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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Saudi Arabia can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Saudi Arabia bank accounts or pay a Saudi riyal invoice.
Indian rupee (INR) to Saudi riyal (SAR) market data - latest interbank exchange rate, trend, chart & historic rates.
SAR/INR Outlook: The SAR/INR rate is slightly positive, trading just above its 90-day average and near recent highs.
INR/USD Outlook: The INR/USD rate is slightly weaker but likely to move sideways as it trades near 14-day lows and is just below the 90-day average.
INR/EUR Outlook: The INR/EUR pair is likely to decrease as it trades significantly below its recent average and is at 14-day lows.
To help you understand the real-world value of the current exchange rate, the table below shows how much Indian rupee are worth in Saudi riyal across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
*Converted at the current INR-SAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best INR to SAR exchange rate is 0.0407 from Wise. This is -1.1% compared to the mid-market rate 0.041149.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Indian rupee (INR) to Saudi riyal (SAR) rates from different sources before making a conversion.
The above Rupee to Riyal comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest INR-SAR mid-rate and the possible savings of using various providers.
Looking at the full INR to SAR - Send Money comparison table the provider with the best INR to SAR exchange rate is Wise at 0.0407, -1.1% from the latest mid-market rate 0.041149.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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