Loading...

AUD to SAR - Rate Guide

Australian Dollar to Saudi Riyal exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/SAR update & alerts

1 AUD = 2.5795 SAR

Sell AUD - Buy SAR  Invert

AUD to SAR - Trading Range (90 Day)
no alerts
AUD/SAR at 2.5794 is trading near the 90-day average 2.5722 with a range 2.5218 to 2.6323. There are no current rate alerts.
17-Jan-2020 16:NY 21:LON 08:SYD+1d

More Charts

AUD/SAR Exchange Rates and Providers Compared

This guide to the Australian Dollar to Saudi Riyal exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to SAR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/SAR Quick Calculator.

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for AUD/SAR International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

AUD to SAR International Money Transfers

  

Foreign Transfer ProvidersReceive SAR(﷼)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
24,953
Best Overall
2.49530^3.28%
WorldFirst logo
25,669
﷼716 more
2.566900.5%
TorFX logo
24,928
﷼25 less
2.492803.37%
ANZ Bank logo
25,035
﷼82 more
2.508182.96%
National Australia Bank (nab) logo
24,693
﷼260 less
2.4747224.28%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo
24,613
﷼340 less
2.4653154.59%
Westpac logo
24,573
﷼380 less
2.4622204.75%
Commonwealth Bank (CBA) logo
24,150
﷼803 less
2.41646 6.39%
 
OFX (OzForex) logo
OFX (OzForex): Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:2.4953 (3.28% from mid-rate)
To Amount (SAR)24,953
Total Cost:3.28%
Time:
Rate Fetched: Fri Jan 17 2020 17:01:50 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
WorldFirst logo
WorldFirst: Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:
Exchange Rate:2.5669 (0.5% from mid-rate)
To Amount (SAR)25,669
Total Cost:0.5%
Difference:
﷼716 SAR more than using OFX (OzForex)
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
TorFX logo
TorFX: Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:0
Exchange Rate:2.4928 (3.37% from mid-rate)
To Amount (SAR)24,928
Total Cost:3.37%
Difference:
﷼25 SAR less than using OFX (OzForex)
Time:18:01 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
ANZ Bank logo
ANZ Bank: Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:18
Exchange Rate:2.508 (2.78% from mid-rate)
To Amount (SAR)25,035
Total Cost:2.96%
Difference:
﷼82 SAR more than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jan 17 2020 17:03:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 
National Australia Bank (nab) logo
National Australia Bank (nab): Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:22
Exchange Rate:2.4747 (4.07% from mid-rate)
To Amount (SAR)24,693
Total Cost:4.28%
Difference:
﷼260 SAR less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jan 17 2020 17:05:03 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:15
Exchange Rate:2.4740 (4.1% from mid-rate)
To Amount (SAR)24,613
Total Cost:4.59%
Difference:
﷼340 SAR less than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
Westpac logo
Westpac: Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:20
Exchange Rate:2.4622 (4.56% from mid-rate)
To Amount (SAR)24,573
Total Cost:4.75%
Difference:
﷼380 SAR less than using OFX (OzForex)
Time:
Rate Fetched: website - Thu Jan 16 2020 21:30:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Foreign Transfer AUD→SAR
From Amount (AUD)A$10,000
Fee:6
Exchange Rate:2.4164 (6.33% from mid-rate)
To Amount (SAR)24,150
Total Cost:6.39%
Difference:
﷼803 SAR less than using OFX (OzForex)
Time:
Rate Fetched: website - Fri Jan 17 2020 17:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 01/17/2020 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount SAR(﷼)Exchange RateFee AUDTotal CostDeal Links
Westpac logo
2,437.58
Compare
2.4622A$105.51%
Commonwealth Bank (CBA) logo
2,340.46
﷼97 less
2.3641A$109.28%
 
Westpac logo
Westpac: Travel Money AUD→SAR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:2.4622 (4.56% from mid-rate)
To Amount (SAR)2,437.58
Total Cost:5.51%
Time:
Rate Fetched: website - Thu Jan 16 2020 21:30:05 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
Commonwealth Bank (CBA) logo
Commonwealth Bank (CBA): Travel Money AUD→SAR
From Amount (AUD)A$1,000
Fee:A$10 AUD (1%)
Exchange Rate:2.3641 (8.36% from mid-rate)
To Amount (SAR)2,340.46
Total Cost:9.28%
Time:
Rate Fetched: website - Fri Jan 17 2020 17:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 01/17/2020 - See full table

AUD and SAR in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs SAR, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

The threat of proxy war between the US and Iran in Iraq has pared back some of the gains the Aussie had made coming into the New Year.

The Australian dollar had started the new decade strongly climbing to multi-month highs helped along by cooling trade tensions between the United States and China and optimism for global economic growth in the year ahead.

The Aussie broke back over US70 cents on the final day of 2019 — a level not seen since mid year. During December the Australian dollar reversed direction (again) and climbed steadily back up against the US dollar on the back of the strength of the housing market and a market perception that further interest rate cuts were less likely. In November it had been all downhill traffic for the Aussie dropping back from highs close to 70c at the beginning of the month to around 67c against the USD by month end.

At the end of October the AUD had surged to a three month high against the US dollar following the third rate cut in a year by the US Federal Reserve. The gains were mainly due to the fall in the US dollar after the market sensed that US rates are more likely to rise now than fall further.

The RBA also added to the positive sentiment with an optimistic assessment of easing risks from the US-China trade war and Brexit. Accordingly markets are pulling back from bets that the cash rate will drop to 0.5 per cent and the possible start of quantitative easing.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations.

For AUD forecasts and predictions read our Australian Dollar Forecasts report.

Read more in the article AUD Forecasts.

 

Saudi Riyal (SAR)

No recent Saudi Riyal market updates.

Why can't I just get the AUD/SAR market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / SAR was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates