US Dollar to Saudi Riyal Exchange Rate

Live Rate

= SR 3.7503

Refreshing in: 60s | Sat, Oct 24, 04:35AM GMT

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How can I get the best exchange rate between the US dollar and the Saudi riyal?

Since the exchange rate between the US dollar and the Saudi riyal is fixed at a value of 3.75 riyals per dollar, comparing rates offered by different providers should be an easy task.

Travelers to Saudi Arabia will have no problem using cash, or credit and debit cards — specifically Visa and MasterCard. Oddly enough, traveler’s checks are still accepted in most tourist areas in Saudi Arabia.

US dollars and other foreign currencies can be exchanged for Saudi riyals at banks and foreign exchange bureaus throughout the major cities of Saudi Arabia. Foreign exchange bureaus in busy areas will likely have the most competitive exchange rates.

Popular cities with many foreign exchange bureaus include Makkah, Jeddah, and Medina, due to being a religious destination. Be aware that currency exchange offices in these cities can be particularly busy around the Haj and Umrah seasons.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Currency Symbol:$
Sub unit:cents
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Saudi Riyal

The Saudi riyal is the official currency of Saudi Arabia. Oil is a big part of the economy, with Saudi Arabia in control of 20% of all the world’s oil reserves. It is the largest economy in Arab world.
Currency:Saudi Riyal
Currency Symbol:SR , ر.س
Sub unit:halalah
Bank notes:5, 10, 50, 100, 500 riyals
Coins:0.01, 0.05, 0.10, 0.25, 0.50, 1 riyal, 2 riyals

What affects exchange rates between the US dollar and the Saudi riyal?

Since the Saudi riyal is pegged to the US dollar at a fixed rate, the exchange rate between the two currencies doesn’t fluctuate.

A currency peg requires the central bank to constantly be buying and selling foreign currencies, which can cost huge amounts of money. However, as one of the largest oil exporters in the world, Saudi Arabia has large reserves of foreign currency to prop up the value of their own currency when needed.

With oil being such a big part of the Saudi Arabian economy, the price of it can directly effect the economy. If the Saudi economy were to take a severe downturn, the central bank would likely have a hard time keeping the exchange rate at the level it wants.

Send money from USD to SAR

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$1 Same day USD 0.00 3.733 SAR 18,667 XE offers fast transfers with no fees and a range of foreign currency tools. Go to site Show details

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How does the Saudi riyal trade against the US dollar historically?

The Saudi riyal has been pegged to the US dollar since 1986 and the exchange rate has only seen very minor fluctuations since. As long as the Saudi Arabian Monetary Authority maintains its current exchange rate policy, the exchange rate will stay the same.

The current dollar peg has served Saudi Arabia well over the years, largely because oil exports make up such a big part of the government’s revenues. Oil is a commodity that is quoted in US dollars worldwide, so a stable relationship between oil revenues and the value of the currency is highly beneficial.

US Dollar to the Saudi Riyal for the last 10 days

Oct 14 Oct 15 Oct 16 Oct 17 Oct 18 Oct 19 Oct 20 Oct 21 Oct 22 Oct 23
1 USD = 3.7510 Inverse: 0.2666 3.7513 Inverse: 0.2666 3.7529 Inverse: 0.2665 3.7529 Inverse: 0.2665 3.7516 Inverse: 0.2666 3.7514 Inverse: 0.2666 3.7498 Inverse: 0.2667 3.7504 Inverse: 0.2666 3.7502 Inverse: 0.2667 3.7503 Inverse: 0.2666

US Dollar to the Saudi Riyal for the last 10 months

Dec 2019 Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020 Jul 2020 Aug 2020 Sep 2020
1 USD = 3.7534 Inverse: 0.2664 3.7516 Inverse: 0.2666 3.7515 Inverse: 0.2666 3.7566 Inverse: 0.2662 3.7606 Inverse: 0.2659 3.7581 Inverse: 0.2661 3.7515 Inverse: 0.2666 3.7501 Inverse: 0.2667 3.7505 Inverse: 0.2666 3.7510 Inverse: 0.2666

US Dollar to the Saudi Riyal for the last 10 years

Oct 2010 Oct 2011 Oct 2012 Oct 2013 Oct 2014 Oct 2015 Oct 2016 Oct 2017 Oct 2018 Oct 2019
1 USD = 3.7501 Inverse: 0.2667 3.7502 Inverse: 0.2667 3.7503 Inverse: 0.2666 3.7504 Inverse: 0.2666 3.7518 Inverse: 0.2665 3.7488 Inverse: 0.2668 3.7506 Inverse: 0.2666 3.7504 Inverse: 0.2666 3.7520 Inverse: 0.2665 3.7508 Inverse: 0.2666

Market rate for common transfer amounts USD to SAR

US Dollars (USD) Saudi Riyal (SAR)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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