KARACHI – The buying rate for Saudi Arabia Riyal in Pakistan stands at Rs74.35 while the selling rate stands at Rs75.1 on Monday, according to forex.pk.

Data available on the currency website showed the Saudi Riyal witnessed no change against Pakistani rupee in the open market.

The Saudi riyal is the official currency of Saudi Arabia. It is abbreviated as SAR, or SR. One Riyal is subdivided into 100 halalas.

More than 2.7 million Pakistani expatriates live in the Saudi Arabia for their jobs or businesses. The significant presence of Pakistanis in the Kingdom makes the SAR to PKR exchange rate one of most interested topic for them.

As of February 26, the Riyal rate stands at Rs74.35 in open market. So, the 500 Saudi Riyal will be equal to Rs37,175 in Pakistani currency.

As of February 26, the Riyal rate is being traded at Rs74.35 in open market. So, the 1,000 Saudi Riyal will be equal to Rs74,350 in Pakistani currency.

People carrying Saudi currency Riyal with them to Pakistan can visit the banks or branches of the exchange companies to convert the SAR into PKR.