Euro to Saudi Arabian Riyal — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Saudi Arabia

Currency Code, Symbol: SAR, SAR

Denominations of coins in circulation: 1, 5, 10, 25, 50 halalas, 1 riyal, 2 riyals

Denominations of banknotes in circulation: 1, 5, 10, 50, 100, 500 riyals

History: The Saudi riyal (SR) is a currency circulating only within the Kingdom of Saudi Arabia. It is not accepted outside the state. On the international exchange market, it is known as SAR.Halalah is used as change for the Saudi riyal. One SAR equals 100 halalas. The currency has been issued since 1928 after eliminating the Gulf rupee. Officially, there are smaller denomination coins – halalas. However, in cash payment, they are not used anymore. All prices are rounded to riyals.Read More