Foreign Exchange Guide to Saudi Arabia
The domestic currency in Saudi Arabia is the Saudi riyal with currency code SAR. Read this foreign exchange guide to Saudi Arabia and the Saudi riyal with money transfer and travel tips plus Saudi riyal exchange cross rates.
In this guide we review :
- Saudi riyal info - general info about the Saudi riyal
- Saudi riyal in the markets - recent SAR moves and predictions from the FX markets
- Travelling in Saudi Arabia - currency & money saving tips
- Buying Saudi riyal cash online - travel money for Saudi Arabia
- Sending money to Saudi Arabia - save on Saudi riyal bank transfers to Saudi Arabia
- Saudi riyal exchange rates - latest & historic exchange rates.
Saudi riyal (SAR) general currency information
What is the Saudi riyal currency code and symbol?
The three letter currency code for the Saudi riyal is SAR and the symbol is ﷼.
Which countries use the Saudi riyal?
It is the domestic currency in Saudi Arabia.
Saudi riyal (SAR) in the markets
The interactive chart below shows the SAR to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.
Travel, Currency and Money saving tips for Saudi Arabia
The Saudi riyal (SAR) is Saudi Arabia’s official currency, with each Saudi riyal divided into 100 halala. Five halala are equal to 20 qurush. ATMs are everywhere and usually reliable. Visa and MasterCard are the most commonly accepted credit cards, but some establishments also accept Discover or American Express cards. Travelers’ checks are also widely accepted, but can sometimes be difficult to change.
Saudi Arabia contains the holy Muslim cities of Mecca and Medina, to which all physically and financially able Muslims are required to make a pilgrimage at least once if possible and where non-Muslims are forbidden from entering. Saudi Arabia has some of the most restrictive travel policies in the world, and advance visas are required for all foreigners desiring to enter. The only significant exception is citizens of the Gulf Cooperation Council nations. Also exempt from visa requirements are foreigners transiting through airports for less than eighteen hours, but many other entry requirements, such as the dress code and restrictions on unaccompanied females, still apply. Nationals of Israel and those with evidence of visiting Israel will be denied visas, although merely being Jewish in and of itself is not a disqualifying factor.
It should be noted however that traveling to the Najran and the Saudi Yemeni border should be done with slightly more caution than usual, although if you use street smarts you will be safe. Saudi Arabia is a Muslim country in which Sharia (Islamic) law is strictly enforced. You should respect local traditions, customs and laws. For example, the public practice of any form of religion other than Islam is illegal and homosexual acts, adultery, and the possession of alcohol/drugs/pornographic material are illegal, and the punishment results in up to death.
Saudi Arabia Trip Checklist
- Compare SAR travel cash rates - probably why you are here!
- Search Hotel deals - Save on your accomodation in Saudi Arabia
- Lonely Planet - world's best travel guide (coupon and deals)
Travel money for Saudi Arabia
Save money and time by Ordering your Saudi riyal online from Travelex, you get better rates and can pick up the SAR cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Saudi riyal otherwise you may get much worst exchange rates.
Travel Money Exchange Rates Compared
Buying SAR Cash with USD 1,000
Rate timestamp : Tue Jun 19 2018 14:00:04 GMT+0000 (UTC)
Sending money to Saudi Arabia
When searching around for information on how to get a good exchange rate when sending money to Saudi Arabia you need to start with finding out the latest Saudi riyal foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
Getting a better deal when sending money to Saudi Arabia
When sending money to Saudi Arabia it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Saudi riyal amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted SAR amount will be transfered to the recipient account you specify in Saudi Arabia.
Use our Send to SAR calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Saudi riyal deposited into the recipient bank account and less margins and fees kept by the banks!
Sending a LARGER international money transfer? Request a Free Multi-Vendor Quote
Compare Foreign Transfers
Sending USD 10,000 to SAR
Rate timestamp : Tue Jun 19 2018 14:05:31 GMT+0000 (UTC)