On Monday, January 27, 2025, the Saudi Riyal (SAR) remained unchanged in Pakistan’s open market. The buying rate stayed at Rs74.31, while the selling rate remained at Rs74.51.
Saudi Arabia continues to be the largest source of remittances for Pakistan. In December 2024, overseas Pakistanis residing in the kingdom sent $770.6 million in remittances.
This amount reflects a 6% month-on-month increase and a notable 33% rise compared to the $577.6 million sent in the same month last year.
SAR to PKR Exchange Rate – January 27, 2025
Date: January 27, 2025
Latest Exchange Rate: Rs74.31
Change: 0
The Saudi Riyal is the official currency of Saudi Arabia, abbreviated as SAR. One Riyal is divided into 100 halalas.
At Rs74.31, 1,000 Saudi Riyals equals Rs74,310 in Pakistani currency.
The exchange rate for one SAR in Pakistan’s open market is Rs74.31.
In broader economic cooperation, Saudi Arabia recently extended its $3 billion deposit with Pakistan for another year to help stabilize the country’s economy.
Additionally, Saudi Arabian mining fund Manara Minerals is reportedly planning to invest in Pakistan.