The current buying and selling rates of Saudi Riyal (SAR) in the open market in Pakistan are Rs. 75.6 and 76.4, respectively. In the interbank market buying rate is Rs. 75.58, and the selling rate is Rs. 75.58, as per the data provided by forex.com.pk.Â
The SAR to PKR exchange rate remains among the most tracked in Pakistan due to the significant impact remittances have on the country’s foreign exchange reserves.
At the prevailing buying rate, 500 Saudi Riyals convert to Rs37,785, offering consistent returns for individuals relying on remittance transfers from Gulf nations.
According to data released by the State Bank of Pakistan (SBP), workers’ remittances surged by 28.8 percent during the first eleven months of the current fiscal year, reaching $34.9 billion from July 2024 to May 2025. The increase highlights a strengthening trend in overseas financial contributions.
May 2025 alone recorded $3.69 billion in remittances—the highest monthly figure for the fiscal year. Saudi Arabia topped the remittance chart, with $913.3 million sent by Pakistani workers, followed by $754.2 million from the United Arab Emirates (UAE).
