KARACHI – Saudi Riyal (SAR) buying rate moved up against Pakistani rupee in open market on Wednesday, 5 June 2025, as 1 SAR surged to Rs75.24 after an increase of one paisa.
According to the Forex Association of Pakistan (FAP), the selling rate of Riyal increased to Rs76.01 after witnessing gains as the fluctuation shows small shift in demand and supply dynamics for SAR in the local currency market.
Traders and individuals dealing with currency exchange are advised to stay updated with the daily rates to make informed decisions.
The exchange rate movements remain crucial for remittances, trade, and investment activities between Pakistan and Saudi Arabia.
Saudi Riyal to Pak rupee exchange rate also remains in top searches as huge number of overseas Pakistanis reside in Kingdom contribute to foreign exchange reserves.
How much is 500 Saudi Riyal in Pak Rupee?
As the SAR buying rate stood at Rs75.24, an individual will get Rs37,620 after converting 500 Saudi Riyals in open market.
Meanwhile, data released by the State Bank of Pakistan shows overseas Pakistanis living in Saudi Arabia sent remittances to the tune of $725.4 million during April 2025. The remittances from the Kingdom were down 26% on a monthly basis, and 2% higher than the $712.2 million sent by the expatriates April 2024.
On the other hand, gold prices in Saudi Arabia stood at 4,676 Riyal per tola while the 10-gram is being traded at 4,014 SAR, as of 11 June 2025.