KARACHI – Saudi Riyal (SAR) has maintained its gaining streak against Pakistani rupee in open market on Friday as 1 SAR rate surged to Rs75.19 on 23 May 2025.
The selling rate of the Saudi currency also moved up by two paisas as it is being sold for Rs75.74 on fifth 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 Rs75.19 in Pakistan as it strengthened by two paisas on 23 May, 2025.
1 SAR = Rs75.19
The currency exchange has a crucial role in contemporary financial system as it affects 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.
