The Pakistani currency market continues to show steady trends as the exchange rates of the Saudi Riyal (SAR) and UAE Dirham (AED) remain stable against the Pakistani Rupee (PKR). These currencies are highly important for overseas Pakistanis working in Saudi Arabia and the United Arab Emirates, as well as for families receiving remittances in Pakistan.
According to the latest financial data recorded on February 16, 2026, both currencies have shown minor fluctuations but overall stability in the interbank and open market. Here is a complete breakdown of today’s exchange rates and market insights.
Saudi Riyal and UAE Dirham Rates Today
As of February 16, 2026, the exchange rates are as follows:
| Currency | Interbank Rate | Open Market Buying | Open Market Selling |
| Saudi Riyal (SAR) | Rs. 74.69 | Rs. 74.85 | Rs. 75.35 |
| UAE Dirham (AED) | Rs. 76.12 | Rs. 76.40 | Rs. 77.30 |
These rates may slightly vary depending on the exchange company or bank handling the transaction.
Interbank vs Open Market Comparison
| Currency | Interbank Rate | Buying Rate | Selling Rate |
| Saudi Riyal | Rs. 74.69 | Rs. 74.85 | Rs. 75.35 |
| UAE Dirham | Rs. 76.12 | Rs. 76.40 | Rs. 77.30 |
Money exchange companies say the open market remains slightly higher due to travel and remittance demand.
Cross Currency Value
Currently:
1 Saudi Riyal ≈ 0.979 UAE Dirham
This ratio remains important for travelers moving between Saudi Arabia and the UAE.
Market Insight
Currency experts say Gulf currencies are relatively stable because they are pegged to the US Dollar, which reduces sharp fluctuations compared to other foreign currencies. However, local demand during Umrah season and remittance inflows can still influence open market prices in Pakistan.
What Overseas Pakistanis Should Know
- Remittance value may change daily
- Exchange companies offer slightly different rates
- Large transfers should be confirmed before sending
- Rates can change multiple times in one day
Final Update
The Saudi Riyal and UAE Dirham remained stable against the Pakistani Rupee on February 16, 2026, with only minor movements in the open market. Overseas workers and travelers are advised to check live exchange rates before sending money or purchasing foreign currency as the market can change during the day.