Jump to content

Saudi riyal

From Simple English Wikipedia, the free encyclopedia
Saudi riyal
ريال سعودي
An old banknote of Saudi
An old banknote of Saudi
ISO 4217 Code SAR
User(s) Saudi Arabia Saudi Arabia
Inflation 3% (December 2013)
Source Saudi Arabian Monetary Agency, Jan 2014 est.
Subunit
1100 halalah
Symbol ر.س (Arabic), SR (Latin), ﷼‎ (Unicode)
Coins 0.01, 0.05, 0.10, 0.25, 0.50, 1 riyal, 2 riyals
Banknotes 5, 10, 50, 100, 500 riyals
Central bank Saudi Arabian Monetary Authority
Website www.sama.gov.sa

The riyal is the official money used in Saudi Arabia. A shorter name for it is SR (Arabic: ر.س). The riyal is divided into 100 halala (Arabic: هللة).

The riyal has been Saudi Arabia's money since Saudi Arabia became a country. It was the currency of Hejaz before Saudi Arabia was a country.

There are 5, 10, 25, 50 and 100 halala coins; and 1, 5, 10, 20, 50, 100, and 500 riyal banknotes.

Exchange rate

[change | change source]

The riyal is fixed to be the same as 0.266667 United States dollars.[1][2]

References

[change | change source]