Loading...

Home pages - full list (A-Z)

AUD/SAR - Convert Compare Save

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.

 

This resource page for the Australian Dollar to Saudi Riyal exchange rate, has news, forecasts and AUD to SAR comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. You can also check an exchange rate margin with our Exchange Rate Checker.

AUD/SAR Exchange Rates - How to Compare & Save

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.

 
Foreign Transfer ProvidersReceive SAR(﷼)Exchange RateFee AUDTotal CostDeal Links
OFX (OzForex) logo
24,539 SAR
Best Overall
2.45390^3.52%
Westpac logo
25,336 SAR
797 SAR
2.5387200.39%
ANZ Bank logo
24,616 SAR
77 SAR
2.466183.22%
Banks - Average Rate
National Australia Bank (nab) logo Westpac logo ANZ Bank logo Commonwealth Bank (CBA) logo
24,547 SAR
8 SAR
2.4588153.49%
National Australia Bank (nab) logo
24,281 SAR
258 SAR
2.4335224.53%
Commonwealth Bank (CBA) logo
23,954 SAR
585 SAR
2.39686 5.82%
OFX (OzForex): Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:0^ - No fees for BestExchangeRates users (normally $15 for transfers over $10K)
Exchange Rate:2.4539 (3.52% from mid-rate)
SAR amount:24,539 SAR
Total Cost:3.52%
Time:
Rate Fetched: Sat Aug 17 2019 22:01:50 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
Westpac: Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:20
Exchange Rate:2.5387 (0.18% from mid-rate)
SAR amount:25,336 SAR
Total Cost:0.39%
Difference:
797 SAR more than using OFX (OzForex)
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
ANZ Bank: Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:18
Exchange Rate:2.466 (3.04% from mid-rate)
SAR amount:24,616 SAR
Total Cost:3.22%
Difference:
77 SAR more than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Aug 17 2019 22:03:05 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 3/5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:15
Exchange Rate:2.4330 (4.34% from mid-rate)
SAR amount:24,547 SAR
Total Cost:3.49%
Difference:
8 SAR more than using OFX (OzForex)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
National Australia Bank (nab): Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:22
Exchange Rate:2.4335 (4.32% from mid-rate)
SAR amount:24,281 SAR
Total Cost:4.53%
Difference:
258 SAR less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Aug 17 2019 22:05:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2.1/5.0
Reviews:
Commonwealth Bank (CBA): Foreign Transfer AUD→SAR
AUD amount:$10,000 AUD
Fee:6
Exchange Rate:2.3968 (5.76% from mid-rate)
SAR amount:23,954 SAR
Total Cost:5.82%
Difference:
585 SAR less than using OFX (OzForex)
Time:
Rate Fetched: website - Sat Aug 17 2019 22:02:02 GMT+0000 (UTC)
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 08/18/2019 - 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
2,513.31 SAR
Compare
2.5387A$101.18%
Banks - Average Rate
Westpac logo Commonwealth Bank (CBA) logo National Australia Bank (nab) logo
2,406 SAR
107 SAR
2.4304105.4%
National Australia Bank (nab) logo
2,383.62 SAR
130 SAR
2.4077106.28%
Travelex Online AU logo
2,354.6 SAR
159 SAR
2.3546$0 BPay, Card 0.72%-1%7.42%
Travel Money Oz logo
2,341 SAR
172 SAR
2.341$0 BPay, Credit Card 1%7.96%
Commonwealth Bank (CBA) logo
2,321.35 SAR
192 SAR
2.3448A$108.73%
Westpac: Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:2.5387 (0.18% from mid-rate)
SAR amount:2,513.31 SAR
Total Cost:1.18%
Time:
Rate Fetched: website - Mon Apr 15 2019 01:04:04 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Banks - Average Rate

Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.4176 (4.95% from mid-rate)
SAR amount:2,406 SAR
Total Cost:5.4%
Currency Services:Branch
Delivery/Collect:-
National Australia Bank (nab): Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:10
Exchange Rate:2.4077 (5.34% from mid-rate)
SAR amount:2,383.62 SAR
Total Cost:6.28%
Time:
Rate Fetched: website - 0:01 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2.1/5.0
Reviews:
Travelex Online AU: Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:$0 BPAY, 0.77% MasterCard debit, 0.94% MasterCard credit, 0.72% Visa debit and 1% Visa credit
Exchange Rate:2.3546 (7.42% from mid-rate)
SAR amount:2,354.6 SAR
Total Cost:7.42%
Time:
Rate Fetched: Sat Aug 17 2019 22:00:05 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
Travel Money Oz: Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:$0 BPay, Credit Card 1%
Exchange Rate:2.341 (7.96% from mid-rate)
SAR amount:2,341 SAR
Total Cost:7.96%
Time:
Rate Fetched: Wed Jul 17 2019 22:45:07 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup
Delivery/Collect:3-5 days
Rating:
 
: 4.2/5.0
Reviews:
Commonwealth Bank (CBA): Travel Money AUD→SAR
AUD amount:$1,000 AUD
Fee:A$10 AUD (1%)
Exchange Rate:2.3448 (7.81% from mid-rate)
SAR amount:2,321.35 SAR
Total Cost:8.73%
Time:
Rate Fetched: website - Sat Aug 17 2019 22:02:02 GMT+0000 (UTC)
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1.2/5.0
Reviews:
 
Snapshot 08/18/2019 - See full table

AUD to SAR interbank exchange rate = 2.5434

 
 

Exchange Rate Checker

If you have been offered/charged an exchange rate then enter it below to check the true cost to the latest interbank mid-rate.

 
   

Compare savings on AUD/SAR exchange rates

Foreign Transfers Travel Money

Foreign Transfers Travel Money

   

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)

In early August the Australian dollar sunk to a 10 year low of 67¢ (Aug-7) to the US dollar. This was due to the offshore yuan breaking the symbolic and closely watched USD/CNY = 7.0 exchange rate, after the trade war flared up again and the US labelled China a "currency manipulator".

Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

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. Westpac has predicted three cuts this year.

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