Saudi Riyals Symbol: SR | Code: SAR
1. Saudi Riyal is the national and official currency of Saudi Arabia and is abbreviated as SAR.
2. Saudi Arabia first saw a single currency around the year 1952, backed by Saudi gold guineas prior to 1959 when the Saudi Central Bank launched the fiat money system.
3. SAR is currently pegged with the USD at a daily exchange rate of 3.75 SR, and this rate was made official around January 1, 2003.
4. The Saudi Central Bank is the sole entity that controls and manages SAR.
5. The available denominations currently in circulation are 1, 5, 10, 20, 50, 100, 200 and 500 riyals.
What is the interbank exchange rate for the Saudi Arabian Riyal ?
1 GBP = 4.902590 SAR
Last update date : 11-10-2024 11:33:48
Last updated on 11-10-2024 11:33:48
The below table shows the exchange rate and inverse exchange rate
Last updated on 11-10-2024 11:33:48
Currency |
Exchange Rate |
Inverse Rate |
---|---|---|