Indian Rupee to Saudi Riyal - Convert Compare Save
The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees.
These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.
Compare INR/SAR Exchange Rates
The below table is a snapshot of the costs charged by FX specialists and banks when making an International Money Transfer from INR to SAR. The total costs are calculated against the latest mid-market rate.
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated as financial payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/18/2019
INR to SAR mid-rate = 0.052577
Right now the INR/SAR market mid-rate is 0.052577
and represents ideally how many Saudi Riyal you can get for one Indian Rupee.
This INR/SAR Converter calculates equivalent Indian Rupee to Saudi Riyal amounts at the market mid-rate:
INR / SAR mid-rate converter
1 Indian Rupee equals 0.052577Saudi Riyal
1 SAR =
1 SAR =
Compare how much you can save on INR/SAR exchange rates for:
Indian Rupee to Saudi Riyal (INR-SAR) - 10 Year History
The below table shows the historic variation in the INR/SAR exchange rate over the last 10 years.
The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour.
You can also view our various charts of INR versus other currencies : INR historical charts.
10 Feb 2019
18 Jan 2019
21 Aug 2018
17 Feb 2018
17 Feb 2017
18 Feb 2014
19 Feb 2009
Why can't I just get the INR/SAR market rate I see on Google or in the Media?
The INR/SAR mid-rate is the rate you will see
Quoted on Google
or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between
the last rate at which the INR / SAR was traded (bought or sold) in the international markets.
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.
The closer your final exchange rate is to the market INR/SAR midrate the better deal you are getting.
The three things you need in order to get a good INR to SAR exchange rate
Know the latest INR/SAR market mid-rate.
The closer your final exchange rate is to this real market rate the better deal you are getting.
You should also judge how the current rate compares to the historic rate over the past 10 years.
Compare your Bank's transaction costs
licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees.
We make that easy to do with our calculators for
Currency news and forecasts for Indian Rupee and Saudi Riyal
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the INR vs SAR, you should pay attention to both Indian Rupee and Saudi Riyal news and forecasts.
Indian Rupee (INR) - Market news and forecasts
6-January-2019: Like other emerging market currencies, the Indian rupee was under significant pressure in 2018, during which it made an all-time low of ₹74.5 to the dollar and fell to a 4-1/2-year low versus the euro, at ₹86.15.
Following a solid fourth quarter, the rupee had risen by early January 2019 to a 4-month high versus the dollar of ₹69.36 — appreciation worth 7 percent from October’s low — and had recovered similarly versus the euro, to ₹79.29.
Among major problems for the rupee last year was the high price of oil, which raised India’s import bill substantially, but as luck would have it, the oil market experienced a complete reversal in Q4. A $30 per barrel (40 percent) plunge in the oil price was a blessing.
Political uncertainty (never good for a currency’s valuation) is likely to emerge in 2019; expectations are for a tough electoral battle for current Indian prime minister Narendra Modi.
Fitch predicted in January a 2019 year-end exchange rate of ₹75 to the dollar on the basis of further current account deterioration and tighter financing conditions.
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