Saudi riyal

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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 | edit source]

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

References[change | edit source]

  1. Saudi Arabia’s Exchange Rate Arrangement
  2. In this special feature Central Banking presents a survey of the Saudi Arabian Monetary Agency