KARACHI – Saudi Riyal (SAR) has lost its winning streak against Pakistani rupee in open market on Saturday as 1 SAR rate dropped to Rs75.17 on 24 May 2025.
The selling rate of the Saudi currency also decreased by two paisas as it is being sold for Rs75.72 on sixth 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 = Rs75.17
Pakistan and Saudi Arabia share strong economic ties rooted in trade, investment, and labor cooperation.
Saudi Arabia is a major source of remittances for Pakistan, thanks to the large Pakistani workforce employed across the Kingdom.
These overseas Pakistanis contribute significantly to Saudi Arabia’s economy, particularly in construction, healthcare, and service sectors. In return, their remittances support millions of families and bolster Pakistan’s foreign exchange reserves. Bilateral economic relations have deepened through joint ventures, infrastructure investments, and energy cooperation.
The long-standing partnership reflects mutual interests, with ongoing efforts to enhance trade, diversify investment, and strengthen people-to-people and economic connections.
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.
