Riyal Rate in Pakistan Today 2026: SAR to PKR Live Exchange Rate

Riyal Rate in Pakistan Today: Complete SAR to PKR Exchange Guide

The Saudi Riyal (SAR) to Pakistani Rupee (PKR) exchange rate is vital for millions of Pakistanis working in Saudi Arabia. As the largest source of remittances to Pakistan, the Saudi riyal rate directly impacts countless families relying on income from abroad.

Current SAR to PKR Exchange Rate

The riyal rate in Pakistan is relatively stable due to the SAR's peg to the US dollar. As of January 2026, the exchange rate typically ranges between PKR 73-75 per Saudi Riyal:

Bank Rate: Usually PKR 73-74, slightly lower due to processing
Exchange Company Rate: PKR 74-75, more competitive
Open Market Rate: PKR 74-76, varies by location
Online Transfer Rate: Often competitive with exchange companies

Why the Riyal Rate Matters for Pakistan

Saudi Arabia hosts over 2.5 million Pakistani workers, making it the largest destination for Pakistani labor migration. Key facts:

Remittance Statistics

Saudi Arabia sends over $6 billion annually to Pakistan
Represents approximately 25% of total Pakistani remittances
Supports millions of families across Pakistan
Critical for Pakistan's foreign exchange reserves

Worker Demographics

Workers span construction, healthcare, IT, and domestic sectors
Major cities: Riyadh, Jeddah, Dammam, Makkah, Madinah
Mix of skilled professionals and labor workers

Factors Affecting the Riyal to Rupee Rate

Several factors influence the SAR to PKR exchange rate:

The Dollar Peg Effect

Since the Saudi Riyal is pegged to the US Dollar at a fixed rate of SAR 3.75 per USD, the SAR/PKR rate moves in tandem with the USD/PKR rate. When the rupee weakens against the dollar, it automatically weakens against the riyal too.

Pakistani Economic Factors

Inflation: High inflation weakens the rupee
Foreign Reserves: Low reserves create currency pressure
IMF Programs: Economic reforms affect exchange rates
Political Stability: Uncertainty impacts currency markets

Saudi Economic Factors

Oil Prices: Impact Saudi economic strength
Vision 2030: Economic diversification efforts
Labor Policies: Saudization affects Pakistani workforce

Best Ways to Send Riyals to Pakistan

Multiple options exist for transferring riyals from Saudi Arabia to Pakistan:

1. Saudi Banks

Major Saudi banks like Al Rajhi Bank, NCB (SNB), and Riyad Bank offer direct transfers to Pakistani banks. Al Rajhi is particularly popular among Pakistani workers for its extensive network and competitive rates.

2. Exchange Houses

Companies like Al Rajhi Exchange, Enjaz, and UAE Exchange Saudi Arabia provide cash-to-cash or bank transfer services with competitive rates. Learn about managing your finances to maximize your remittances.

3. Online Transfer Services

Digital platforms like Wise, WorldRemit, and Remitly offer convenient smartphone transfers with transparent fees and competitive exchange rates.

4. Mobile Wallet Transfers

Services like JazzCash and Easypaisa can receive international transfers, allowing recipients without bank accounts to access funds easily.

Tips for Getting the Best Riyal Rate

Maximize your remittances with these strategies:

Compare Multiple Services: Rates vary between providers
Check Total Cost: Consider both exchange rate and fees
Use Bank Channels: Often offer bonus rates for formal remittances
Time Large Transfers: Monitor rates for favorable movements
Set Rate Alerts: Get notified when rates improve
Send Regularly: Avoid timing the market perfectly

Historical Riyal Rate Trends

The riyal rate mirrors the dollar rate due to the currency peg:

2018: PKR 29-37 per SAR
2019: PKR 37-43 per SAR
2020: PKR 43-46 per SAR
2021: PKR 43-47 per SAR
2022: PKR 47-61 per SAR (high volatility)
2023: PKR 61-77 per SAR
2024-2026: PKR 73-76 per SAR

Where to Check Live Riyal Rates

Stay updated with real-time SAR to PKR rates:

State Bank of Pakistan official exchange rates
Al Rajhi Bank website and mobile app
Pakistani bank websites (HBL, UBL, MCB)
Currency converter apps like XE or OANDA
Saudi exchange company websites

Frequently Asked Questions

What is today's riyal rate in Pakistan?

As of January 2026, the Saudi Riyal trades at approximately PKR 73-75 in Pakistan. Bank rates are typically PKR 73-74, while exchange companies and the open market offer PKR 74-75. Always check current rates before making transfers.

Why is the riyal rate linked to the dollar rate?

The Saudi Riyal is pegged to the US Dollar at a fixed rate of SAR 3.75 = USD 1. This means when the Pakistani Rupee changes against the dollar, the same percentage change occurs against the riyal. The peg has been maintained since 1986.

Which is the best way to send riyals to Pakistan?

Al Rajhi Bank is the most popular choice among Pakistani workers due to competitive rates, extensive branch networks in both countries, and reliable service. For smaller amounts, online services like Wise may offer better value.

How long does a riyal transfer to Pakistan take?

Bank transfers typically take 1-3 business days. Exchange house instant transfers can credit accounts within hours. Some online services offer same-day delivery for an additional fee.

Is it better to send riyals or convert to dollars first?

Direct SAR to PKR transfers are usually more economical. Converting to dollars first involves two exchanges, each with spread costs. Most services offer direct riyal to rupee conversion.

Conclusion

The riyal rate in Pakistan is essential information for millions of Pakistani families connected to Saudi Arabia. By understanding the factors affecting the rate and choosing the right transfer method, you can ensure maximum value from every riyal sent home. Stay informed about rates and explore investment strategies to grow your savings further.