SAR (Saudi Riyal)

SAR (Saudi Riyal)
The currency abbreviation the Saudi riyal (SAR), the currency for Saudi Arabia. The Saudi riyal is made up of 100 halala or 20 ghirsh, and is often presented with the symbol SR. The Saudi riyal is pegged to the U.S. dollar at about 3.75 SAR.

In 1932, Saudi Arabia was created by the combination of the Hejazi Kingdom and the Sultanate of Nejd. After its creation, Saudi Arabia used a bimetallic monetary system based on British gold sovereigns and silver riyals. In 1952, the monetary system was reformed to use a single currency. This currency, the Saudi riyal, was backed by Saudi gold guineas equivalent to the British gold sovereign until 1959, when a system based on fiat money issued by the Saudi Arabian Monetary Agency was created.


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  • Saudi-Riyal — Rial Land: Saudi Arabien Unterteilung: 100 Halala ISO 4217 Code: SAR Abkürzung: SR Wechselkurs: (17. März 2009) 1 …   Deutsch Wikipedia

  • Saudi Riyal — Rial Land: Saudi Arabien Unterteilung: 100 Halala ISO 4217 Code: SAR Abkürzung: SR Wechselkurs: (17. März 2009) 1 …   Deutsch Wikipedia

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  • SAR — or Sar may refer to: Contents 1 Organizations 2 Railways 3 Science and technology …   Wikipedia

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  • Saudi Arabia — a kingdom in N and central Arabia, including Hejaz, Nejd, and dependencies. 20,087,965; ab. 600,000 sq. mi. (1,554,000 sq. km). Cap.: Riyadh. Cf. Mecca. * * * Saudi Arabia Introduction Saudi Arabia Background: In 1902 Abd al Aziz Ibn SAUD… …   Universalium

  • Saudi Rial — Rial Land: Saudi Arabien Unterteilung: 100 Halala ISO 4217 Code: SAR Abkürzung: SR Wechselkurs: (17. März 2009) 1 …   Deutsch Wikipedia

  • Saudi-Rial — Rial Staat: Saudi Arabien Unterteilung: 20 Qurusch=100 Halala ISO 4217 Code: SAR Abkürzung: SR Wechselkurs: (17. November 2011) 1 USD = 3,75 SAR (fix) 1 EUR = 5,055 SA …   Deutsch Wikipedia

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