Saudi riyal

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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]