The Saudi Riyal (SAR) maintained its value against the Pakistani Rupee (PKR) in the open market during early trading on Monday, as the exchange rate stood unchanged at Rs75.09 on May 19.
Currency dealers reported that the selling price of the Riyal also remained steady at Rs75.64, with no fluctuations recorded on the first business day of the week.
SAR to PKR rate today
1 SAR = Rs75.09 (May 19, 2025)
The Riyal, the official currency of the Kingdom of Saudi Arabia, is abbreviated as SAR or SR and is subdivided into 100 halalas. Currency exchange involves the conversion of one currency into another, such as converting Pakistani Rupees into US Dollars, UAE Dirhams, or other international currencies.
Pakistan and Saudi Arabia continue to strengthen their deep-rooted bilateral ties, reaffirming their commitment to enhancing cooperation in defence and security.
This commitment was reiterated during a meeting in Jeddah between Prime Minister Muhammad Shehbaz Sharif and Saudi Crown Prince and Prime Minister Mohammed bin Salman.
Accompanying the prime minister were Deputy Prime Minister and Foreign Minister Senator Ishaq Dar, Chief of Army Staff General Syed Asim Munir, and Punjab Chief Minister Maryam Nawaz.
The meeting emphasized expanding collaboration in various sectors, underscoring the strategic importance of the Pakistan-Saudi partnership.
Overseas Pakistanis living in Saudi Arabia sent the largest amount in remittances in February 2025, contributing $744.4 million. This marked a 2.21% increase on a monthly basis and a 37.88% rise compared to the same period last year.
