Saudi Riyal (SAR)
The Saudi riyal is the official currency of Saudi Arabia. The Saudi Central Bank oversees the country's monetary system and currency issuance. SAR is the ISO code used in international payments and exchange-rate data, and one riyal is divided into 100 halalas. The code distinguishes the Saudi unit from other currencies that use the riyal or rial name.
- ISO code
- SAR
- Symbol
- ر.س
- Region
- Middle East
- Currency type
- Fiat currency
- Exchange system
- Pegged to the US dollar
- Last reviewed
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SAR converter
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Quick facts
SAR at a glance
Currency profile
How SAR works
The Saudi riyal is the official currency of Saudi Arabia. The Saudi Central Bank oversees the country's monetary system and currency issuance. SAR is the ISO code used in international payments and exchange-rate data, and one riyal is divided into 100 halalas. The code distinguishes the Saudi unit from other currencies that use the riyal or rial name.
SAR conversions support travel, employment, trade, pilgrimage planning and family transfers connected with Saudi Arabia. The riyal has an official fixed relationship with the US dollar, while CurrencyHub presents the provider's dated reference value for comparison. Banks, cards and transfer services may apply their own customer pricing and operational requirements. The displayed result should therefore be read with its source and rate date rather than as an executable offer.
- The modern national riyal developed through the Kingdom's currency-unification process and is divided into 100 halalas.
- The official exchange-rate policy maintains SAR 3.75 per U.S. dollar.
Context
Why this currency matters
SAR is a major Gulf currency associated with a large energy-exporting economy and substantial cross-border flows. It is often compared with USD, INR, PKR, EGP and neighboring Gulf currencies. Travelers may also compare riyal amounts when budgeting for pilgrimage and local expenses. Because the riyal name is shared across the region, the SAR code is essential. A reference calculation should always retain its source date when used in later records. This supports clearer comparisons across repeated trips or transfers.
Monetary framework
Exchange arrangement
SAR is maintained at the official rate of 3.75 Saudi riyals per U.S. dollar under Saudi Central Bank policy.
CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.
History timeline
Key dates for SAR
Saudi riyal unified
A Saudi silver riyal and national currency law formed an early unified monetary framework.
Saudi Central Bank - currency historySaudi monetary authority established
The institution now known as the Saudi Central Bank was established.
Saudi Central Bank - institutional historyFirst official banknote issue
The first regular official Saudi banknote series entered circulation.
Saudi Central Bank - currency historyCurrent dollar rate established
The riyal has been maintained at SAR 3.75 per U.S. dollar since 1986.
Saudi Central Bank - exchange-rate policy
Usage and economy
How SAR is used
- Domestic prices, wages and payments in Saudi Arabia.
- Trade, employment, pilgrimage and regional currency comparisons.
Country currency guides
Banknotes and coins
SAR currency units
The Saudi Central Bank records the history and issue of Saudi banknotes.
The Saudi Central Bank records riyal coinage and the halala subdivision within the national currency system.
One Saudi Riyal unit is recorded with 2 decimal places and uses Halala as its minor unit.
Related currencies
Currency relationships
Explore currencies connected through regional use, trade comparisons or monetary relationships.
Currency topics
FAQ
SAR questions
Is the Saudi riyal fixed to the U.S. dollar?
Yes. The Saudi Central Bank states an official rate of SAR 3.75 per U.S. dollar.
Who issues Saudi riyals?
Saudi riyal issuance is one of the monetary responsibilities of the Saudi Central Bank.
When did Saudi banknotes begin?
Pilgrims' receipts began in 1953, followed by the first regular official banknote issue in 1961.
Sources
Data and editorial review
Rate source: Frankfurter
Last reviewed:
Currency identity and cash information is checked against central-bank, government, ISO and official international sources.