The SAR to PKR rate eased slightly on Wednesday, with the Saudi Riyal trading at Rs74.65 against the Pakistani Rupee. This is a minor decline from Rs74.67 recorded on January 5, currency dealers reported. The selling rate was adjusted to Rs75.22.
The small drop comes after market recalibrations and continued remittance inflows from Pakistanis working in Saudi Arabia. The SAR to PKR rate is closely watched by millions of families who rely on remittances from the Kingdom’s construction, healthcare, and hospitality sectors.
According to the State Bank of Pakistan, Saudi Arabia contributed $913.3 million to Pakistan’s remittance inflows in May 2025, the largest share of foreign earnings. Between July 2024 and May 2025, total remittances reached $34.9 billion, marking a 28.8% year-on-year increase. At today’s rate, 1,000 Saudi Riyals convert to Rs74,650, slightly down from Rs74,670 on January 5, affecting household budgets for essentials like education, medical care, and daily expenses.
The slight dip in the SAR to PKR rate has multiple effects. For families, it reduces the purchasing power of remittances. Businesses importing oil and petrochemicals from Saudi Arabia benefit from the Riyal’s dollar-pegged stability, which helps ease import costs. On a broader scale, the Riyal’s steady performance continues to strengthen Pakistan’s foreign exchange reserves, which exceeded $11 billion in October 2024, supporting inflation control and debt management.
The Saudi Riyal (SAR), divided into 100 halala, is managed by the Saudi Central Bank and pegged to the US dollar, making it a reliable currency for remittances and trade. The Pakistani Rupee (PKR), symbolized by ₨, has a managed floating exchange rate regulated by the State Bank of Pakistan. The SAR to PKR rate reflects market dynamics, including remittance flows, trade activity, and economic policies.
Experts note that even minor fluctuations in the SAR to PKR rate can impact remittances, import costs, and macroeconomic strategies. For millions of Pakistanis, the Riyal remains a stable and dependable currency, supporting families and sustaining economic stability in the country.
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