KARACHI – Saudi Riyal (SAR) further strengthened against Pakistani rupee in open market on Thursday as 1 SAR rate stood at Rs75.17 on 22 May 2025.
The selling rate of the Saudi currency also increased by three paisas as it is being sold for Rs75.72 on fourth day of new business week.
Riyal is the official currency of the Kingdom of Saudi Arabia and it is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas.
SAR to PKR Rate Today in Open Market
The price of one Saudi Riyal stands at Rs75.17 in Pakistan as it strengthened by three paisas on 22 May, 2025.
1 SAR = Rs75.17
The role of currency exchange in finance is crucial and multifaceted. It impacts international trade, investment, monetary policy, and economic stability.
Currency exchange rates in the open market are determined by supply and demand dynamics. Factors influencing these rates include interest rates, inflation, political stability, and economic performance.
When demand for a country’s currency increases, its value rises compared to others. Conversely, a drop in demand leads to depreciation.
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 4,497 Riyal per tola while the 10-gram is being traded at 3,859 SAR, as of 19 May 2025.
