The Saudi Riyal (SAR) slipped against the Pakistani rupee (PKR) in the open market on Wednesday, as the local currency continues to strengthen against the US dollar.
This exchange rate update is particularly significant for overseas Pakistanis and the business community.
As of 12 November 2025, the Saudi Riyal is being bought at Rs75.6 and sold at Rs76.2 in Pakistan’s open market.
For example, exchanging 500 Saudi Riyals today would give approximately Rs37,800 in local currency.
Impact on remittances and families
Saudi Arabia is a major source of remittances for Pakistan, and a stronger Riyal increases the purchasing power of families receiving money from relatives abroad. A stable or rising Riyal provides significant financial support to households and contributes to the national economy.
Where to exchange Saudi Riyals in Pakistan
Pakistani citizens and other holders of Saudi Riyals can exchange their currency at registered banks and authorized money exchange outlets. It is advisable to use official channels for safe and reliable transactions.
To promote digital payments, the State Bank of Pakistan announced a PKR 3.5 billion subsidy to encourage merchant adoption of Raast and digital QR Code transactions.
The support will cover Raast P2M QR Code-based payments between 1 September 2025 and 30 June 2026, helping expand Pakistan’s digital economy and reduce cash dependency.
