The comparison table above helps you see the total cost of your Currencies Direct 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’.
Compare Currencies Direct Exchange Rates & Fees - Save Time & Money
Our Currencies Direct EUR 10000 to SAR rate is 4.3359. This is -0.8% below the mid-rate.
EUR to SAR Market Data
Euro (EUR) to Saudi riyal (SAR) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/SAR: range-bound near the 90-day avg, in the upper half of the 3-month range. Oil strength and risk appetite could push toward top; the USD peg keeps it sensitive to dollar moves. Eurozone inflation easing supports a neutral ECB, keeping euro modest.
Bias
Range-bound; EUR/SAR sits around its 90-day average and in the upper half of the 3-month range.
Key drivers
- Rate gap: The ECB policy stance remains modest while SAR’s policy is anchored to the USD peg; that dynamic makes EUR/SAR more responsive to dollar moves than to domestic rate differentials.
- Oil/commodities: Oil remains firm with increased volatility. Higher oil supports Saudi revenue and can bolster the riyal, nudging EUR/SAR higher when risk appetite improves.
- Macro factor: Eurozone inflation trends are easing, supporting a neutral ECB stance and keeping the euro modest.
Range
EUR/SAR is likely to drift within its 3-month range, with a tilt toward the upper end if oil stays firm and risk appetite improves.
What could change it
- Upside risk: A sustained oil rally or a clearer rise in risk appetite could push EUR/SAR toward the range top.
- Downside risk: A stronger dollar or weaker euro data and ECB signals could push EUR/SAR lower
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EUR to SAR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Saudi riyal across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
Currencies Direct Send Money conversion rate for EUR to SAR?
The Currencies Direct EUR to SAR exchange rate is 4.3359. This is -0.8% compared to the latest EUR-SAR mid-market rate 4.3708.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Saudi riyal (SAR) rates from different sources before making a conversion.
The above
Currencies Direct - Euro to Riyal comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Currencies Direct and other foreign exchange providers against the latest EUR-SAR mid-rate and the possible savings of using various providers.
How do Currencies Direct EUR-SAR rates compare between providers?
Looking at the full
EUR to SAR - Send Money comparison table the provider with the best EUR to SAR exchange rate is Wise at 4.3231, -1.1% from the latest mid-market rate 4.3708.
Then OFX at 4.2571, which is -2.6% from the mid-rate.
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
like Currencies Direct or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency: