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Saudi Riyal is the official currency of the Kingdom of Saudi Arabia. The currency is represented by the symbol SR or ر.س and by the ISO code SAR. The currency is subdivided into 100 Halalah. The banknotes and coins are issued by the Saudi Arabian Monetary Authority. The banknotes range from 5 to 500 riyals and coins from 1 to 50 halalahs and 1, 2 riyals are issued by the Saudi Arabian Monetary Authority. The Saudi Riyal has an exchange value of 15-20 Indian Rupees. Check the live rates of Saudi Riyal against the Indian Rupee here.
Saudi Arabia is one the absolute monarch in the world. The Islamic nation, where the Sharia Law is followed is one of the richest nations in the world attributed to the huge oil reserves it possesses. Saudi Arabia is one of the largest petroleum exporters in the world and the nation’s economy is entirely based on the export of petroleum. The nation is popular in the world because of its strict laws and capital punishments. The nation has a workforce almost entirely composed of Immigrant workers largely consisting of Indians. Skilled labour and management are often done by the immigrant workers. The USD is equal to 3.5-3.8 Saudi Riyal.
The Saudi Riyal is popular in India due to a large number of NRI citizens working in Saudi Arabia. Since there are not many skilled Saudi citizens contributing to the labour force. The majority of the foreign workers in Saudi Arabia is from India. Hence the Indian banks and exchange houses accept and exchange Saudi Riyal. Besides, Saudi Arabia is the largest Islamic pilgrim centre in the world. The Islamic holy cities Mecca and Medina are is Saudi Arabia. Millions of Pilgrims visit these holy cities following the Hajj Pilgrimage. Moreover, the tomb of the Islamic prophet Muhammed is situated in Saudi Arabia.
|SR or ر.س
|Halalah ( 1 SR= 100 Halalah)
|5, 10, 50, 100, 500 SR
|1, 5, 10, 25, 50 Halalah, 1, 2 Riyal
ExTravelMoney.com can help you locate the vendor nearest to you for converting the Indian Rupee to Saudi Riyal at the best exchange rate you can get. From our website choose the vendor that provides the best exchange rate and place your order with us. Confirm the order with the help of our customer care executive and make the payment online. For your convenience, you can even request the vendor to deliver the forex to your location and collect the KYC documents.
If you are someone just arrived from Saudi Arabia and looking for a place to exchange SAR to Indian Rupee, ExTravelMoney.com can help you locate the right vendor in your region. Find the vendors and the exchange rates offered by them to convert SAR to INR and choose the right one. Place your order online and wait for our customer support to contact you. Confirm the order and make the payment online. You can request the vendor to arrange to pick up for the forex and KYC documents.
Sending money from India to Saudi Arabia is made absolutely easy and hassle-free with ExTravelMoney.com. You can send money abroad at the comfort of your home with just a click. Choose from the list of vendors in your region that offers wire transfer and choose one. Place your order online and complete the order with the help of our customer care executive. The transfer will be processed and the recipient will receive the payments. The entire process could take up to 3 days depending on the difference in time zones.
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