The comparison table above helps you see the total cost of your Wise 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’.
Wise - EUR Rate Margin Analysis
The average EUR rate margin offered by Wise is 0.74%.
This average is based on individual EUR 10K transfer rates in the currency pairs from Wise that we monitor.
Wise - Best and Worst Value Rates
The tables below show the best and worst exchange rate margins offered by Wise for Euro (EUR 10K)
transactions. Margins show the percentage difference from the mid-market rate.
Bias: bullish-to-range-bound, with EUR/JPY above the 90-day average and in the upper half of the range, suggesting modest upside for now unless renewed catalysts appear.
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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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
Wise Send Money conversion rate for EUR to SAR?
The Wise EUR to SAR exchange rate is 4.3136. This is -1.1% compared to the latest EUR-SAR mid-market rate 4.3613.
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
Wise - Euro to Riyal comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Wise and other foreign exchange providers against the latest EUR-SAR mid-rate and the possible savings of using various providers.
How do Wise 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 4.3136, -1.1% from the latest mid-market rate 4.3613.
Then OFX at 4.2479, 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 Wise or platforms that offer rates closer to the mid-market rate.