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SAR to EUR Market Data
Saudi riyal (SAR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
EUR/SAR near the 90-day avg and mid-range for the 3m window; oil at 90-day highs supports SAR and caps euro gains.
Bias
Range-bound, EUR/SAR near the 90-day average and within the middle of the 3-month range.
Key drivers
- Rate gap: The ECB policy path shapes the euro while the SAR peg fixes USD exposure, limiting extreme moves on EUR/SAR and tying it to euro-area data.
- Oil: Oil trading at 90-day highs with volatility, which tends to support the SAR and cap Euro gains versus the riyal, reflecting energy-price sensitivity.
- Macro: The ECB's neutral stance and expected steady policy keep the euro on a modest, range-bound path, with data and growth expectations skimming the horizon.
Range
No outsized moves; pair drifts within the recent band, with occasional nudges toward the edges as oil swings and policy signals shift.
What could change it
- Upside risk: clearer euro-area data or a shift toward higher risk appetite for euro-denominated assets could lift EUR/SAR, especially if oil remains supportive.
- Downside risk: a stronger USD or softer Eurozone data could push EUR/SAR lower, amid softer global growth signals
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SAR to EUR 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 Saudi riyal are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different SAR amounts at today’s rate * :
What is the
best Send Money conversion rate for SAR to EUR?
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Saudi riyal (SAR) to Euro (EUR) rates from different sources before making a conversion.
The above
Riyal to Euro 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 SAR-EUR mid-rate and the possible savings of using various providers.
How do SAR-EUR rates compare between providers?
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.