.4 million in February 2025.
This reflects a 2.21% rise from January 2025 and an impressive 37.88% increase compared to February 2024.
As currency exchange rates fluctuate due to global economic dynamics, market demand, and geopolitical developments, individuals dealing in foreign exchange should stay updated on the latest trends to make informed financial decisions.
