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What is the Saudi currency ?

April 26, 2017currency Saudi

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What is the Saudi currency ?

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The Saudi riyal is the official currency of Saudi Arabia. Each riyal is composed of 100 hallalahs. The Saudi Arabian Monetary Agency (SAMA) issues banknotes in denominations of 1, 5, 10, 20, 50, 100, 200 and 500 riyals and coins in denominations of 5, 10, 25, 50 and 100 hallalah The riyal has been fixed against the U.S. dollar since 1986. One riyal equals 0.2267 dollars, and a dollar equals 3.

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Posted

The Saudi riyal is the official currency of Saudi Arabia. Each riyal is composed of 100 hallalahs. The Saudi Arabian Monetary Agency (SAMA) issues banknotes in denominations of 1, 5, 10, 20, 50, 100, 200 and 500 riyals and coins in denominations of 5, 10, 25, 50 and 100 hallalahs. The riyal has been fixed against the U.S. dollar since 1986. One riyal equals 0.2267 dollars, and a dollar equals 3.7502 riyals.