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The Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the US dollar at a constant rate of exchange. [2]
Present currency ISO 4217 code Country or dependency ... Qatari riyal [16] QAR Qatar: ر.ق [17] Saudi riyal [18] SAR
330.8 billion (2023 est.) [ 7] Foreign reserves. $451.587 billion (April 2022) [ 12] ( 8th) All values, unless otherwise stated, are in US dollars. The economy of Saudi Arabia is the second-largest in the Middle East and the seventeenth-largest in the world. [ 6] The Saudi economy is highly reliant on its petroleum sector.
riyal Saudi riyal: Rl is singular and Rls is plural .ر.ع RO: rial Omani rial.ر.ق QR: rial Qatari riyal ៛ CR: riel Cambodian riel: U+17DB ៛ KHMER CURRENCY SYMBOL RIEL: RM: ringgit Malaysian ringgit: rubla Pridnestrovie rubla: not in Unicode: Rbl ⁄ Rbls R: rubel Belarusian rubel: Rbl is the singular and Rbls is the plural. Also used for ...
The banknotes of Qatar (in English and German) Preceded by: Saudi riyal. Reason: delivery of local currency. Ratio: 1.065 Qatari and Dubai riyal = 1 Saudi riyal, or 1 Qatari and Dubai riyal = 1 pre-devalued Gulf rupee. Currency of Qatar. 1966 – 1973.
On 7 May 1970 [ 6][ 7] the Saidi rial (named after the House of Al Said, not to be confused with Saudi riyal) was introduced as the currency of Oman to replace the Gulf rupee. It was equal to the British pound sterling and 1 Saidi rial = 21 Gulf rupees. The Saidi rial was subdivided into 1000 baisa.
All the Trucial States except Abu Dhabi adopted the Qatar and Dubai riyal, which was equal to the Gulf rupee prior to the devaluation. These emirates briefly adopted the Saudi riyal during the transition from the Gulf rupee to the Qatar and Dubai riyal. Abu Dhabi used the Bahraini dinar, at a rate of 10 Gulf rupees = 1 dinar. In 1973, the UAE ...
The history of Saudi Arabia as a nation state began with the emergence of the Al Saud dynasty in central Arabia in 1727 [ 1][ 2] and the subsequent establishment of the Emirate of Diriyah. Pre-Islamic Arabia, the territory that constitutes modern Saudi Arabia, was the site of several ancient cultures and civilizations; the prehistory of Saudi ...