The Saudi Riyal (SAR) maintained its position against the Pakistani Rupee (PKR) in the open market on Monday, June 16, 2025, as no fluctuation was recorded in its buying or selling rates, according to market dealers.
The Riyal was being bought at Rs75.37 and sold at Rs75.92, reflecting continued stability amid sustained demand linked to remittance inflows and Hajj-related transactions.
SAR to PKR rate today
1 SAR = Rs75.37 (Buying)
1 SAR = Rs75.92 (Selling)
Based on the prevailing rate, 500 Saudi Riyals were fetching Rs37,685, showing the currency’s consistent value in the local market—an important factor for overseas Pakistanis and local money exchangers.
Remittances reach record high in May 2025
The stability in SAR’s exchange rate comes on the back of strong remittance inflows. According to the latest figures released by the State Bank of Pakistan (SBP), monthly remittances surged to $3.69 billion in May 2025, marking the highest monthly inflow during the current fiscal year (FY2024–25).
In total, $34.9 billion in remittances were recorded over the first 11 months of the fiscal year—up 28.8% from $27.1 billion during the same period last year.
Saudi Arabia remained the top source of remittances, contributing $913.3 million in May alone, followed by the UAE with $754.2 million, reflecting the crucial role of Gulf countries in Pakistan’s economic lifeline.
