Saudi Riyal to Pakistani Rupee
SAR to PKR interbank reference rate, last month
SAR to PKR conversion table
PKR to SAR conversion table
About the Saudi Riyal in Pakistan
Saudi Arabia hosts the largest population of overseas Pakistanis anywhere, and the riyal arrives in Pakistan in two very different ways: as a bank remittance sent home each month, and as cash carried back by workers and by pilgrims returning from Umrah and Hajj.
The riyal is pegged to the dollar at 3.75, so SAR/PKR moves almost entirely with USD/PKR rather than on anything happening in Saudi Arabia. A riyal rate that has drifted away from the dollar rate divided by 3.75 is a sign the counter is quoting from a stale board.
Before you exchange SAR
Counters near Hajj and Umrah travel agents and in the Gulf-facing districts of Karachi and Lahore usually hold deeper riyal inventory, and quote accordingly.
Buy rate, sell rate and the spread
What one Saudi Riyal has cost, since 1986
| Year | PKR per SAR | What happened |
|---|---|---|
| 1986 | 4.44 | The riyal was pegged at 3.75 to the dollar, where it has stayed since. |
| 2000 | 13.84 | The float was widened after the 1998 sanctions and the rupee settled near fifty. |
| 2008 | 21.09 | A balance-of-payments crisis and an IMF programme. |
| 2019 | 41.33 | The rupee moved to a market-determined rate under the IMF programme. |
| 2023 | 81.87 | The rupee reached its weakest level against the dollar so far, in September. |
| Today | 73.85 | Open market buying rate, published . |
Where to exchange SAR
- Best currency exchanges in Karachi 236 branches buying and selling SAR
- Best currency exchanges in Lahore 208 branches buying and selling SAR
- Best currency exchanges in Islamabad 97 branches buying and selling SAR
- Best currency exchanges in Rawalpindi 69 branches buying and selling SAR
- Best currency exchanges in Sialkot 52 branches buying and selling SAR
- Best currency exchanges in Faisalabad 51 branches buying and selling SAR
- Best currency exchanges in Peshawar 39 branches buying and selling SAR
- Best currency exchanges in Gujranwala 35 branches buying and selling SAR
Common questions
What is the SAR to PKR rate today?
One Saudi Riyal costs 74.20 Pakistani rupees to buy on the open market, and selling one gets you 73.85 rupees. This is the national open market rate, maintained by our editorial team and updated through the day — an individual counter may quote either side of it.
Why is the SAR rate at the counter different from the interbank rate?
The interbank rate is a wholesale price for trades between banks in size. A counter has to cover the cost of holding physical notes, the risk that the rate moves while it holds them, and its own margin. That gap is normal; what varies is how wide it is, which is why comparing branches is worth doing.
Is the Saudi Riyal value going down?
We do not have enough recorded open market readings for SAR yet to answer that honestly. The chart above shows what has been recorded so far, and it fills as the board is updated. A rising figure means the rupee is weakening against the Saudi Riyal, not the other way round.
What is the highest SAR to PKR rate ever?
We have no recorded series for SAR yet, so we cannot quote a high from our own data, and we will not repeat one we have not measured. For context, in 2023 — the rupee's weakest year so far — one Saudi Riyal cost roughly 82 rupees.
Which rate do I get when I sell SAR?
The buying rate — 73.85 rupees per Saudi Riyal today. It is called the buying rate because it is the rate the exchange company buys at; you are the one selling. The other figure, 74.20, is what you would pay to buy SAR from them.
Why is the selling rate higher than the buying rate?
Because the gap between them is what the exchange earns. A counter holds physical notes, carries the risk that the rate moves while it holds them, and pays for staff, security and the cash itself — the spread covers that. Today's gap on SAR is 0.35 rupees per unit, which is 0.47% of the selling rate. A wide spread costs you twice if you buy and then sell back, so it is worth comparing.
Do ﷼100 notes get a better rate than small notes?
For dollars, yes — the 100-dollar note usually fetches a better rate than small notes. For the Saudi Riyal, denominations are generally quoted at the same rate, so a counter should not pay you less for smaller notes. Condition still matters: torn, marked or heavily creased notes are discounted or refused in any currency.
How much SAR can I buy in a day?
Up to about 18,795 SAR a day for travel, and up to about 37,590 SAR a day if you are depositing it into a foreign currency account. Those are the State Bank's limits for cash at an exchange company, written in dollars (5,000 and 10,000 USD) and converted here at today's board rate, so the figures move with the rate. Your original CNIC is required, biometric verification applies from 500 dollars upwards, and a travel purchase needs a passport, the visa where applicable and a confirmed ticket, with supporting documents from 1,000 dollars upwards.
Is the bank rate better than the open market rate?
It depends on the currency, and it is worth checking both. Today SAR sells on the open market above the interbank reference by 0.53%. As a rule the dollar trades on the open market above interbank, because cash dollars are in demand; most other currencies trade close to, or a little below, their own interbank rate. A bank will also apply its own margin and may not hold the currency in cash at all, which is why travellers usually end up at an exchange company.
Where can I exchange SAR in Pakistan?
At any exchange company licensed by the State Bank of Pakistan. We list 129 cities with verified branches, and every company shown is checked against the SBP register before it appears.
Do I need documents to buy SAR?
Yes. Your original CNIC, NICOP or POC is always required, and biometric verification applies to Pakistani nationals from USD 500 upwards. A travel purchase also needs a passport, the visa where applicable, and a confirmed ticket, with supporting documents required from USD 1,000 upwards.